Median Income
$61,250
household / year
Median Home Value
$67,600
owner-occupied
Median Rent
$770
gross / month
Cost of Living
90
national avg = 100

Is Hanley Falls, MN a Good Place to Live?

Hanley Falls is a small town of 344 in Minnesota, with a median household income of $61,250 and a 4.8% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Hanley Falls stands out for an affordable cost of living, below-average home prices.

Trade-offs: No major red flags stand out in the available data. Whether Hanley Falls is right for you depends on your priorities — the full breakdown is below.

All Hanley Falls city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.5

Hanley Falls's overall cost of living index is 89.5, where 100 represents the US national average. Living in Hanley Falls costs roughly 10% less than the average American city.

Metric Hanley Falls, MN National Avg
Median Home Value $67,600 $244,900
Median Monthly Rent $770 $1,163
Homeownership Rate 63.2% 65.9%
Median Household Income $61,250 $74,755

Crime & Safety

Very Safe

Hanley Falls's violent crime rate is 123.6 per 100,000 residents — 67% lower than the national average of ~380 per 100,000.

Violent Crime
123.6 /100k
Property Crime
442.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Hanley Falls, MN National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 6.4% 35.4%
High School Diploma or Higher 81.9% 91.1%

Weather & Climate

Hanley Falls sees average highs of 24.1°F in January and 85.0°F in July, with 28.6 inches of annual precipitation and 51.5 inches of snow per year.

MetricHanley Falls, MN
Average High — January24.1°F
Average High — July85.0°F
Annual Precipitation28.6"
Annual Snowfall51.5"

Demographics

MetricHanley Falls, MNNational Avg
Population344—
Median Age30.138.9
Unemployment Rate4.8%3.7%
Avg Commute Time26.2 min26 min
White (non-Hispanic)82.8%59.3%
Black or African American0.6%13.6%
Hispanic or Latino13.1%18.9%
Asian0.0%6.3%
Under 1827.6%22.2%
65 and over7.6%16.8%

Nearby Cities

ZIP Codes in Hanley Falls

Hanley Falls, MN is covered by 1 ZIP code:

Hanley Falls vs Other Cities

Frequently Asked Questions

Hanley Falls's cost of living index is 90, where 100 is the national average. That makes Hanley Falls roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $67,600 and median rent is $770/month.
Hanley Falls's violent crime rate is 123.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 442.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Hanley Falls, MN has a population of 344, a median household income of $61,250, and an unemployment rate of 4.8%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hanley Falls averages 24.1°F in January and 85.0°F in July. Annual rainfall is 28.6 inches with about 51.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Hanley Falls, MN is covered by 1 ZIP code: 56245.
The population of Hanley Falls, Minnesota is 344 with a median age of 30.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hanley Falls: cost of living index 90 (100 = US average), median home $67,600, median household income $61,250, crime index 28 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Hanley Falls side by side with your current city to see the trade-offs.