Redwood Falls

Population: 5,075
Median household income: $61,947
Median home value: $162,000

Located in Redwood County, Minnesota, Redwood Falls is a community with a population of 5,075. Its median household income of $61,947 runs below the Redwood County figure of $67,024.

Between 2019 and 2023, Redwood Falls's population grew 1.7% from 4,989 to 5,075, while its median home value rose 55.6% from $104,100 to $162,000.

Households average 2.27 people. The median gross rent is $824.

Demographics

ACS 2019–2023

Population: 5,075
Median age: 43.1 yrs
Median household income: $61,947
Median home value: $162,000
Median gross rent: $824
Housing units: 2,473
Homeownership rate: 70.7%
Bachelor's degree or higher: 22.1%
Unemployment rate: 1.1%

Trends

ACS 5-year · 2019–2023

Population

4,9895,075

Median household income

$51,232$61,947

Median home value

$104,100$162,000

Median gross rent

$730$824

Year	Population	Median household income	Median home value	Median gross rent
2019	4,989	$51,232	$104,100	$730
2020	4,977	$52,418	$125,400	$731
2021	5,099	$57,565	$126,500	$787
2022	5,091	$64,214	$156,300	$833
2023	5,075	$61,947	$162,000	$824

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.0%

5 to 1715.8%

18 to 248.0%

25 to 3411.3%

35 to 4410.6%

45 to 5412.3%

55 to 6411.4%

65 to 7414.0%

75 and over10.6%

	Count	Share
Under 5	306	6.0%
5 to 17	801	15.8%
18 to 24	405	8.0%
25 to 34	574	11.3%
35 to 44	537	10.6%
45 to 54	626	12.3%
55 to 64	577	11.4%
65 to 74	713	14.0%
75 and over	536	10.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,467	88.0%
Black or African American	1	0.0%
American Indian & Alaska Native	139	2.7%
Asian	8	0.2%
Native Hawaiian & Pacific Islander	9	0.2%
Some other race	0	0.0%
Two or more races	232	4.6%
Hispanic or Latino (any race)	219	4.3%

Educational attainment (age 25+)

No high school diploma7.6%

High school graduate38.5%

Some college or associate's31.8%

Bachelor's degree14.2%

Graduate or professional degree7.9%

	Count	Share
No high school diploma	272	7.6%
High school graduate	1,370	38.5%
Some college or associate's	1,132	31.8%
Bachelor's degree	506	14.2%
Graduate or professional degree	283	7.9%

Commute to work

Mean travel time to work: 12 min

Drove alone84.8%

Carpooled3.1%

Public transit1.9%

Walked2.1%

Bicycle0.0%

Worked from home5.9%

Other means2.2%

How workers get to work

	Count	Share
Drove alone	1,986	84.8%
Carpooled	73	3.1%
Public transit	45	1.9%
Walked	49	2.1%
Bicycle	0	0.0%
Worked from home	138	5.9%
Other means	51	2.2%

Travel time

	Count	Share
Under 15 min	1,590	72.1%
15 to 29 min	441	20.0%
30 to 44 min	114	5.2%
45 to 59 min	20	0.9%
60+ min	39	1.8%

Households

Average household size: 2.27
Poverty rate: 15.2% (754 of 4,951)

	Count	Share
Family households	1,261	58.7%
Nonfamily households	888	41.3%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	2,149	86.9%
Vacant	324	13.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,519	70.7%
Renter-occupied	630	29.3%

1-unit, detached66.0%

1-unit, attached8.7%

2 to 4 units4.7%

5 to 19 units5.2%

20 or more units7.0%

Mobile home & other8.5%

Units in structure

	Count	Share
1-unit, detached	1,631	66.0%
1-unit, attached	215	8.7%
2 to 4 units	116	4.7%
5 to 19 units	128	5.2%
20 or more units	174	7.0%
Mobile home & other	209	8.5%

Geography

Place GEOID: 2753656
Type (LSAD): 25
Land area: 5.28 sq mi
Water area: 0.12 sq mi
Center point: 44.5471, -95.1026