Red Wing, Minnesota 

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Economy in Red Wing, Minnesota

Red Wing has an unemployment rate of 4.6%. The US average is 6.0%.

Red Wing has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Red Wing
- The Sales Tax Rate for Red Wing is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Red Wing is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Red Wing
- The average income of a Red Wing resident is $27,158 a year. The US average is $28,555 a year.
- The Median household income of a Red Wing resident is $48,431 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYRed Wing, MinnesotaUnited States
  4.6%6.0%
  -4.1%-6.2%
  28.0%33.5%
  7.4%6.2%
  7.1%4.6%
  $28,692$31,177
  $50,746$57,652
  $69,476$70,850
  POPULATION BY OCCUPATION
  1.6%1.3%
  0.0%0.6%
  3.9%6.2%
  18.7%10.4%
  2.4%2.7%
  9.0%11.6%
  3.9%4.1%
  3.4%0.9%
  1.3%2.1%
  3.5%4.7%
  2.5%1.9%
  4.7%6.7%
  0.0%0.1%
  3.9%4.3%
  5.8%9.3%
  13.6%13.8%
  5.1%2.2%
  7.3%7.4%
  5.4%4.9%
  4.1%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Red Wing    6 Reviews
    A nice place to raise kids - 11/4/2014
    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... Read More

    Start Your Review of Red Wing


    Very stagnant town - 8/14/2013
    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... Read More

    Nice little town - 5/9/2008
    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.... Read More


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    MAPS OF RED WING, MINNESOTA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Red_Wing,Minnesota Map
    ZIP CODES IN RED WING, MINNESOTA
    55066

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