What is the median home price in Fergus Falls?

The median home price in Fergus Falls, Fergus Falls city, Minnesota is $165,200, which is 41% below the national average of 281,900 ($281,900).

Is Fergus Falls safe?

Fergus Falls, Fergus Falls city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the Walk Score for Fergus Falls?

Fergus Falls, Fergus Falls city, Minnesota has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 26/100.

What is the median household income in Fergus Falls?

The median household income in Fergus Falls, Fergus Falls city, Minnesota is $48,738, which is 35% below the national average of 74,580 ($74,580).

What is the average rent in Fergus Falls?

The median rent in Fergus Falls, Fergus Falls city, Minnesota is $850 per month. The national average median rent is $1,163/month.

What is the air quality in Fergus Falls?

Fergus Falls, Fergus Falls city, Minnesota has an Air Quality Index (AQI) of 38, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Fergus Falls?

The population of Fergus Falls, Fergus Falls city, Minnesota is approximately 14,108. The homeownership rate is 84.0% (national average: 65.9%).

What are the climate risks in Fergus Falls?

Fergus Falls, Fergus Falls city, Minnesota has an overall climate risk rating of "Relatively Moderate" with a risk score of 77.17. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Fergus Falls affordable?

Fergus Falls, Fergus Falls city, Minnesota has an affordability index of 171, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.1¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Fergus Falls?

The unemployment rate in Fergus Falls, Fergus Falls city, Minnesota is 6.9%. The national average unemployment rate is 3.7%. The poverty rate is 9.2% (national average: 12.4%).

Fergus Falls

Fergus Falls city, Minnesota

Affordable

About Fergus Falls

Fergus Falls, Minnesota, offers a refreshing escape from the hustle of larger metropolitan areas, especially if you're seeking affordability and a close-knit community. With a population just over 14,000, this charming city provides a tranquil lifestyle where the median home value hovers around $165,200, significantly below the national average. This affordability, coupled with a slower pace of life, creates an appealing environment for those looking to stretch their dollars and enjoy the simple pleasures of life. You'll find a welcoming atmosphere centered around local businesses and outdoor recreation, making it an ideal spot for individuals and families alike who value a strong sense of place.

From an investment perspective, Fergus Falls presents a compelling opportunity. While the median household income of $48,738 is lower than the national average, the lower cost of living provides a favorable balance. The housing market, with its accessible price points, is particularly attractive for first-time homebuyers or those looking to downsize. While I don't have specifics on unemployment or walkability, the city's overall safety and community-oriented atmosphere make it a solid choice for those seeking a stable, budget-friendly lifestyle. This is a place where you can truly put down roots and build a comfortable life.

Fergus Falls, Minnesota at a Glance

Fergus Falls is a city in Fergus Falls city, Minnesota with a population of approximately 14,108. The median home value is $165,200 and the median household income is $48,738. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $850 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.