All Countries
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
Income Overview
Median Household Income
$61,947
18% below
US avg: $75,149
Per Capita Income
$31,870
18% below
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
11.2%
10% below
US avg: 12.4%
Income Comparison: Redwood Falls vs. U.S. Average
Each bar shows Redwood Falls’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$61,947
82%
Per Capita
US: $39,052
$31,870
82%
IRS Avg AGI
US: $72,000
$72,533
101%
Avg Weekly Wage
US: $1,432
$1,028
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,028
28% below US avg ($1,432)
Mean Commute Time
12 min
56% below US avg (28 min)
Work From Home
5.9%
61% below US avg (15.2%)
Drive Alone
84.8%
16% above US avg (73.2%)
Public Transit
1.9%
62% below US avg (5.0%)
County GDP
$1,490M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.8%
Public Transit
1.9%
Work From Home
5.9%
Other
7.4%
Average commute time
12 minutes
US avg: 28 min
Business Landscape
Total Establishments
592
Restaurants
33
Healthcare
56
Retail
58
Manufacturing
33
Tax & Financial
IRS Avg Adjusted Gross Income
$72,533
1% above US avg ($72,000)
Avg Property Tax
$3,426
2% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $61,947 |
| Per Capita Income | $31,870 |
| IRS Avg Adjusted Gross Income | $72,533 |
| Avg Weekly Wage | $1,028 |
| County GDP | $1,490M |
Hardship Indicators
| Unemployment Rate | 0.7% |
| Poverty Rate | 11.2% |
| Gini Coefficient | 0.420 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 12 minutes |
| Drive Alone | 84.8% |
| Public Transit | 1.9% |
| Work From Home | 5.9% |
Businesses
| Total Establishments | 592 |
| Restaurants | 33 |
| Healthcare | 56 |
| Retail | 58 |
| Manufacturing | 33 |
Tax
| IRS Avg AGI | $72,533 |
| Avg Property Tax | $3,426 |