HomeMinnesotaMorrison CountyLittle Falls city
Little Falls city, Minnesota: commercial real estate data.
Little Falls city is a Census city of 9,121 people across 8.04 square miles of land, in Morrison County. Median household income is $47,863, 64.1 percent of occupied homes are owned, and the SBA record carries 17 7(a) approvals to borrowers here worth $5.7 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Little Falls
What Little Falls is
- Census place typecity
- Land area8.04 sq mi
- Water area0.91 sq mi
- Population per square mile of land1,134
- County holding the largest share of its areaMorrison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
How many people live in Little Falls
- Population9,121
- Median age40.9
- Population under 182,011
- Share under 1822.0 percent
- Population 65 and over2,345
- Share 65 and over25.7 percent
- Households4,106
- Family households2,323
- Share of households that are families56.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
Income and work in Little Falls
- Median household income$47,863 plus or minus $9,949
- Per capita income$32,224
- Civilian labor force3,826
- Employed3,592
- Unemployed234 plus or minus 108
- Unemployment rate6.1 percent plus or minus 2.8
- Adults 25 and over6,581
- Adults 25 and over with a high school diploma or higher92.5 percent
- Adults 25 and over with a bachelor degree or higher22.6 percent
- Adults 25 and over with a graduate degree8.5 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
Housing in Little Falls
- Housing units4,249
- Occupied units4,106
- Vacant units143 plus or minus 76
- Vacancy rate3.4 percent plus or minus 1.8
- Owner occupied2,632
- Renter occupied1,474
- Ownership rate64.1 percent
- Median owner-occupied home value$202,600
- Median gross rent, monthly$747
- Annual rent as a share of median income18.7 percent plus or minus 4.8
- Single family units3,159
- Share single family74.3 percent
- Units in buildings of two or more1,026 plus or minus 244
- Share in buildings of two or more24.1 percent plus or minus 5.7
- Mobile homes64 plus or minus 59
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
How Little Falls gets to work
- Workers 16 and over who commute3,290
- Commuting under 15 minutes1,735
- Share commuting under 15 minutes52.7 percent
- Commuting 30 minutes or more1,114 plus or minus 247
- Share commuting 30 minutes or more33.9 percent plus or minus 6.8
- Drove alone79.4 percent
- Carpooled9.0 percent plus or minus 3.4
- Public transport0.6 percent plus or minus 1.2
- Walked2.2 percent plus or minus 1.8
- Worked from home6.5 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
SBA loans in Little Falls (7(a))
- Approvals17
- Gross approval$5,749,400
- Average approval$338,200
- Median approval$225,000
- Ninetieth percentile approval$500,000
- Largest approval$1,900,000
- Jobs supported237
- Jobs per approval13.9
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more5.9 percent
- Share to franchises0.0 percent
- Distinct lenders10
- Distinct industries by NAICS14
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Little Falls
SBA loans in Little Falls (504)
- Approvals20
- Gross approval$23,796,000
- Average approval$1,189,800
- Median approval$335,000
- Largest approval$4,151,000
- Jobs supported413
- Loans with a final outcome5
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morrison County, not Little Falls
Morrison County context, not Little Falls figures
These are Morrison County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Little Falls measurements.
- Establishments in Morrison County933
- Employment at those establishments, Morrison County8,532
- Covered employment, Morrison County11,175
- Average annual pay, Morrison County$47,270
- Average weekly wage, Morrison County$909
- Housing units permitted, Morrison County199
- Of those, single family, Morrison County120
- County product, 2024, Morrison County$1,500,674,000
- County product change over the prior year, Morrison County2.0 percent
- Average income of an arriving household, Morrison County$60,647
Every figure in this section is published for Morrison County as a whole and is not a measurement of Little Falls. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Little Falls questions, answered from the record.
How many people live in Little Falls, Minnesota?
9,121, in 4,106 households. Little Falls city covers 8.04 square miles of land, which is 1,134 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Little Falls in?
Morrison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Little Falls?
$47,863. The median owner-occupied home is valued at $202,600. Median gross rent is $747 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Little Falls businesses?
17 7(a) approvals totalling $5.7 m, across 10 lenders, median approval $225,000, plus 20 504 approvals worth $23.8 m. These count approvals to borrowers whose address is in Little Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Little Falls borrowers get paid back?
No rate is published for Little Falls. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Little Falls figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morrison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Little Falls.
Is zoning published for Little Falls?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.