Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.1 yrs |
|---|---|
| Avg HH Size | 2.33 |
| Below Poverty | 5.4% ▼ 46% below avg |
| College Grads | 38.3% ≈ Avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 13 (0.8%) |
| HS Graduate | 515 (32.7%) |
| Some College | 215 (13.7%) |
| Associates | 229 (14.5%) |
| Bachelors | 304 (19.3%) |
| Graduate Degree | 298 (18.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $74,688 ≈ Avg |
|---|---|
| Median Home Value | $162,700 ▼ 42% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $580/mo |
| Total Housing Units | 1,082 |
| Vacant Units | 117 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Red Lake Falls is a city in Minnesota, located in Red Lake County. The city spans 1 ZIP code and is home to approximately 2,280 residents. It is a mature city, with a median age of 46.1 years.
Economically, Red Lake Falls is a solidly middle-class community. The median household income of $74,688 is near the national average. Approximately 5.4% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in Red Lake Falls is an affordable housing market. Median home values stand at $162,700, which is below the national average. Renters typically pay around $580 per month. Homeownership is high at 85.0%, typical of suburban and family-oriented communities.
The population of Red Lake Falls is moderately educated. 38.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (90.61%).
Red Lake Falls, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56750 | 2,280 | $74,688 | $162,700 | $580 | 2.0% | 38.3% | 85.0% |