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Red Lake Falls, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Red Lake Falls, Minnesota had a total population of 1,348, the 320th largest city in Minnesota, with a median household income of $64,342, which is 28% lower than the state average. The poverty rate is 5.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Red Lake Falls Quick Facts

Population 1,348
Median Household Income $64,342
Median Home Value $139,300
Poverty Rate 5.9%
Unemployment Rate 1.9%
Median Age 42.3 years
Homeownership Rate 80.4%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 17.9%
High School Graduation Rate 94.6%
Diversity Index 26/100
Population 1,348 320th of 914
Median Income $64,342 average
Poverty Rate 5.9% 53% lower than national
Median Home Value $139,300 below average

How Red Lake Falls Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,2671,348+6.4%
Median household income$63,929$64,342+0.6%
Median home value$132,300$139,300+5.3%

How Red Lake Falls Compares

Economy & Housing

Household Income Distribution

Under $25K 15.5%
$25K-$50K 17.4%
$50K-$100K 35.8%
$100K+ 31.2%
Detailed income brackets
Under $10K
3.6%
$10K-$15K
1.4%
$15K-$20K
6.0%
$20K-$25K
4.6%
$25K-$30K
4.1%
$30K-$35K
2.7%
$35K-$40K
4.4%
$40K-$45K
4.8%
$45K-$50K
1.4%
$50K-$60K
7.5%
$60K-$75K
18.1%
$75K-$100K
10.2%
$100K-$125K
10.8%
$125K-$150K
8.0%
$150K-$200K
9.0%
$200K+
3.4%

Employment

1.9% Unemployment Rate State: 4.1%|National: 5.2%
68.0% Labor Force Participation

Housing Overview

Owner 80.4%
Renter 19.6%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $511/mo 9.5% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Red Lake Falls Rankings in Minnesota

#320 Population of 914
#525 Median Income of 887
#528 Education of 914
#580 Home Value of 870

Other Cities in Red Lake County

CityPopulationMedian IncomePovertyHome Value
Oklee 383 $62,188 15.2% $122,000
Plummer 369 $76,458 4.9% $125,000
Brooks 133 $62,143 9.0% $96,800

Cities Similar to Red Lake Falls

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Preston1,362$63,984$185,90027.0%8.9%
Dassel1,358$59,946$236,80023.0%13.3%
Menahga1,343$58,036$155,50026.1%10.1%
Winthrop1,381$69,219$169,60019.5%6.1%
Hayfield1,395$69,313$186,60018.2%15.9%

Population Overview

Red Lake Falls is a small community located in Minnesota, within Red Lake County. The total population is 1,348. It ranks as the 320th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Red Lake Falls is 42.3 years. This is 9% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Red Lake Falls is $64,342. This is 28% lower than the state median of $89,062. It is also 20% lower than the national median of $80,734. The poverty rate stands at 5.9%. This is 37% lower than the state poverty rate of 9.3%. The unemployment rate is 1.9%. This is 53% lower than the state rate of 4.1%. The median home value is $139,300. Housing costs are 58% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.2x, Red Lake Falls is one of the most affordable housing markets in the area. 80.4% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 72.2%.

Race & Ethnicity

Red Lake Falls has a predominantly White (non-Hispanic) population, comprising 85.6% of all residents. Hispanic or Latino residents account for 5.5%. The Black or African American population (1.4%) is well below the state average of 7.0%. The Asian population (1.0%) is well below the state average of 5.1%.

Education

17.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.6%.

Data Sources & Methodology

All demographic data for Red Lake Falls, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Red Lake Falls, Minnesota?

Red Lake Falls, Minnesota has a population of 1,348 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Red Lake Falls, MN?

The median household income in Red Lake Falls is $64,342, which is 20% lower than the national median of $80,734.

What is the poverty rate in Red Lake Falls, MN?

The poverty rate in Red Lake Falls is 5.9%. This means approximately 79 residents live below the federal poverty line.

What is the racial makeup of Red Lake Falls, Minnesota?

Red Lake Falls's population is 85.6% White, 1.4% Black, 5.5% Hispanic/Latino, and 1.0% Asian.

What is the median home value in Red Lake Falls, MN?

The median home value in Red Lake Falls is $139,300. The home-value-to-income ratio is 2.2x.

How educated is Red Lake Falls, Minnesota?

17.9% of adults (25+) in Red Lake Falls hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.