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Redwood Falls city, Minnesota Demographics & Population 2026

As of 2026, Redwood Falls city, Minnesota has a total population of 5,075, the 148th largest city in Minnesota, with a median household income of $61,947, which is 29% lower than the state average. The poverty rate is 15.2%.

Key Takeaways

Redwood Falls city Quick Facts

Population 5,075
Median Household Income $61,947
Median Home Value $162,000
Poverty Rate 15.2%
Unemployment Rate 1.1%
Median Age 43.1 years
Homeownership Rate 70.7%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 22.1%
High School Graduation Rate 92.4%
Diversity Index 21/100
Population 5,075 148th of 913
Median Income $61,947 below average
Poverty Rate 15.2% 22% higher national
Median Home Value $162,000 average

How Redwood Falls city Compares

Economy & Housing

Employment

1.1% Unemployment Rate State: 3.9% | National: 5.2%
59.6% Labor Force Participation

Housing Overview

Owner 70.7%
Renter 29.3%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Redwood Falls city Rankings in Minnesota

#148 Population of 913
#537 Median Income of 913
#374 Education of 913
#450 Home Value of 913

Other Cities in Redwood County

CityPopulationMedian IncomePovertyHome Value
Lamberton city 864 $59,330 8.1% $87,000
Morgan city 862 $58,750 9.9% $105,900
Walnut Grove city 719 $59,583 25.9% $81,000
Wabasso city 598 $63,900 8.0% $105,100
Belview city 399 $62,000 26.2% $79,500
Sanborn city 328 $43,438 18.3% $58,800
Vesta city 311 $67,500 5.1% $104,300
Milroy city 213 $61,875 13.6% $103,100
Lucan city 201 $48,125 11.9% $110,900
Clements city 148 $53,438 23.1% $60,000

Cities Similar to Redwood Falls city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Morris city5,092$63,807$185,20036.6%15.6%
Luverne city4,907$66,145$181,10029.9%9.6%
Montevideo city5,303$65,724$137,60019.8%19.3%
Princeton city4,988$52,450$212,20012.9%9.2%
Windom city4,786$67,813$158,00023.5%12.5%

Population Overview

Redwood Falls city is a small city located in Minnesota, within Redwood County. The total population is 5,075. It ranks as the 148th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Redwood Falls city is 43.1 years. This is 12% higher than the state median of 38.6 years. 10.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Redwood Falls city is $61,947. This is 29% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 15.2%. This is 66% higher than the state poverty rate of 9.2%. The unemployment rate is 1.1%. This is 72% lower than the state rate of 3.9%. The median home value is $162,000. Housing costs are 47% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.6x, Redwood Falls city is one of the most affordable housing markets in the area. 70.7% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 72.4%.

Race & Ethnicity

Redwood Falls city has a predominantly White (non-Hispanic) population, comprising 88.0% of all residents. Hispanic or Latino residents account for 4.3%. The Black or African American population (0.0%) is well below the state average of 6.7%. The Asian population (0.2%) is well below the state average of 5.0%.

Education

22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.4%.

Data Sources & Methodology

All demographic data for Redwood Falls city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Redwood Falls city, Minnesota?

Redwood Falls city, Minnesota has a population of 5,075 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Redwood Falls city, MN?

The median household income in Redwood Falls city is $61,947, which is 21% lower the national median of $78,538.

What is the poverty rate in Redwood Falls city, MN?

The poverty rate in Redwood Falls city is 15.2%. This means approximately 754 residents live below the federal poverty line.

What is the racial makeup of Redwood Falls city, Minnesota?

Redwood Falls city's population is 88.0% White, 0.0% Black, 4.3% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Redwood Falls city, MN?

The median home value in Redwood Falls city is $162,000. The home-value-to-income ratio is 2.6x.

How educated is Redwood Falls city, Minnesota?

22.1% of adults (25+) in Redwood Falls city hold a bachelor's degree or higher, and 7.9% hold a graduate or professional degree.