Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Cannon Falls is a small city located in the state of Minnesota. The city has a population of 4,053 inhabitants. According to the most recent Census, 98% of Cannon Falls residents are White, 0% Black and 0% Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Cannon Falls your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to decide if living in Cannon Falls is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Minnesota, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Cannon Falls and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Minnesota and national averages.
With a livability score of 70 out of 100, Cannon Falls is ranked #6,400 in the United States and #261 in Minnesota. There are nine total categories that form the livability score. Cannon Falls scores well for crime (A+), cost of living (B-), education (A-), employment (A-) and housing (A+) Cannon Falls does not fare well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Cannon Falls has a violent crime rate of 23 crimes per 100,000 residents which is far lower than the national average.
The unemployment rate in Cannon Falls has consistently declined over the years and currently stands well below the national average at 1.15%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Cannon Falls market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Cannon Falls meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Cannon Falls. Everything else becomes a lot less important if it turns out that home prices in Cannon Falls are simply unattainable. The median home price for Cannon Falls homes is $195,000, which is 1.8% higher than the Minnesota average. If we take a closer look at the affordability of homes in Cannon Falls, we’ll see that the home price to income ratio is 3, which is 0% lower than the Minnesota average.
| Statistic | Cannon Falls | Minnesota | National |
| Average one way commute | 25min | 23min | 26min |
| Workers who drive to work | 84.9% | 78.0% | 76.4% |
| Workers who carpool | 5.1% | 8.7% | 9.3% |
| Workers who take public transit | 1.2% | 3.5% | 5.1% |
| Workers who bicycle | 0.5% | 0.8% | 0.6% |
| Workers who walk | 3.0% | 2.8% | 2.8% |
| Working from home | 4.7% | 5.3% | 4.6% |
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