Living in Red Lake, Minnesota
Cost of living, income, home prices, rent and demographics of Red Lake · Census data 2020–2024
Red Lake has 1,481 residents with a median age of 31.6. The median household income is $46,328 (48% lower than the Minnesota median), the median home value is $116,500, the median rent is $378/month.
Red Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Red Lake at a glance
- Population
- 1,481
- Median age
- 31.6State: 38.8
- Median household income
- $46,328State: $89,062
- Median home value
- $116,500State: $329,300
- Median rent
- $378/moState: $1,280
- Homeowners
- 66.3%
- Bachelor's degree or higher
- 11.8%
- Average commute
- 6 min
Is Red Lake a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 6 minutes.
Cons: Median household income 48% lower than the Minnesota median; unemployment of 5.9%; a poverty rate of 41.4%.
The weather is best in June to September.
Cost of living in Red Lake
Housing is the biggest part of the cost of living. In Red Lake the median home value is $116,500, 65% lower than the U.S. median. Renters pay a median of $378 per month, which is 27.7% of household income. Homeowners with a mortgage pay $660 a month in housing costs.
Red Lake median household income
The median household income in Red Lake is $46,328 and the income per person is $20,028. 41.4% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Red Lake: homes for sale and rent
- Housing units
- 547
- Owner-occupied
- 66.3%
- Renter-occupied
- 33.7%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.71
Red Lake demographics
- Population
- 1,481
- Median age
- 31.6
- Under 18
- 34.5%
- 65 and older
- 12%
- Households
- 517
- Foreign-born
- 0%
- Veterans
- 14.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Red Lake ›
Education in Red Lake
11.8% of adults 25 and older in Red Lake have a bachelor's degree or higher (Minnesota: 39.4%), and 4.8% have a graduate or professional degree.
Jobs and commute in Red Lake
- Unemployment rate
- 5.9%State: 4.1%
- Average commute
- 6 minState: 23 min
- Work from home
- 0%
- Drive alone
- 87%
- Public transit
- 2.3%
- Walk to work
- 0%
- Homes with broadband
- 88%
Red Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Red Lake | 1,481 | $46,328 | $116,500 | $378 |
| Redby | 1,495 | $57,059 | $108,000 | $518 |
| Tenstrike | 207 | $58,750 | $281,800 | $845 |
| Blackduck | 699 | $36,447 | $96,900 | $749 |
| Clearbrook | 584 | $48,750 | $107,600 | $683 |
| Solway | 117 | $96,250 | $215,000 | — |
| Wilton | 327 | $70,625 | $162,500 | $1,167 |
| Gonvick | 221 | $33,750 | $102,100 | $475 |
| Shevlin | 148 | $62,361 | $87,000 | — |
More for people moving to Red Lake
Red Lake ZIP code ›Weather and climate ›Living in Red Lake: FAQ
What is the median household income in Red Lake, MN?
The median household income in Red Lake is $46,328, 48% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Red Lake?
The median home value in Red Lake is $116,500, compared with $329,300 in Minnesota.
How much is rent in Red Lake?
The median gross rent in Red Lake is $378 per month, about 27.7% of household income.
Is Red Lake, MN a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 6 minutes. Minuses: median household income 48% lower than the Minnesota median; unemployment of 5.9%; a poverty rate of 41.4%.
What is the median age in Red Lake?
The median age in Red Lake is 31.6 years (Minnesota: 38.8).
How long is the commute in Red Lake?
The average commute to work in Red Lake is 6 minutes; 0% of workers work from home.
What is the unemployment rate in Red Lake?
The unemployment rate in Red Lake is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Red Lake?
11.8% of adults in Red Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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