Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.5 yrs |
|---|---|
| Avg HH Size | 2.24 |
| Below Poverty | 12.1% ▲ 21% above avg |
| College Grads | 39.9% ≈ Avg |
| Unemployment | 4.3% ▼ 11% below avg |
| No HS Diploma | 101 (0.8%) |
| HS Graduate | 4,092 (31.9%) |
| Some College | 1,864 (14.5%) |
| Associates | 1,666 (13%) |
| Bachelors | 1,468 (11.4%) |
| Graduate Degree | 3,650 (28.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,529 ▼ 8% below avg |
|---|---|
| Median Home Value | $237,800 ▼ 15% below avg |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $958/mo |
| Total Housing Units | 8,707 |
| Vacant Units | 425 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Red Wing is a city in Minnesota, located in Goodhue County. The city spans 1 ZIP code and is home to approximately 19,125 residents. It is a middle-aged city, with a median age of 42.5 years.
Economically, Red Wing is a solidly middle-class community. The median household income of $70,529 is near the national average. Approximately 12.1% of residents live below the poverty line. The unemployment rate is 4.3%, near the national average.
The real estate market in Red Wing is an affordable housing market. Median home values stand at $237,800, which is near the national average. Renters typically pay around $958 per month. Homeownership is high at 73.0%, typical of suburban and family-oriented communities.
The population of Red Wing is moderately educated. 39.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (86.81%).
Red Wing, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55066 | 19,125 | $70,529 | $237,800 | $958 | 4.3% | 39.9% | 73.0% |