What percentage of people rent in Red Wing, MN?
27.8% (±3.1 points) of the occupied homes in Red Wing, MN are rented (2020–2024 American Community Survey).
That is 2,056 renting households against 5,328 that own their home.
In Red Wing, the share of households that rent went from 34.5% in 2015–2019 to 27.8% in 2020–2024 (−6.7 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 27.8% (±3.1 points)
- Renting households
- 2,056 (±263)
- Median renter income
- $32,100 (±$7,033)
Who rents and who owns in Red Wing
| Red Wing | Goodhue County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 27.8% (±3.1 points) | 21.2% (±2.1 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 2,056 (±263) | 4,179 (±430) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 5,328 (±239) | 15,548 (±421) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.7 (±0.2) | 1.8 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.1) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $32,100 (±$7,033) | $34,881 (±$4,470) | $51,080 (±$531) | $52,966 |
| Median owner household income | $83,362 (±$6,227) | $97,047 (±$4,077) | $108,214 (±$476) | $100,009 |
In Red Wing, the renter share is higher than in Goodhue County (21.2%).
It is not measurably different from Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Goodhue County, Red Wing ranks 1 of 30 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 322 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Red Wing has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.5% (±2.9 points) | 27.8% (±3.1 points) | −6.7 percentage points | Measurable decrease |
| Median gross rent | $899 (±$67) | $969 (±$54) | +7.8% | Down after inflation |
| Median household income | $54,785 (±$4,568) | $67,192 (±$10,238) | +22.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Red Wing
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Red Wing | — | 27.8% (±3.1 points) | — |
| Featherstone Township | 3.9 mi | 7.1% (±3.7 points) | Lower |
| Town of Diamond Bluff | 5.1 mi | 13.6% (±6.4 points) | Lower |
| Town of Trenton (Pierce County) | 5.7 mi | 8.3% (±4.8 points) | Lower |
| Welch Township | 6.6 mi | 13.5% (±5.4 points) | Lower |
| Bay City | 7.5 mi | 9.2% (±6.2 points) | Lower |
| Hay Creek Township | 7.7 mi | 1.6% (±1.7 points) | Lower |
| Vasa Township | 7.9 mi | 14.3% (±5.5 points) | Lower |
| Town of Hartland (Pierce County) | 9.1 mi | 15.8% (±6.6 points) | Lower |
Nearby places with a measurably lower figure: Featherstone Township, MN (7.1%), Town of Diamond Bluff, WI (13.6%), Town of Trenton (Pierce County), WI (8.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Goodhue County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Red Wing | 27.8% (±3.1 points) |
| 2 | Cannon Falls | 26.7% (±6.6 points) |
| 3 | Wanamingo | 25.0% (±9.4 points) |
| 4 | Pine Island Township | 23.4% (±19.4 points) |
| 5 | Zumbrota | 22.9% (±8.8 points) |
| 6 | Bellechester | 20.7% (±12.4 points) |
| 7 | Dennison | 20.4% (±14.9 points) |
Showing 7 of 30 places in Goodhue County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Red Wing
How many renters are there in Red Wing?
Red Wing has an estimated 2,056 (±263) renting households, 27.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Red Wing?
In Red Wing, the share of households that rent went from 34.5% in 2015–2019 to 27.8% in 2020–2024 (−6.7 percentage points), a measurable decrease.
How big are renting households in Red Wing?
A renting household in Red Wing has 1.7 people on average, against 2.4 in an owned home.
How much do renters earn in Red Wing?
The median renting household in Red Wing, MN has an income of $32,100 (±$7,033) a year, against $83,362 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Red Wing city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Red Wing city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Red Wing city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Red Wing city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Red Wing city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Red Wing city, Minnesota (place:53620, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Minnesota landlord and tenant rules
- Housing across Goodhue County
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- Housing data for every place in Minnesota