Redwood Falls, MN demographics:
population, income, and more

Total population
5,068
-0.1% year-over-year change
Median household income
$61,750/yr
-0.3% year-over-year change
Housing units
2,500
1.1% year-over-year change

Redwood Falls population

How many people live in Redwood Falls

Redwood Falls is home to 5,068 residents, according to the most recent Census data. Gender-wise, 49% of Redwood Falls locals are male, and 51% are female.

Total population
5,068
-0.1% year-over-year change
Gender ratio
Male
49%
2,481
Female
51%
2,587
Value Percent YoY change
Male 2,481 49% 1.7%
Female 2,587 51% -1.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Redwood Falls is 43, with the population distributed as follows: about 18.7% are children under 15, then 11% are in the 15 to 24 age group. Adults between 25 and 44 make up 21.8% of the population, while another 24.1% fall into the 45 to 64 bracket. Finally, around 24.4% are 65 or older.

Median age
43.2
Age breakdown
Under 15
18.7%
15 to 24
11%
25 to 44
21.8%
45 to 64
24.1%
Over 65
24.4%
Value Percent YoY change
Under 15 947 18.7% -1.0%
15 to 24 559 11% 0.7%
25 to 44 1,105 21.8% -0.5%
45 to 64 1,220 24.1% 1.4%
Over 65 1,237 24.4% -1.0%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Redwood Falls, 98.8% of the population are US-born citizens, while 0.7% have gained naturalized citizenship. At the same time, 0.5% of residents are non-citizens. Another 2.7% are Indigenous American, 0.1% are Pacific Islanders, while 2.7% identify as another race. There’s also a share of 4.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.8%
Non-U.S.-born citizens
0.7%
Non-citizens
0.5%
Value Percent YoY change
U.S.-born citizens 5,009 98.8% -0.1%
Non-U.S.-born citizens 35 0.7% -2.8%
Non-citizens 24 0.5% 0.0%
Racial breakdown
White
89.5%
Black or African American
0%
American Indian and Alaska Native
2.7%
Asian
0%
Native Hawaiian and other Pacific Islander
0.1%
Two or more races
4.9%
Other
2.7%
Value Percent
White 4,535 89.5%
Black or African American 1 0%
American Indian and Alaska Native 136 2.7%
Asian 2 0%
Native Hawaiian and other Pacific Islander 7 0.1%
Two or more races 249 4.9%
Other 138 2.7%

Households in Redwood Falls

A peek inside Redwood Falls households

Redwood Falls has 2,197 households, with an average of 2 members in each. Of these, 57.1% are families, while the remaining 42.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,197
2.2% year-over-year change
Average people per household
2
Non-family households
943
Family households
1,254
Value Percent YoY change
Non-family households 943 42.9% 6.2%
Family households 1,254 57.1% -0.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Redwood Falls

The housing landscape of Redwood Falls

Redwood Falls's housing consists of 2,500 units, with 62.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 7.6% of the housing landscape.

Housing units
2,500
1.1% year-over-year change
Housing types
Value Percent
1 unit, detached 1,563 62.5%
1 unit, attached 199 8%
2 units 2 0.1%
3 or 4 units 126 5%
5 to 9 units 77 3.1%
10 to 19 units 135 5.4%
20 to 49 units 141 5.6%
50 or more units 67 2.7%
Mobile home 190 7.6%
Homes built since 2020
18
0.0% year-over-year change

The age of buildings in Redwood Falls

In Redwood Falls, the median construction year is 1973. About 17.6% of homes were built before the 1940s, with another 6.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 4.8% of homes were added from 2000 to 2009, 5.6% between 2010 and 2019, and 0.7% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 439 17.6% -4.6%
Built between 1940 and 1949 162 6.5% -18.6%
Built between 1950 and 1959 248 9.9% -11.4%
Built between 1960 and 1969 246 9.8% 16.6%
Built between 1970 and 1979 519 20.8% 17.7%
Built between 1980 and 1989 263 10.5% -19.3%
Built between 1990 and 1999 344 13.8% -2.5%
Built between 2000 and 2009 121 4.8% 30.1%
Built between 2010 and 2019 140 5.6% 52.2%
Built in 2020 or later 18 0.7% 0.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Redwood Falls occupancy rates

Out of the 2,197 occupied housing units in Redwood Falls, 68.3% are owner-occupied, while 31.7% are lived in by tenants. Meanwhile, 12.1% of all homes on the local market sit vacant.

Occupied housing units
2,197
2.2% year-over-year change
Occupancy breakdown
Renter occupied
696
Owner occupied
1,501
Value Percent YoY
change
Renter occupied 696 31.7% 10.5%
Owner occupied 1,501 68.3% -1.2%
Unoccupied housing units
12.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Redwood Falls housing costs

Housing costs in Redwood Falls come to a median of $850 per month, while tenants specifically pay a median gross rent of $832.

Median housing costs per month
$850/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Redwood Falls
$832/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Redwood Falls

Redwood Falls education at a glance

About 44% of the population in Redwood Falls went to high school, while 19.8% pursued college studies. Another 10.1% earned an associate degree and 16.8% hold a bachelor’s. Meanwhile, 7.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 77 2% -24.5%
High school diploma 1,732 44% -1.6%
College diploma 781 19.8% -5.6%
Associate degree 398 10.1% 0.2%
Bachelor's degree 660 16.8% 10.2%
Graduate degree 288 7.3% 1.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Redwood Falls

How much people earn in Redwood Falls

The average annual household income in Redwood Falls was $75,651 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3% change from the previous year. At the same time, the median income stood at $61,750, reflecting a -0.3% shift over the same period.

Average household income in Redwood Falls
$75,651/year
3.0% year-over-year change
Median household income in Redwood Falls
$61,750/year
-0.3% year-over-year change

Redwood Falls income by age

In Redwood Falls, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $88,786. Those with someone between 45 and 64 in charge, often well established professionally, earn $66,316 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $73,362, while those led by someone over 65, many of whom may be retired, have about $45,525 in earnings. Overall, 82.6% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $73,362 N/A
25 - 44 $88,786 12.6%
45 - 64 $66,316 -1.7%
Over 65 $45,525 -1.2%
Above poverty level
4,055
Below poverty level
852
Value Percent YoY
change
Above poverty level 4,055 82.6% -2.5%
Below poverty level 852 17.4% 13.0%

Average renter income in Redwood Falls

To get a better sense of what renters earn on average in Redwood Falls, their median household income was $36,384 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 27.4%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$36,384
Rent-to-income ratio
27.4%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Redwood Falls

Workforce and job types in Redwood Falls

The job market in Redwood Falls is powered by 2,231 working residents, spread across a range of industries and roles. 70.5% of the working population are employed in professional or administrative positions, while 29.5% are in hands-on or service-based jobs. Also, 6.2% run their own businesses, 65.2% are employed by private companies, and 21.1% work in the public sector.

Workforce demographics

Working population
2,231
-6.9% year-over-year change
White collar
1,573
Blue collar
658
Value Percent YoY change
White collar 1,573 70.5% -2.0%
Blue collar 658 29.5% -16.7%
Employer type
Self employees
6.2%
Private companies
65.2%
Governmental workers
21.1%
Not for profit companies
7.5%
Value Percent YoY change
Self employees 139 6.2% -35.9%
Private companies 1,455 65.2% -3.0%
Governmental workers 470 21.1% -0.2%
Not for profit companies 167 7.5% -19.7%
Unemployment rate
3.3%
185.2% year-over-year change

Available workforce

The unemployment rate in Redwood Falls stands at 3.3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Redwood Falls

How people get around in Redwood Falls

Commuting methods vary: 88% of residents travel by personal vehicle and 3.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,926 88% -6.5%
Bus or trolleybus 45 2% 0.0%
Motorcycle 8 0.4% 0.0%
Walk 84 3.8% 71.4%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Redwood Falls by zipcode?

Zipcode Population Number of households Median income Average income
56283 6,481 2,732 $66,352 $84,700

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FAQs about Redwood Falls demographics 

What is the total population of Redwood Falls?

Redwood Falls has a total population of 5,068 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.1% compared to a year ago.

What is the gender ratio in Redwood Falls?

The gender ratio in Redwood Falls is as follows:
  • 49% males (2,481 residents)
  • 51% females (2,587 residents)

What is the median age in Redwood Falls?

The median age in Redwood Falls is 43.2.

What is the age distribution of the population in Redwood Falls?

The age distribution in Redwood Falls is as follows:
  • Under 15: 18.7% (947 residents)
  • Ages 15-24: 11% (559 residents)
  • Ages 25-44: 21.8% (1,105 residents)
  • Ages 45-64: 24.1% (1,220 residents)
  • Over 65: 24.4% (1,237 residents)

What is the racial and ethnic makeup of Redwood Falls?

The racial and ethnic makeup of Redwood Falls is as follows:
  • White: 89.5% (4,535 residents)
  • Black or African American: 0% (1 residents)
  • American Indian and Alaska Native: 2.7% (136 residents)
  • Asian: 0% (2 residents)
  • Native Hawaiian and Other Pacific Islander: 0.1% (7 residents)
  • Two or More Races: 4.9% (249 residents)
  • Other: 2.7% (138 residents)

What percentage of the population in Redwood Falls are U.S.-born citizens?

U.S.-born citizens represent 98.8% of the population in Redwood Falls.

How many housing units are there in Redwood Falls?

There are 2,500 housing units in Redwood Falls, reflecting a +1.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Redwood Falls and what is the average household size?

Redwood Falls has a total of 2,197 households, with an average of 2 people in each.

What is the median household income in Redwood Falls?

Redwood Falls has a median household income of $61,750, representing a -0.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Redwood Falls?

The employment rate is 96.7% in Redwood Falls, with a workforce of 2,231 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 70.5% (1,573 residents)
  • Blue-collar workers: 29.5% (658 residents)

Places of employment:
  • Self-employed: 6.2% (139 residents)
  • Private companies: 65.2% (1,455 residents)
  • Governmental workers: 21.1% (470 residents)
  • Not-for-profit companies: 7.5% (167 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025