Median Income
$43,631
household / year
Median Home Value
$79,200
owner-occupied
Median Rent
$713
gross / month
Cost of Living
87
national avg = 100

Is Park Falls, WI a Good Place to Live?

Park Falls is a small town of 2,389 in Wisconsin, with a median household income of $43,631 and a 2.7% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

Strengths: Park Falls stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B), short average commutes.

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

All Park 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: 87.3

Park Falls's overall cost of living index is 87.3, where 100 represents the US national average. Living in Park Falls costs roughly 13% less than the average American city.

Metric Park Falls, WI National Avg
Median Home Value $79,200 $244,900
Median Monthly Rent $713 $1,163
Homeownership Rate 60.4% 65.9%
Median Household Income $43,631 $74,755

Crime & Safety

Safer than Average

Park Falls's violent crime rate is 254.5 per 100,000 residents — 33% lower than the national average of ~380 per 100,000.

Violent Crime
254.5 /100k
Property Crime
1017.8 /100k

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

Schools & Education

Park Falls is served primarily by Chequamegon School District. The student-to-teacher ratio is 12.3:1 (better than the national average of ~16:1).

Metric Park Falls, WI National Avg
School District Chequamegon School District —
Elementary Schools 2 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 12.3:1 16:1
Bachelor's Degree or Higher 11.7% 35.4%
High School Diploma or Higher 91.8% 91.1%

Weather & Climate

Park Falls sees average highs of 20.2°F in January and 77.6°F in July, with 34.0 inches of annual precipitation and 57.3 inches of snow per year.

MetricPark Falls, WI
Average High — January20.2°F
Average High — July77.6°F
Annual Precipitation34.0"
Annual Snowfall57.3"

Demographics

MetricPark Falls, WINational Avg
Population2,389—
Median Age44.438.9
Unemployment Rate2.7%3.7%
Avg Commute Time17.8 min26 min
White (non-Hispanic)90.4%59.3%
Black or African American0.1%13.6%
Hispanic or Latino0.6%18.9%
Asian1.2%6.3%
Under 1822.7%22.2%
65 and over25.3%16.8%

Nearby Cities

ZIP Codes in Park Falls

Park Falls, WI is covered by 1 ZIP code:

Park Falls vs Other Cities

Frequently Asked Questions

Park Falls's cost of living index is 87, where 100 is the national average. That makes Park Falls roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $79,200 and median rent is $713/month.
Park Falls's violent crime rate is 254.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1017.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Park Falls are operated by Chequamegon School District. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 12.3:1. 11.7% of adults 25+ hold a bachelor's degree or higher.
Park Falls, WI has a population of 2,389, a median household income of $43,631, and an unemployment rate of 2.7%. 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.
Park Falls averages 20.2°F in January and 77.6°F in July. Annual rainfall is 34.0 inches with about 57.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Park Falls, WI is covered by 1 ZIP code: 54552.
The population of Park Falls, Wisconsin is 2,389 with a median age of 44.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Park Falls: cost of living index 87 (100 = US average), median home $79,200, median household income $43,631, crime index 60 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Park Falls side by side with your current city to see the trade-offs.