Economy & Jobs — Redwood Falls, Minnesota
Income & Employment
| Median Household Income (Census) | $61,750 |
|---|
| Estimated 2026 | ~$70,600 |
|---|
| Per Capita Income | $31,870 |
|---|
| Poverty Rate | 17.2% |
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| Unemployment Rate | 3.3% |
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| In Labor Force | 2,423 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 27.7% |
| Manufacturing | 12.8% |
| Arts Food | 9.4% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 14 |
| Full Service Restaurants | 13 |
| Auto Repair | 12 |
| Commercial Banks | 12 |
| Bars | 9 |
| Real Estate Offices | 7 |
| Gas Stations | 6 |
| Accounting Firms | 6 |
| Grocery Stores | 5 |
| Beauty Salons | 5 |
| Law Offices | 5 |
| Chiropractors | 5 |
| Fast Food | 5 |
| Nursing Care | 4 |
| Liquor Stores | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
