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2024 Compare Cities Economy:
Redwood Falls, MN vs Payson, AZ

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Highlights
- Household income in Payson, is 1% more than it is in Redwood Falls and is 19% below the National Average.
- Redwood Falls unemployment rate is 5.5%.
- Payson unemployment rate is 6.7%.

Economy
 Redwood Falls, MNPayson, AZUnited States
 Unemployment Rate5.5%6.7%6.0%
 Recent Job Growth-2.8%2.0%1.6%
 Future Job Growth5.0%32.0%33.5%
 Sales Taxes6.9%9.6%6.2%
 Income Taxes7.1%3.4%4.6%
 Income per Cap.$27,753$35,446$37,638
 Household Income$57,565$58,109$69,021
 Family Median Income$70,885$69,701$85,028
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 Est. Households By Income
 Redwood Falls, MNPayson, AZUnited States
 Income Less Than 15K9.9%7.9%9.4%
 Income between 15K and 20K5.1%3.8%3.8%
 Income between 20K and 30K10.4%10.1%8.1%
 Income between 30K and 40K8.1%10.6%8.0%
 Income between 40K and 50K9.8%8.8%7.6%
 Income between 50K and 60K9.5%10.8%7.2%
 Income between 60K and 75K12.7%12.9%9.6%
 Income between 75K and 100K14.1%12.4%12.8%
 Income between 100K and 150K15.0%11.5%16.3%
 Income between 150K and 200K3.7%6.3%7.8%
 Income greater than 200K1.8%4.8%9.5%
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 Population By Occupation
 Redwood Falls, MNPayson, AZUnited States
 Management, business, finance10.6%16.4%16.4%
 Engineering, computers, science2.6%5.4%6.5%
 Community, social services4.3%2.9%1.8%
 Legal0.9%0.2%1.2%
 Education, library6.2%7.9%6.2%
 Arts, design, media, sports, entertainment1.2%1.3%2.0%
 Healthcare practitioners and technology6.0%6.6%6.2%
 Healthcare support8.5%2.1%3.3%
 Firefighters, law enforcement3.2%1.1%2.1%
 Food preparation, serving3.2%12.7%5.4%
 Building maintenance5.7%2.8%3.6%
 Personal care2.4%3.0%2.6%
 Sales, office, administrative support14.8%20.3%20.9%
 Farming, fishing, forestry3.5%0.0%0.6%
 Construction, extraction, maintenance/repair11.5%11.1%8.1%
 Production, transportation, material moving15.3%6.3%13.1%

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Reviews for Redwood Falls    1 Reviews

Over 16 years ago

It is very very cold here in the  More

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Reviews for Payson    15 Reviews

We have lived in Payson for over 5 years and love it. It has two large grocery stores, a Walmart, Home Depot, a dozen thrift/ treasure shops, more local shops than we  More

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Over 5 years ago

Payson is a wonderful town especially for retired people and people that want a slower pace... Lots of outdoor activities  More

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Over 5 years ago

I've lived in Payson for 25 years, thank god I worked out of town. There is a saying GO TO PAYSON ON VACATION GO HOME ON PROBATION TURN IN THREE YOU GO  More

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ZIPS IN REDWOOD FALLS, MINNESOTA
56283
ZIPS IN PAYSON, ARIZONA
85541

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