Redwood Falls, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Redwood Falls, Minnesota had a total population of 5,068, the 149th largest city in Minnesota, with a median household income of $61,750, which is 31% lower than the state average. The poverty rate is 17.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 31% below the state average, indicating significant economic challenges.
Redwood Falls Quick Facts
How Redwood Falls Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,075 | 5,068 | -0.1% |
| Median household income | $61,947 | $61,750 | -0.3% |
| Median home value | $162,000 | $162,100 | +0.1% |
How Redwood Falls Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Redwood Falls Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Redwood County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Morgan | 925 | $55,833 | 11.8% | $117,400 |
| Lamberton | 917 | $58,631 | 8.6% | $96,000 |
| Walnut Grove | 808 | $58,125 | 31.1% | $90,000 |
| Wabasso | 603 | $63,750 | 8.4% | $109,600 |
| Belview | 362 | $74,583 | 20.1% | $93,600 |
| Vesta | 311 | $66,875 | 5.8% | $105,600 |
| Sanborn | 299 | $48,750 | 15.4% | $68,200 |
| Lucan | 220 | $40,000 | 18.2% | $137,500 |
| Milroy | 203 | $59,583 | 15.8% | $112,500 |
| Clements | 109 | $54,375 | 25.2% | $63,100 |
Cities Similar to Redwood Falls
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Princeton | 5,274 | $62,219 | $218,700 | 13.6% | 8.5% |
| Luverne | 4,925 | $64,366 | $208,000 | 29.2% | 12.2% |
| Morris | 5,128 | $67,727 | $209,600 | 37.3% | 15.9% |
| St. James | 4,767 | $60,242 | $122,100 | 15.5% | 18.1% |
| Lake City | 5,034 | $72,244 | $238,700 | 28.4% | 5.9% |
Population Overview
Redwood Falls is a small city located in Minnesota, within Redwood County. The total population is 5,068. It ranks as the 149th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Redwood Falls is 43.2 years. This is 11% higher than the state median of 38.8 years. 11.9% 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 is $61,750. This is 31% lower than the state median of $89,062. It is also 24% lower than the national median of $80,734. The poverty rate stands at 17.2%. This is 85% higher than the state poverty rate of 9.3%. The unemployment rate is 3.3%. This is 18% lower than the state rate of 4.1%. The median home value is $162,100. Housing costs are 51% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.6x, Redwood Falls is one of the most affordable housing markets in the area. 68.3% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 72.2%.
Race & Ethnicity
Redwood Falls has a predominantly White (non-Hispanic) population, comprising 86.8% of all residents. Hispanic or Latino residents account for 5.7%. The Black or African American population (0.0%) is well below the state average of 7.0%. The Asian population (0.0%) is well below the state average of 5.1%.
Education
24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% 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 93.4%.
Data Sources & Methodology
All demographic data for Redwood 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 Redwood Falls, Minnesota?
Redwood Falls, Minnesota has a population of 5,068 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Redwood Falls, MN?
The median household income in Redwood Falls is $61,750, which is 24% lower than the national median of $80,734.
What is the poverty rate in Redwood Falls, MN?
The poverty rate in Redwood Falls is 17.2%. This means approximately 852 residents live below the federal poverty line.
What is the racial makeup of Redwood Falls, Minnesota?
Redwood Falls's population is 86.8% White, 0.0% Black, 5.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Redwood Falls, MN?
The median home value in Redwood Falls is $162,100. The home-value-to-income ratio is 2.6x.
How educated is Redwood Falls, Minnesota?
24.3% of adults (25+) in Redwood Falls hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.