The Town FilesPark Falls, Wisconsin
City in Price County · population 2,410 (2020 Census)
- Median home
- $84,800
- Household income
- $54,643
- Jan low / Jul high
- 2° / 78°
- Tornadoes ≤10 mi since 1950
- 6
- Median age
- 47.0
Park Falls is a city of 2,410 people in Price County, Wisconsin. The median home is worth $84,800, below the typical Wisconsin town ($256,000). It ranks hipper than 96% of Wisconsin towns, better for first-time buyers than 95% of Wisconsin towns, more vibrant than 81% of Wisconsin towns.
How Park Falls ranks
Percentile among Wisconsin towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Wisconsin towns.
Homes and cost of living
The median home in Park Falls is worth $84,800, below the typical Wisconsin town ($256,000). Homes cost about 1.6 times the median household income of $54,643, which is more affordable than 99% of Wisconsin towns. Median rent is $832 a month. 66.7% of households own their home.
| Housing | Park Falls | Typical Wisconsin town |
|---|---|---|
| Median home value | $84,800 | $256,000 |
| Median rent | $832 | $951 |
| Median household income | $54,643 | $82,217 |
| Home value ÷ income | 1.6× | 3.1× |
| Homeownership | 66.7% | 86.8% |
| Median year built | 1957 | 1978 |
| Seasonal / vacation homes | 4.1% | — |
Who lives in Park Falls
| People | Park Falls | Typical Wisconsin town |
|---|---|---|
| Median age | 47.0 | 45.1 |
| Age 65 and over | 25.3% | 21.0% |
| Under 18 | 22.0% | — |
| Bachelor's degree or higher | 14.9% | 23.8% |
| Below the poverty line | 21.9% | 7.2% |
| Veterans | 8.2% | — |
| Born outside the U.S. | 1.6% | — |
| Work from home | 9.3% | 10.9% |
| Average commute | 22.4 min | 24.6 min |
| Homes with broadband | 84.6% | 89.1% |
Weather in Park Falls
July highs average 77.6°F and January lows 2.2°F. About 34.0 inches of rain and melted snow fall a year. Expect about 2 days a year at 90°F or hotter and 185 nights at or below freezing.
Tornadoes, storms and disasters
6 tornadoes have passed within 10 miles of Park Falls since 1950, compared with 15 for the typical Wisconsin town. 2 rated (E)F2 or stronger. The strongest, an F3, struck on June 8, 1985 about 0.9 miles from the town center. The most recent was on October 8, 2007.
Hail of 1 inch or larger has been reported within 10 miles 28 times; the largest was 2.25 inches on June 5, 2005.
Severe weather in Price County since 1996
Price County has been included in 8 federal disaster or emergency declarations since 1953, most often for flood, drought, tornado.
| Declared | Incident | Declaration |
|---|---|---|
| April 4, 2020 | Biological | DR-4520: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3454: Covid-19 |
| September 13, 2005 | Hurricane | EM-3249: Hurricane Katrina Evacuation |
| September 10, 2002 | Tornado | DR-1432: Severe Storms, Tornadoes And Flooding |
| August 16, 1999 | Flood | DR-1284: Wi-Flood-07/20/99 |
Jobs and pay in Price County
Price County had 4,876 jobs in 2024, paying an average of $48,882 a year. Unemployment was 3.4% in 2023; in Park Falls itself the ACS puts it at 1.1%.
Public schools in Park Falls
3 public schools with 498 students, about 13.5 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| Park Falls Elementary | PK-5 | 285 | 13.6 |
| Chequamegon High | 9-12 | 213 | 14.2 |
| Class ACT Charter (charter) | 9-12 | — | — |
Towns near Park Falls
- Lake, WI5.8 mi · 1,106 people · home $222,300
- Eisenstein, WI6.8 mi · 625 people · home $194,500
- Fifield, WI11.9 mi · 905 people · home $204,500
- Worcester, WI15.1 mi · 1,543 people · home $240,900
- Jacobs, WI16.3 mi · 648 people · home $99,100
- Phillips, WI16.9 mi · 1,533 people · home $103,300
- Elk, WI18.4 mi · 960 people · home $246,200
- Mercer, WI21.1 mi · 1,649 people · home $287,100
Park Falls questions
Is Park Falls, Wisconsin a good place to retire?
On The Town Files lifestyle rankings, Park Falls scores better for retirees than 56% of Wisconsin towns and quieter than 30%. 25.3% of residents are 65 or older (median age 47.0).
How much does a house cost in Park Falls?
The median owner-occupied home in Park Falls is valued at $84,800 (Census ACS 2020–2024), against a median household income of $54,643, so homes cost about 1.6 times income. Median rent is $832 a month.
What is the weather like in Park Falls?
July highs average 77.6°F and January lows 2.2°F (NOAA 1991–2020 normals). It gets about 34.0 inches of precipitation a year.
Does Park Falls get tornadoes?
6 tornadoes have passed within 10 miles of Park Falls since 1950 (NOAA Storm Events); the strongest was a F3 on June 8, 1985. The typical Wisconsin town has had 15.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)