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International Falls

Learn about the people, housing, costs and businesses in International Falls, Minnesota

Median Home$134,662
Median Rent$598/month
Population5,857
Leading IndustriesProfessional Services · Retail4% professional services
Home Value Growth⬆⬆+12.3% over 2 years
Retirees25% of residentsabove average nationally
Homeowners76% of occupied units
NotableTransit94/100 · excellent transit access
NotableAmenity Score81/100 · highly walkable area
International Falls
MN

Explore International Falls

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in International Falls?

As of today, the 30-year fixed mortgage rate for International Falls is approximately 7.267% (7.317% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in International Falls?

The median home value in International Falls is $135k. The median monthly rent is $598. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in International Falls?

Home values in International Falls have increased 12.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in International Falls?

Based on a typical all-in ownership cost of $713/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in International Falls is $66k/year.

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What industries drive the economy in International Falls?

The largest employment sectors in International Falls are retail (21%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.