Cannon Falls is a city located in Goodhue County Minnesota. With a 2020 population of 4,034, it is the 175th largest city in Minnesota and the 5388th largest city in the United States . Cannon Falls is currently declining at a rate of -0.20% annually and its population has decreased by -1.20% since the most recent census, which recorded a population of 4,083 in 2010. Cannon Falls reached it's highest population of 4,084 in 2010. Spanning over 5 miles, Cannon Falls has a population density of 900 people per square mile.
The average household income in Cannon Falls is $80,806 with a poverty rate of 7.49%. The median rental costs in recent years comes to $890 per month, and the median house value is $177,900. The median age in Cannon Falls is 37.8 years, 38.2 years for males, and 37.5 years for females.