Living in Red Wing, Minnesota
Cost of living, income, home prices, rent and demographics of Red Wing · Census data 2020–2024
Red Wing has 16,758 residents with a median age of 42. The median household income is $67,192 (25% lower than the Minnesota median), the median home value is $237,300, the median rent is $969/month.
Red Wing at a glance
- Population
- 16,758
- Median age
- 42State: 38.8
- Median household income
- $67,192State: $89,062
- Median home value
- $237,300State: $329,300
- Median rent
- $969/moState: $1,280
- Homeowners
- 72.2%
- Bachelor's degree or higher
- 25.3%
- Average commute
- 20 min
Is Red Wing a good place to live?
Pros: Home values 28% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 25% lower than the Minnesota median; unemployment of 4.9%; a poverty rate of 13.8%.
The weather is best in June to September.
Cost of living in Red Wing
Housing is the biggest part of the cost of living. In Red Wing the median home value is $237,300, 29% lower than the U.S. median. Renters pay a median of $969 per month, which is 31.7% of household income. Homeowners with a mortgage pay $1,715 a month in housing costs.
Red Wing median household income
The median household income in Red Wing is $67,192 and the income per person is $40,751. 13.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Red Wing: homes for sale and rent
- Housing units
- 7,722
- Owner-occupied
- 72.2%
- Renter-occupied
- 27.8%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.19
Red Wing demographics
- Population
- 16,758
- Median age
- 42
- Under 18
- 21.2%
- 65 and older
- 20.8%
- Households
- 7,384
- Foreign-born
- 4%
- Veterans
- 8.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Red Wing ›
Education in Red Wing
25.3% of adults 25 and older in Red Wing have a bachelor's degree or higher (Minnesota: 39.4%), and 7.6% have a graduate or professional degree.
Jobs and commute in Red Wing
- Unemployment rate
- 4.9%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 7.2%
- Drive alone
- 77.4%
- Public transit
- 1.3%
- Walk to work
- 3%
- Homes with broadband
- 93%
Red Wing vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Red Wing | 16,758 | $67,192 | $237,300 | $969 |
| Hager City | 243 | $108,333 | $268,300 | $1,200 |
| Diamond Bluff | 192 | $105,000 | $365,400 | $1,375 |
| Bay City | 327 | $57,857 | $116,400 | $1,109 |
| Miesville | 125 | $95,500 | $348,200 | — |
| Ellsworth | 3,349 | $87,857 | $262,200 | $1,042 |
| Goodhue | 1,074 | $89,398 | $243,500 | $936 |
| Frontenac | 188 | $88,542 | $266,700 | — |
| Prescott | 4,503 | $74,412 | $306,900 | $1,189 |
More for people moving to Red Wing
Red Wing ZIP code ›Weather and climate ›Living in Red Wing: FAQ
What is the median household income in Red Wing, MN?
The median household income in Red Wing is $67,192, 25% 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 Wing?
The median home value in Red Wing is $237,300, compared with $329,300 in Minnesota.
How much is rent in Red Wing?
The median gross rent in Red Wing is $969 per month, about 31.7% of household income.
Is Red Wing, MN a good place to live?
Pluses: home values 28% lower than the state median; an average commute of 20 minutes. Minuses: median household income 25% lower than the Minnesota median; unemployment of 4.9%; a poverty rate of 13.8%.
What is the median age in Red Wing?
The median age in Red Wing is 42 years (Minnesota: 38.8).
How long is the commute in Red Wing?
The average commute to work in Red Wing is 20 minutes; 7.2% of workers work from home.
What is the unemployment rate in Red Wing?
The unemployment rate in Red Wing is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Red Wing?
25.3% of adults in Red Wing 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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