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.
Located in the state of Minnesota, Cannon Falls is a small-sized city with a population of 4,154 inhabitants. If we look at the most recent Census, Cannon Falls is known to have a predominantly White population. The next two most common races are Black and Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Cannon Falls, your commute times will be about average, with a one way commute time of 25 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Cannon Falls, Minnesota could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like commute, education, employment, housing and other key data points, finding the best places to live in Cannon Falls and in the areas around Cannon Falls is a much easier task.
The livability score in Cannon Falls is 72/100 and the city is ranked in the 80th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Cannon Falls has higher than average rankings for the following: crime (A+), cost of living (B+), education (A-), employment (A-) and housing (A+). Cannon Falls does not score well for the following: amenities (F). It might be wise to take a closer look at each category to find out why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Cannon Falls, it boasts a notably low violent crime rate of 143 crimes per 100,000 residents, which significantly outperforms the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Cannon Falls has an unemployment rate of 1.2% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Cannon Falls can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Cannon Falls is actually affordable. Median real estate prices in Cannon Falls come in at $358,510, which is 5.7% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Cannon Falls, the home price to income ratio is 3.6, which is 2.7% 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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