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Red Wing, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
16,758
Population
$67,192
Median Income
$237,300
Home Value
42.0
Median Age

Demographics

Red Wing has a population of 16,758 with a median age of 42.0. Here is the racial and ethnic breakdown of the population:

White
85.0%
Hispanic
7.3%
Other
3.6%
Black
3.3%
Asian
0.8%
Demographic Value
Total Population16,758
Median Age42.0
White85.0%
Black or African American3.3%
Asian0.8%
Hispanic or Latino7.3%
Other / Two or More Races3.6%
Red Wing, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 85.0%Hispanic/Latino: 7.3%Other: 3.6%Black: 3.3%Other: 0.8%16,758PopulationWhiteWhite85.0%Hispanic/LatinoHispanic/Latino7.3%OtherOther3.6%BlackBlack3.3%OtherOther0.8%

Income & Economy

The median household income in Red Wing is $67,192, which is 16.6% below the national median of $80,610. The per capita income is $40,751. The poverty rate is 13.8%.

$67,192
Median Household Income
$40,751
Per Capita Income
13.8%
Poverty Rate

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Education

In Red Wing, 90.5% of residents age 25+ have a high school diploma or higher, and 25.3% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).

HS Diploma+
90.5%
Bachelor's+
25.3%
Graduate+
7.6%
Education Level % of Adults (25+)
High School Diploma or Higher90.5%
Bachelor's Degree or Higher25.3%
Graduate or Professional Degree7.6%

Housing

The median home value in Red Wing is $237,300, below the national median of $303,400. The median monthly rent is $969. The homeownership rate is 72.2%.

$237,300
Median Home Value
$969/mo
Median Rent
72.2%
Homeownership Rate
Housing Metric Value
Median Home Value$237,300
Median Monthly Rent$969
Homeownership Rate72.2%
Vacancy Rate4.4%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Red Wing, Minnesota?
The population of Red Wing, Minnesota is 16,758 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Red Wing, Minnesota?
The median household income in Red Wing, Minnesota is $67,192. This is 16.6% below the national median of $80,610.
What is the median home value in Red Wing, Minnesota?
The median home value in Red Wing, Minnesota is $237,300. The median monthly rent is $969.
What percentage of people in Red Wing have a college degree?
In Red Wing, Minnesota, 25.3% of adults age 25 and older hold a bachelor's degree or higher, and 90.5% have a high school diploma or higher.
Is Red Wing, Minnesota an affordable place to live?
The home price-to-income ratio in Red Wing, Minnesota is 3.5x (median home value $237,300 vs. median income $67,192), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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