2025 Compare Cities Economy:
Hot Springs, SD vs Red Wing, MN

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Highlights
- Household income in Red Wing, is 38% more than it is in Hot Springs and is 13% below the National Average.
- Hot Springs unemployment rate is 4.4%.
- Red Wing unemployment rate is 4.6%.
 Hot Springs, SDRed Wing, MNUnited States
 Unemployment Rate  Unlock4.6%6.0%
 Recent Job Growth  Unlock0.7%1.6%
 Future Job Growth27.7%  Unlock33.5%
 Sales Taxes6.5%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$27,060  Unlock$37,638
 Household Income  Unlock$61,040$69,021
 Family Median Income$61,250  Unlock$85,028
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 Est. Households By Income
 Hot Springs, SDRed Wing, MNUnited States
 Income Less Than 15K  Unlock10.5%9.4%
 Income between 15K and 20K6.1%  Unlock3.8%
 Income between 20K and 30K  Unlock6.6%8.1%
 Income between 30K and 40K4.5%  Unlock8.0%
 Income between 40K and 50K  Unlock6.6%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock12.0%9.6%
 Income between 75K and 100K17.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.0%16.3%
 Income between 150K and 200K0.8%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Hot Springs, SDRed Wing, MNUnited States
 Management, business, finance11.3%  Unlock16.4%
 Engineering, computers, science  Unlock2.6%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock0.6%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology7.8%  Unlock6.2%
 Healthcare support  Unlock4.9%3.3%
 Firefighters, law enforcement2.3%  Unlock2.1%
 Food preparation, serving  Unlock6.7%5.4%
 Building maintenance9.7%  Unlock3.6%
 Personal care  Unlock3.2%2.6%
 Sales, office, administrative support14.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.8%0.6%
 Construction, extraction, maintenance/repair11.8%  Unlock8.1%
 Production, transportation, material moving  Unlock17.8%13.1%
Reviews for Hot Springs    3 Reviews

Over 2 years ago

We are South Dakota natives and we moved to Hot Springs in 2023 after retiring. This move was predicated on a long-time knowledge of the city and many visits here going  More

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Over 11 years ago

Hot Springs, South Dakota has everything a retired person could want. I moved here (from Connecticut) ten years ago and I've never been happier. We have a beautiful  More

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This is a small town, suitable for those who like the Black Hills and want someplace quieter than Rapid City (and a little warmer -- it's located in a kind of climatic  More

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Reviews for Red Wing    6 Reviews

Red Wing is a small town located equidistant between the Twin Cities and Rochester and is situated on the Mississippi river. Much of the big city culture of Minneapolis  More

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Over 12 years ago

Red Wing is a pretty town along the river. It does have some things outsiders need to be aware of if you take the plunge. The town is OLD, as in the citizens. If  More

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Over 17 years ago

It's a very nice town on the Missippi but too cold in winter---hot & humid in summer but a great spring & fall. If you like the changing seasons, it's ideal.  More

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