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Goodhue County · Minnesota · Midwest · 17k residents

Red Wing, MN: cost of living, taxes & quality of life

Residential facts for Red Wing: housing, taxes, monthly costs, climate, schools, and household income, with the Minnesota median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

The acs median home value in Red Wing is $237,300, 33% below the Minnesota median. A two-bedroom rents for about $1,127/mo. Day-to-day costs index at 87 against a national baseline of 100. The median household here earns $67,192 a year.

What the numbers show

Source-confirmed findings
  • Housing value: The ACS median home value in Red Wing is $237,300, 33.2% below the median for ACS-covered places in Minnesota.
  • Household income: Median household income is $67,192, 27.7% below the median for ACS-covered places in Minnesota.
  • Adult education: 25.3% of adults have a bachelor's degree or higher, 37.4% below the median for ACS-covered places in Minnesota.
  • Home value to income: The ACS median home value is about 3.5 times median household income. This is a comparison measure, not a mortgage qualification or affordability promise.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

A researched local story is not published for this city yet. The signals below are the verified profile context.

  • Scale: A smaller city in the profile data, with fewer than 50,000 residents.
  • Setting: The profile places Red Wing about 57 miles from the nearest tracked lake.
  • Climate signal: The profile records 195 sunny days.
  • Daily pace: The profile records a walk score of 30 and an average commute of 24 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Red Wing side by side

Cost of living index

87

cheaper than 76% of US cities

ACS median home value

$237,300

33% vs state mediancheaper than 74% of US cities

2-bedroom rent

$1,127/mo

cheaper than 75% of US cities

Median household income

$67,192

28% vs state medianhigher than 30% of US cities

Housing momentum

How fast Red Wing's housing market is moving, ranked against the US cities we track.

57/100

Steady

Rents MoM: +1.1% (top 12%)Home prices YoY: +1.4% (near US average)Home prices MoM: -0.1% (near US average)
Momentum rising · +34 over 2 yr

Ranks Red Wing's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

$a year

Adjusted by Red Wing's cost-of-living index versus the US average.

All facets · Red Wing
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Real listings in Red Wing

Homes on ZillowRealtor.comRentals on ZillowApartments.com

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
What is the cost of living in Red Wing, MN?
Red Wing indexes at 87 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,127/mo and a acs median home value of $237,300.
How much does a house cost in Red Wing?
The acs median home value in Red Wing is $237,300, 33% below the Minnesota median (Census ACS estimate; individual listings vary).
How much is rent in Red Wing?
A two-bedroom in Red Wing rents for about $1,127/mo.