Is Red Wing, Minnesota a Good Place To Live? - Living In Red Wing, MN
Is Red Wing, Minnesota a good place to live?
Red Wing is a city in Minnesota state in USA with a population of 16366 residents..
The poverty rate of Red Wing is 11.8%, which is 16% lower than national average.
The typical household in Red Wing earns $57056 a year, compared to the national median of $67,500.
Nearly 42.4% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Red Wing, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Red Wing remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Red Wing, only 25% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Red Wing is 101, which is 1% higher than national average. Median home value in Red Wing is $179200 , which is 22% lower than national average. While median income in Red Wing remained $57056, which is 15% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Red Wing, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Red Wing remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Red Wing, only 25% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Red Wing is 101, which is 1% higher than national average. Median home value in Red Wing is $179200 , which is 22% lower than national average. While median income in Red Wing remained $57056, which is 15% lower than national average.
Population
16366
Unemployment
4.8%
Poverty
11.8%
Overall Score
6
Median Home Cost
$179200
22%
NAT AVG.
Median Income
$57056
15%
NAT AVG.
Median Rent
$881
24%
NAT AVG.
Cost Of Living
101
1%
NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 21
People Earning < $10,000
1 in 22
People Earning < $50,000
42.4%
People with <= High School
1 in 2.4
People With Any Degree
1 in 2.6
Pros & Cons Overview
Jobs70%
Housing80%
Affordability70%
Safety50%
Amenities70%
Diversity60%
Education80%
Commute85%
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