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
Top Industries in Red Lake Falls (3)
County-level employment data (BLS QCEW). Sorted by employment.
Retail Trade
117 jobs
14 firms
$27,846/yr
Transportation & Warehousing
76 jobs
9 firms
$70,547/yr
Professional & Technical Services
17 jobs
6 firms
$40,934/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Transportation & Warehousing
1.82
Retail Trade
1.19
Professional & Technical Services
0.25
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Retail Trade | 117 | 14 | $535 | $27,846 | 1.19 |
| Transportation & Warehousing | 76 | 9 | $1,357 | $70,547 | 1.82 |
| Professional & Technical Services | 17 | 6 | $787 | $40,934 | 0.25 |