Redwood Falls, Minnesota

US Census Bureau ACS 5-Year Estimates ยท 2022

MN

Redwood Falls Demographics Overview

Total Population
5,091
ACS 2022 estimate
Median Household Income
$64,214
Annual household income
โ–ผ 14% vs US avg
Median Home Value
$156,300
Owner-occupied homes
โ–ผ 45% vs US avg
Median Gross Rent
$833
Monthly rent (incl. utilities)
โ–ผ 28% vs US avg
Median Age
39.9 years
Median age of residents
โ–ฒ 3% vs US avg

Income & Economy

Median Household Income
$64,214
US avg: $74,580
vs. National Median-13.9%

Housing

Median Home Value
$156,300
US avg: $281,900
Median Gross Rent
$833/mo
US avg: $1,163/mo
Rent vs. National Avg-28.4%

Population

Total Population5,091
Median Age
39.9 years
US avg: 38.9 yrs

Data Source

Data for Redwood Falls comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Redwood Falls, MN โ€” Frequently Asked Questions

Common questions about Redwood Falls demographics

What is the population of Redwood Falls, Minnesota?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Redwood Falls, Minnesota is 5,091.

What is the median household income in Redwood Falls?

The median household income in Redwood Falls, Minnesota is $64,214 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Redwood Falls?

Key cost indicators for Redwood Falls, Minnesota:. Median home value: $156,300. Median gross rent: $833/month. Median household income: $64,214/year

What is the median home value in Redwood Falls?

The median home value in Redwood Falls, Minnesota is $156,300, compared to the national median of approximately $281,900.

What is the average age in Redwood Falls?

The median age in Redwood Falls, Minnesota is 39.9 years, compared to the US national median age of approximately 38.9 years.

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Redwood Falls, MN Demographics - Population, Income & Housing (2022)