HomeWisconsinPrice CountyPark Falls city
Park Falls city, Wisconsin: commercial real estate data.
Park Falls city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Park Falls borrowers
- Approvals13
- Gross approval$1,962,400
- Average approval$150,954
- Median approval$109,800
- Ninetieth percentile approval$150,000
- 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
A charge-off rate is not published here. only 4 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.
Park Falls
SBA 504 lending to Park Falls borrowers
- Approvals2
- Gross approval$3,032,000
- Average approval$1,516,000
- Median approval$2,685,000
- Largest approval$2,685,000
- Jobs supported9
- Loans with a final outcome0
- 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.
Price County, not Park Falls
Price County context, not Park Falls figures
These are Price County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Park Falls measurements.
- Establishments in Price County369
- Employment at those establishments, Price County3,796
- Covered employment, Price County4,876
- Average annual pay, Price County$48,882
- Average weekly wage, Price County$940
- Housing units permitted, Price County49
- Of those, single family, Price County41
- County product, 2024, Price County$742,889,000
- County product change over the prior year, Price County-0.6 percent
- Average income of an arriving household, Price County$66,133
Every figure in this section is published for Price County as a whole and is not a measurement of Park 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
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 totalling $2.0 m, across 3 lenders, median approval $109,800, plus 2 504 approvals worth $3.0 m. 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 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 Park Falls figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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