Redwood Falls
Redwood Falls has lower-than-average household income, with a median household income of $52,418. Population has declined 7% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $125,400. Households here earn about 29% less than the Minnesota median.
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How many people live in Redwood Falls, Minnesota?
Redwood Falls, Minnesota has about 5,102 residents according to the 2020 American Community Survey.
What is the median household income in Redwood Falls, Minnesota?
The typical household in Redwood Falls, Minnesota earns about $52,418 a year. Half of households make more than that, and half make less.
Is Redwood Falls, Minnesota expensive?
In Redwood Falls, Minnesota, the median home is worth about $125,400, and the typical rent is about $731 a month.
How educated are people in Redwood Falls, Minnesota?
About 20.0% of adults age 25 and over in Redwood Falls, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Redwood Falls, Minnesota?
About 11.9% of people in Redwood Falls, Minnesota live below the federal poverty line.
Has Redwood Falls, Minnesota grown since 1990?
Yes, Redwood Falls, Minnesota has grown since 1990. The population has added about 243 residents, a change of about 5 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024