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Redwood Falls, MN

Full City Profile · Minnesota · Redwood County County

3.2 /5.0
B Good
5,075 Population 961/sq mi density
$61,947 Median Income $31,870 per capita
$162,000 Home Value $167,023 Zillow
$824 Median Rent 27.5% income on rent
45°F Avg Temperature 270 sunny days/yr
242 Violent Crime/100K 2,888 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$61,947 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$162,000 home value, $824/mo rent
F
Safety
1.0 / 5.0
242 violent crimes/100K
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher

Redwood Falls, MN

At a Glance

Median Income
$61,947
18% below
$31,870 per capita
Home Value
$162,000
43% below
Zillow: $167,023
Median Rent
$824/mo
29% below
27.5% of income on rent
Violent Crime
242/100K
36% below
2,888/100K property
Bachelor's Degree+
22.1%
34% below
92.4% high school+
Unemployment
0.7%
81% below
11.2% poverty rate
Obesity Rate
37.8%
18% above
18.0% smoking rate
Avg Temperature
45°F
270 sunny days/yr

How Redwood Falls Compares to the U.S. Average

Each bar shows Redwood Falls's value as a percentage of the national average (100% = U.S. avg)

Income
82%
Home Value
57%
Rent
71%
Poverty
90%
Bachelor's
66%
Unemployment
19%
Crime
64%
Thin vertical line = U.S. national average (100%)

Is Redwood Falls a Good Place to Live?

B
3.2 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Redwood Falls residents earn a median household income of $61,947 , which is 18% below the national average of $75,149. Per capita income is $31,870. The unemployment rate stands at 0.7% (81% below the U.S. rate of 3.6%). 11.2% of residents live below the poverty line. The area is home to 592 business establishments, including 33 restaurants.

Housing & Cost of Living

The median home value in Redwood Falls is $162,000 , 43% below the national median of $281,900. Zillow estimates the typical home at $167,023. Median rent is $824/month, with 27.5% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1971.

Safety & Crime

Redwood Falls reports 242 violent crimes per 100,000 residents , which is 36% below the national average of 380/100K. Property crime is 2,888/100K. The murder rate is 0.0/100K.

Education

22.1% of adults in Redwood Falls hold a bachelor's degree or higher (34% below the national average). 92.4% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Redwood Falls has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. The area gets 270 sunny days per year. Annual precipitation totals 30.9 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population5,075
Median Age43.1 yrs
Density961/mi²
Male / Female48% / 52%
Foreign Born13.6%
Veterans3.9%

Economy

B+
Median Income$61,947
Per Capita$31,870
Unemployment0.7%
Poverty11.2%
County GDP$1,490M
Avg Weekly Wage$1,028

Housing

A+
Home Value$162,000
Rent$824
Ownership70.7%
Zillow$167,023
Housing Units2,460
Rent Burden27.5%

Crime

F
Violent242/100K
Property2,888/100K
Murder0.0/100K
Assault182/100K
Burglary303/100K

Health

Obesity37.8%
Diabetes10.3%
Smoking18.0%
Heart Disease5.8%
Premature Death6,747/100K

Climate

Avg Temp45°F
Sunny Days270/yr
Rain30.9 in/yr
AQI36 (Good)
Elevation1,024 ft

Education

C+
Bachelor's+22.1%
High School+92.4%
Graduate+6.2%
School Score6.0/10

Community

2024 VoteR 71% / D 28%
Commute12 min
Broadband87.6%
Internet Speed47 Mbps
EV Stations2
Libraries4

Did You Know?

The median home in Redwood Falls was built in 1971.
The nearest airport is Southwest Minnesota Regional Marshall/Ryan Field (36 miles).
The Gini coefficient (income inequality) is 0.420 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
12.7% of the population has a disability.
13.6% of residents are foreign-born.