HomeWisconsinPrice CountyPark Falls
Park Falls, Wisconsin: commercial real estate data.
Park Falls is a Census city of 2,318 people across 3.77 square miles of land, in Price County. Median household income is $54,643, 66.7 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $2.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Park Falls
What Park Falls is
- Census place typecity
- Land area3.77 sq mi
- Water area0.23 sq mi
- Population per square mile of land616
- County holding the largest share of its areaPrice 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.
Park Falls
How many people live in Park Falls
- Population2,318
- Median age47.0
- Population under 18511
- Share under 1822.0 percent
- Population 65 and over587
- Share 65 and over25.3 percent
- Households1,126
- Family households499
- Share of households that are families44.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Park Falls
Income and work in Park Falls
- Median household income$54,643
- Per capita income$31,806
- Civilian labor force973
- Employed962
- Unemployed11 plus or minus 11
- Unemployment rate1.1 percent plus or minus 1.1
- Adults 25 and over1,554
- Adults 25 and over with a high school diploma or higher89.8 percent
- Adults 25 and over with a bachelor degree or higher14.9 percent plus or minus 3.8
- Adults 25 and over with a graduate degree4.0 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Park Falls
Housing in Park Falls
- Housing units1,298
- Occupied units1,126
- Vacant units172 plus or minus 72
- Vacancy rate13.3 percent plus or minus 5.4
- Owner occupied751
- Renter occupied375 plus or minus 81
- Ownership rate66.7 percent
- Median owner-occupied home value$84,800
- Median gross rent, monthly$832 plus or minus $222
- Annual rent as a share of median income18.3 percent plus or minus 5.7
- Single family units938
- Share single family72.3 percent
- Units in buildings of two or more350 plus or minus 100
- Share in buildings of two or more27.0 percent plus or minus 7.4
- Mobile homes10 plus or minus 10
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Park Falls
How Park Falls gets to work
- Workers 16 and over who commute870
- Commuting under 15 minutes522
- Share commuting under 15 minutes60.0 percent
- Commuting 30 minutes or more190 plus or minus 69
- Share commuting 30 minutes or more21.8 percent plus or minus 7.5
- Drove alone78.1 percent
- Carpooled6.3 percent plus or minus 3.8
- Public transport0.0 percent
- Walked4.8 percent plus or minus 2.9
- Worked from home9.3 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Park Falls
SBA loans in Park Falls (7(a))
- Approvals13
- Gross approval$1,962,400
- Average approval$150,954
- Median approval$109,800
- Largest approval$820,200
- Jobs supported72
- Jobs per approval5.5
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more23.1 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Park Falls, in any county, FY2020 to FY2026. Only 4 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.
Park Falls
SBA loans in Park Falls (504)
- Approvals2
- Gross approval$3,032,000
- Average approval$1,516,000
- Median approval$1,516,000
- Largest approval$2,685,000
- Jobs supported9
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Park Falls, 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.
Park Falls
Flood risk in Park Falls
- NFIP communityCity of Park Falls
- NFIP community number550344
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/15/89
The City of Park Falls participates in the National Flood Insurance Program as community 550344 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.
Price County, not Park Falls
Price County context, not Park Falls figures
- Establishments in Price County369
- Covered employment, Price County4,876
- Average annual pay, Price County$48,882
- Housing units permitted, Price County49
Every figure in this section is published for Price County as a whole and is not a measurement of Park Falls.
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
Park Falls questions, answered from the record.
How many people live in Park Falls, Wisconsin?
2,318, in 1,126 households. Park Falls city covers 3.77 square miles of land, which is 616 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Park Falls in?
Price 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 Park Falls?
$54,643. The median owner-occupied home is valued at $84,800. Median gross rent is $832 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Park Falls businesses?
13 7(a) approvals totaling $2.0 m since FY2020, across 3 lenders, median approval $109,800, plus 2 504 approvals worth $3.0 m since FY2010. These count approvals to borrowers whose address is in Park Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Park Falls borrowers get paid back?
No rate is published for Park Falls. Only 4 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 Park Falls in the National Flood Insurance Program?
Yes. Park Falls appears in the FEMA Community Status Book as Park Falls, city of, community 550344, 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 Park Falls figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Price 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 Park Falls.
Is zoning published for Park Falls?
No. Nothing on this page presents parcel level zoning.
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