Also See Red Lake Falls, MN: ZIP Codes & Maps
The City of Red Lake Falls had a population of 1,359 as of July 1, 2023.
The primary coordinate point for Red Lake Falls is located at latitude 47.8822 and longitude -96.2742 in Red Lake County. The formal boundaries for the City of Red Lake Falls encompass a land area of 2.03 sq. miles and a water area of 0 sq. miles. Red Lake County is in the Central time zone (GMT -6).
The City of Red Lake Falls has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 1,359 (100%) |
Population in Households | 1,330 (97.9%) |
Population in Families | 1,042 (76.7%) |
Population in Group Quarters1 | 29 ( 2.1%) |
Population Density | 647 |
Diversity Index2 | 22 |
INCOME | |
Median Household Income | $64,005 |
Average Household Income | $79,213 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $34,821 |
Wealth Index5 | 66 |
Socioeconomic Status Index6 | Moderate (55.0) |
HOUSING | |
---|---|
Total HU (Housing Units) | 675 (100%) |
Owner Occupied HU | 476 (70.5%) |
Renter Occupied HU | 121 (17.9%) |
Vacant Housing Units | 78 (11.6%) |
Median Home Value | $154,167 |
Average Home Value | $195,273 |
Housing Affordability Index3 | 156 |
HOUSEHOLDS | |
Total Households | 597 |
Average Household Size | 2.23 |
Family Households | 344 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.46% | -0.07% |
Households | 0.42% | 0.13% |
Families | 0.06% | |
Median Household Income | 4.32% | |
Per Capita Income | 2.76% | |
Owner Occupied HU | 0.29% |
The table below compares Red Lake Falls to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 316 | 66th |
Population Density | # 414 | 55th |
Median Household Income | # 572 | 38th |
Housing Affordability Index | # 738 | 81st |
Per Capita Income | # 629 | 31st |
Diversity Index | # 405 | 56th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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