Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

54 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $995

Average Rent as Percentage of Gross Income

Median rent for 2018: $718

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $10,353
--Home Prepared Food $5,834
--Restaurant/Takeaway Food $4,519
Alcoholic Beverages $760
Housing $26,241
--Rent/Mortgage/Upkeep/Taxes $15,344
--Utilities $5,289
--Operations $1,992
--Supplies $976
--Furnishings $2,650
Apparel $2,434
--Men & Boys $544
--Women & Girls $986
--Children < 2 $10
--Footwear $514
Transportation $12,746
--New Vehicles $2,383
--Used Vehicles $2,722
--Fuel $2,752
--Insurance $1,274
--Public Transit $1,068
Healthcare $6,491
Entertainment $4,211
--Pets $863
--Toys $205
Personal Care Products $1,007
Books & Literature $144
Education $1,838
Tobacco Products $452
Miscellaneous $1,294
Retirement $2,465
Non-health Insurance $9,531
Total Expenditures $79,966

Selected Population Data

Period Geography Population
2014 Redwood Falls city, Minnesota 5,174
2015 Redwood Falls city, Minnesota 5,128
2016 Redwood Falls city, Minnesota 5,086
2017 Redwood Falls city, Minnesota 5,031
2018 Redwood Falls city, Minnesota 5,004