Red Lake Falls, MN

Full City Profile · Minnesota · Red Lake County County

3.9 /5.0
B+ Good
1,267 Population 603/sq mi density
$63,929 Median Income $35,806 per capita
$132,300 Home Value $209,405 Zillow
$568 Median Rent 21.6% income on rent
40°F Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,929 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$132,300 home value, $568/mo rent
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher

Income Overview

Median Household Income
$63,929
15% below
US avg: $75,149
Per Capita Income
$35,806
8% below
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
2.6%
79% below
US avg: 12.4%

Income Comparison: Red Lake Falls vs. U.S. Average

Each bar shows Red Lake Falls’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$63,929
85%
Per Capita
US: $39,052
$35,806
92%
IRS Avg AGI
US: $72,000
$66,613
93%
Avg Weekly Wage
US: $1,432
$858
60%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$858
40% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
9.7%
36% below US avg (15.2%)
Drive Alone
68.8%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$248M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68.8%
Public Transit 0%
Work From Home 9.7%
Other 21.5%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
126
Restaurants
13
Healthcare
5
Retail
17

Tax & Financial

IRS Avg Adjusted Gross Income
$66,613
7% below US avg ($72,000)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$63,929
Per Capita Income$35,806
IRS Avg Adjusted Gross Income$66,613
Avg Weekly Wage$858
County GDP$248M

Hardship Indicators

Unemployment Rate1.9%
Poverty Rate2.6%
Gini Coefficient0.401
Cost of Living Index98.6

Commute

Mean Commute23 minutes
Drive Alone68.8%
Public Transit0.0%
Work From Home9.7%

Businesses

Total Establishments126
Restaurants13
Healthcare5
Retail17

Tax

IRS Avg AGI$66,613