HomeMinnesotaRamsey CountyFalcon Heights city
Falcon Heights city, Minnesota: commercial real estate data.
Falcon Heights city 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.
76 sourced place values · tier FULL · 8 sections · 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
- Ninetieth percentile 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
A charge-off rate is not published here. only 0 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.
Falcon Heights
SBA loans in Falcon Heights (504)
- Approvals4
- Gross approval$2,943,000
- Average approval$735,750
- Median approval$676,000
- Largest approval$1,320,000
- Jobs supported50
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Ramsey County, not Falcon Heights
Ramsey County context, not Falcon Heights figures
These are Ramsey County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Falcon Heights measurements.
- Establishments in Ramsey County13,677
- Employment at those establishments, Ramsey County294,664
- Covered employment, Ramsey County325,226
- Average annual pay, Ramsey County$77,908
- Average weekly wage, Ramsey County$1,498
- Housing units permitted, Ramsey County1,084
- Of those, single family, Ramsey County202
- County product, 2024, Ramsey County$56,256,165,000
- County product change over the prior year, Ramsey County6.7 percent
- Average income of an arriving household, Ramsey County$61,963
Every figure in this section is published for Ramsey County as a whole and is not a measurement of Falcon Heights. 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
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 totalling $100,000, across 1 lenders, median approval $100,000, plus 4 504 approvals worth $2.9 m. 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 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 Falcon Heights figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.