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.
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.