Redwood Falls Minnesota Real Estate
Redwood Falls, Minnesota, is located in Redwood County, 82 miles SW of St. Cloud, Minnesota and 371 miles W of Milwaukee, Wisconsin. Redwood Falls has a population of 5,459.
Redwood Falls Homes
Redwood Falls properties pool is 2,267 residential properties including Redwood Falls new homes. Median age of real estate in Redwood Falls is 1964. Average Household size is 2.94 people. 1% are one bedroom homes, 22% are 2 bedroom homes, 52% are 3 bedroom homes, 22% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Redwood Falls Mortgage Statistics
Redwood Falls mortgages vs. USA median statistics
Homes |
Redwood Falls |
USA |
Homes With No Mortgage |
42% |
30% |
Homes With Mortgage |
58% |
70% |
First Mortgage Only |
44% |
54% |
First & Second Mortgage or HELOC |
14% |
16% |
Redwood Falls Area Real Estate Tax
Redwood Falls Real estate Tax: Median Real Estate Taxes (2000) were $886 comparing to 1999 Median Family income $ 52,589. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Redwood Falls School District: Children make up 25% of Redwood Falls population. Redwood Falls has 1,366 under 18 years old residents, or 0.49 kids per one worker, or 0.6 kids per one household.
Redwood Falls Real Estate & Redwood Falls Homeownership
There are 793.45 or 35% one person households, 748.11 or 33% two person households, and 294.71 or 13% three person households in Redwood Falls, Minnesota. Median residents age is 39.6, Senior citizens (65+) make up 1,052 or 19.3%% of Redwood Falls population.
There are 2,760 workers (over 16 years of age) in Redwood Falls. Of these, 89.24% drive to work. Approximately 2.79% of workers in Redwood Falls take public transportation. An estimated 4.82% walk to work.
Median Redwood Falls homeowner's housing expences are 14.3%
Crime in Redwood Falls (2003), crimes per 10,000 residents per year
Type of Crime |
Redwood Falls |
USA, 2003 |
Violent Crimes |
43.96 |
47.5 |
Robberies |
NaN |
14.2 |
Aggravated Assaults |
36.64 |
29.5 |
Property Crimes |
390.18 |
358.8 |
Burglaries |
62.28 |
74.0 |
Larceny-Thefts |
298.59 |
241.5 |
Motor Vehicle Thefts |
29.31 |
43.3 |
Invest in Redwood Falls Properties
When making a decision about buying real estate in Redwood Falls Minnesota area, you should consider following statistical data:
Category |
Redwood Falls |
USA |
Near Medium City |
St. Cloud, Minnesota |
- |
Near Large City |
Milwaukee, Wisconsin |
- |
Redwood Falls Zip Codes |
56283 |
- |
Redwood Falls Area Codes |
507 |
- |
White population |
93.28% |
75.1% |
African-American population |
0.22% |
12.3% |
Asian |
0.48% |
3.6% |
American Indian & Alaskan |
3.88% |
0.9% |
Hispanic (of any race) |
1.92% |
12.5% |
Median Family Income (1999) |
$ 52,589% |
$42,000 |
Population Below Poverty Level |
7.16% |
12.4% |
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