HomeMinnesotaRamsey CountyFalcon Heights
Falcon Heights, Minnesota: commercial real estate data.
Falcon Heights is a Census city of 5,085 people across 2.23 square miles of land, in Ramsey County. Median household income is $96,528, 57.4 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $100,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Falcon Heights
What Falcon Heights is
- Census place typecity
- Land area2.23 sq mi
- Water area0.01 sq mi
- Population per square mile of land2,277
- County holding the largest share of its areaRamsey 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.
Falcon Heights
How many people live in Falcon Heights
- Population5,085
- Median age34.4
- Population under 18979
- Share under 1819.3 percent
- Population 65 and over789
- Share 65 and over15.5 percent
- Households2,039
- Family households1,229
- Share of households that are families60.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falcon Heights
Income and work in Falcon Heights
- Median household income$96,528
- Per capita income$49,777
- Civilian labor force2,963
- Employed2,820
- Unemployed143 plus or minus 70
- Unemployment rate4.8 percent plus or minus 2.3
- Adults 25 and over3,403
- Adults 25 and over with a high school diploma or higher98.5 percent
- Adults 25 and over with a bachelor degree or higher72.9 percent
- Adults 25 and over with a graduate degree40.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falcon Heights
Housing in Falcon Heights
- Housing units2,147
- Occupied units2,039
- Vacant units108 plus or minus 84
- Vacancy rate5.0 percent plus or minus 3.9
- Owner occupied1,170
- Renter occupied869
- Ownership rate57.4 percent
- Median owner-occupied home value$384,500
- Median gross rent, monthly$1,202
- Annual rent as a share of median income14.9 percent
- Single family units1,345
- Share single family62.6 percent
- Units in buildings of two or more802
- Share in buildings of two or more37.4 percent
- Mobile homes0
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falcon Heights
How Falcon Heights gets to work
- Workers 16 and over who commute1,965
- Commuting under 15 minutes635 plus or minus 160
- Share commuting under 15 minutes32.3 percent plus or minus 7.1
- Commuting 30 minutes or more473 plus or minus 121
- Share commuting 30 minutes or more24.1 percent plus or minus 5.4
- Drove alone44.5 percent
- Carpooled6.8 percent plus or minus 3.2
- Public transport5.5 percent plus or minus 2.1
- Walked8.6 percent plus or minus 3.0
- Worked from home29.0 percent plus or minus 8.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Falcon Heights
SBA loans in Falcon Heights (7(a))
- Approvals1
- Gross approval$100,000
- Average approval$100,000
- Median approval$100,000
- Largest approval$100,000
- Jobs supported9
- Jobs per approval9.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Falcon Heights, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Falcon Heights
SBA loans in Falcon Heights (504)
- Approvals4
- Gross approval$2,943,000
- Average approval$735,750
- Median approval$622,500
- Largest approval$1,320,000
- Jobs supported50
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Falcon Heights, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Falcon Heights
Flood risk in Falcon Heights
- NFIP communityCity of Falcon Heights
- NFIP community number275299
- Participating in the NFIPYes
- Community Rating System classNone
The City of Falcon Heights participates in the National Flood Insurance Program as community 275299 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Ramsey County, not Falcon Heights
Ramsey County context, not Falcon Heights figures
- Establishments in Ramsey County13,677
- Covered employment, Ramsey County325,226
- Average annual pay, Ramsey County$77,908
- Housing units permitted, Ramsey County1,084
Every figure in this section is published for Ramsey County as a whole and is not a measurement of Falcon Heights.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Falcon Heights questions, answered from the record.
How many people live in Falcon Heights, Minnesota?
5,085, in 2,039 households. Falcon Heights city covers 2.23 square miles of land, which is 2,277 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Falcon Heights in?
Ramsey 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 Falcon Heights?
$96,528. The median owner-occupied home is valued at $384,500. Median gross rent is $1,202 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Falcon Heights businesses?
1 7(a) approvals totaling $100,000 since FY2020, across 1 lenders, median approval $100,000, plus 4 504 approvals worth $2.9 m since FY2010. These count approvals to borrowers whose address is in Falcon Heights, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Falcon Heights borrowers get paid back?
No rate is published for Falcon Heights. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Falcon Heights in the National Flood Insurance Program?
Yes. Falcon Heights appears in the FEMA Community Status Book as Falcon Heights, city of, community 275299, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Falcon Heights figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Ramsey 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 Falcon Heights.
Is zoning published for Falcon Heights?
No. Nothing on this page presents parcel level zoning.