Quick facts: River falls, WI

Quick Facts

100.2
Cost of Living
above US average
16,609
Population
6.8
Crime Rate per 1000
below US average
$72,247
Median Income
below US average
$399,999
Median House Price
above US average
$1721.38
Average Rent
above US average
7%
Poverty Rate
below US average
2.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $72,247.

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Income Needed to Buy

βœ— Stretch
$125k/year
Based on $399,999 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $125k vs median $72,247
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Income Needed to Rent

⚠ Stretch
$74k/year
Based on $1721.38/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $74k vs median $72,247
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for River falls, WI

River Falls is a charming city located in Pierce and St. Croix counties in Wisconsin, approximately 30 miles southeast of St. Paul, Minnesota. Nestled on the scenic Kinnickinnic River, this vibrant community is known for its picturesque landscapes and small-town feel, making it an attractive destination for outdoor enthusiasts and families alike. The city's rich history dates back to the mid-19th century, which is reflected in its historic downtown area featuring a mix of quaint shops, local eateries, and cultural attractions. River Falls is home to the University of Wisconsin-River Falls, a significant contributor to the local culture and economy, offering a variety of educational programs and community events. Outdoor activities abound, with numerous parks, hiking trails, and the nearby Kinnickinnic State Park providing opportunities for fishing, camping, and hiking. The city's commitment to preserving its natural beauty and promoting sustainability is evident in its parks and recreational facilities. River Falls also hosts several annual events and festivals that celebrate local culture, arts, and agriculture. Overall, River Falls serves as a welcoming community offering a blend of education, outdoor recreation, and a rich cultural heritage.

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