Living in Fergus Falls, Minnesota
Cost of living, income, home prices, rent and demographics of Fergus Falls · Census data 2020–2024
Fergus Falls has 14,181 residents with a median age of 43.3. The median household income is $56,162 (37% lower than the Minnesota median), the median home value is $194,000, the median rent is $911/month.
Fergus Falls at a glance
- Population
- 14,181
- Median age
- 43.3State: 38.8
- Median household income
- $56,162State: $89,062
- Median home value
- $194,000State: $329,300
- Median rent
- $911/moState: $1,280
- Homeowners
- 64.1%
- Bachelor's degree or higher
- 29.3%
- Average commute
- 13 min
Is Fergus Falls a good place to live?
Pros: Home values 41% lower than the state median; an average commute of 13 minutes; a poverty rate of 9.1%.
Cons: Median household income 37% lower than the Minnesota median; unemployment of 7.2%.
The weather is best in June to September.
Cost of living in Fergus Falls
Housing is the biggest part of the cost of living. In Fergus Falls the median home value is $194,000, 42% lower than the U.S. median. Renters pay a median of $911 per month, which is 28.7% of household income. Homeowners with a mortgage pay $1,260 a month in housing costs.
Fergus Falls median household income
The median household income in Fergus Falls is $56,162 and the income per person is $34,864. 9.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Fergus Falls: homes for sale and rent
- Housing units
- 7,072
- Owner-occupied
- 64.1%
- Renter-occupied
- 35.9%
- Vacant
- 8.6%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.07
Fergus Falls demographics
- Population
- 14,181
- Median age
- 43.3
- Under 18
- 19.6%
- 65 and older
- 25.8%
- Households
- 6,465
- Foreign-born
- 2%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Fergus Falls ›
Education in Fergus Falls
29.3% of adults 25 and older in Fergus Falls have a bachelor's degree or higher (Minnesota: 39.4%), and 10.4% have a graduate or professional degree.
Jobs and commute in Fergus Falls
- Unemployment rate
- 7.2%State: 4.1%
- Average commute
- 13 minState: 23 min
- Work from home
- 7.3%
- Drive alone
- 74.2%
- Public transit
- 2.7%
- Walk to work
- 3.9%
- Homes with broadband
- 84.1%
Fergus Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fergus Falls | 14,181 | $56,162 | $194,000 | $911 |
| Elizabeth | 122 | $63,333 | $117,500 | — |
| Underwood | 461 | $75,000 | $187,500 | $925 |
| Dalton | 223 | $68,659 | $106,800 | $755 |
| Foxhome | 110 | $78,125 | $86,300 | — |
| Erhard | 154 | $63,125 | $95,000 | — |
| Rothsay | 454 | $86,250 | $153,400 | $775 |
| Battle Lake | 786 | $59,375 | $257,600 | $1,052 |
| Wendell | 186 | $61,250 | $82,500 | $743 |
More for people moving to Fergus Falls
Fergus Falls ZIP code ›Weather and climate ›Living in Fergus Falls: FAQ
What is the median household income in Fergus Falls, MN?
The median household income in Fergus Falls is $56,162, 37% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fergus Falls?
The median home value in Fergus Falls is $194,000, compared with $329,300 in Minnesota.
How much is rent in Fergus Falls?
The median gross rent in Fergus Falls is $911 per month, about 28.7% of household income.
Is Fergus Falls, MN a good place to live?
Pluses: home values 41% lower than the state median; an average commute of 13 minutes; a poverty rate of 9.1%. Minuses: median household income 37% lower than the Minnesota median; unemployment of 7.2%.
What is the median age in Fergus Falls?
The median age in Fergus Falls is 43.3 years (Minnesota: 38.8).
How long is the commute in Fergus Falls?
The average commute to work in Fergus Falls is 13 minutes; 7.3% of workers work from home.
What is the unemployment rate in Fergus Falls?
The unemployment rate in Fergus Falls is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fergus Falls?
29.3% of adults in Fergus Falls have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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