Why Don't We Review Redwood Falls

Redwood Falls, MN is situated in Redwood county, and includes a population of 4963, and rests within the more metro region. The median age is 39.1, with 15% for the residents under ten several years of age, 12.3% between 10-nineteen several years of age, 10.6% of inhabitants in their 20’s, 13% in their thirties, 9.5% in their 40’s, 13% in their 50’s, 10.5% in their 60’s, 9.3% in their 70’s, and 6.7% age 80 or older. 49.9% of residents are male, 50.1% female. 50.5% of citizens are recorded as married married, with 11.1% divorced and 32.5% never wedded. The percentage of residents confirmed as widowed is 6%.

The labor pool participation rate in Redwood Falls is 64%, with an unemployment rate of 1.7%. For many when you look at the labor force, the average commute time is 14.6 minutes. 5.2% of Redwood Falls’s population have a grad degree, and 14.3% posses a bachelors degree. For people without a college degree, 30.1% attended some college, 41.4% have a high school diploma, and only 9.1% have received an education lower than twelfth grade. 7.1% are not included in medical insurance.

Redwood Falls: Dreams

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The average household size in Redwood Falls, MN is 2.96 residential members, with 67.5% being the owner of their own houses. The mean home valuation is $105323. For those people renting, they pay out on average $730 per month. 50.8% of households have 2 incomes, and an average household income of $51232. Median individual income is $27369. 12% of citizens live at or beneath the poverty line, and 11% are disabled. 7.5% of residents of the town are former members for the US military.