Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Redwood Falls, Minnesota is a small city with a population of 5,141 people. At 89%, the majority of the Redwood Falls population is White; this is followed by 4% American Indian and Alaskan and 0% Black. If you prefer shorter commutes, living in Redwood Falls will be a delight. With an average one-way commute time of just 14 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Redwood Falls can be a good experience for anyone moving to the area. Having said that, in the state of Minnesota, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like crime, cost of living, health & safety, employment and other key data points, finding the best places to live in Redwood Falls and in the areas around Redwood Falls is a much easier task.
The livability score in Redwood Falls is 74 out of 100 and the city is ranked in the 85th percentile of all cities across America. Based on the scores for each individual category, Redwood Falls has received high marks for cost of living (A+), employment (B-) and housing (A+). There are some categories that Redwood Falls ranks poorly for, including: amenities (F). It might be worth taking a closer look to find out why.
When contemplating a move, job prospects often top the list of priorities. In Redwood Falls, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.7% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Redwood Falls apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Redwood Falls. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Redwood Falls are affordable. The median home price for Redwood Falls homes is $222,093, which is 34.5% lower than the Minnesota average. If we take a closer look at the affordability of homes in Redwood Falls, we’ll see that the home price to income ratio is 2.8, which is 24.3% lower than the Minnesota average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Redwood Falls | Minnesota | National |
| Average one way commute | 14min | 23min | 26min |
| Workers who drive to work | 83.1% | 78.0% | 76.4% |
| Workers who carpool | 5.1% | 8.7% | 9.3% |
| Workers who take public transit | 1.5% | 3.5% | 5.1% |
| Workers who bicycle | 0.5% | 0.8% | 0.6% |
| Workers who walk | 1.6% | 2.8% | 2.8% |
| Working from home | 6.5% | 5.3% | 4.6% |
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