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

Tenure, estimate (90% margin of error)
Red WingGoodhue CountyMinnesotaUnited States
Renter-occupied share27.8% (±3.1 points)21.2% (±2.1 points)27.8% (±0.2 points)34.8%
Renting households2,056 (±263)4,179 (±430)641,268 (±4,528)45,017,354
Owning households5,328 (±239)15,548 (±421)1,666,687 (±7,556)84,210,142
Average renter household size1.7 (±0.2)1.8 (±0.1)2.0 (±0.0)2.3
Average owner household size2.4 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent34.5% (±2.9 points)27.8% (±3.1 points)−6.7 percentage pointsMeasurable 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

Nearest places with a published estimate, compared with Red Wing
PlaceDistanceHouseholds that rentCompared with this place
Red Wing—27.8% (±3.1 points)—
Featherstone Township3.9 mi7.1% (±3.7 points)Lower
Town of Diamond Bluff5.1 mi13.6% (±6.4 points)Lower
Town of Trenton (Pierce County)5.7 mi8.3% (±4.8 points)Lower
Welch Township6.6 mi13.5% (±5.4 points)Lower
Bay City7.5 mi9.2% (±6.2 points)Lower
Hay Creek Township7.7 mi1.6% (±1.7 points)Lower
Vasa Township7.9 mi14.3% (±5.5 points)Lower
Town of Hartland (Pierce County)9.1 mi15.8% (±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

RankPlaceHouseholds that rent
1Red Wing27.8% (±3.1 points)
2Cannon Falls26.7% (±6.6 points)
3Wanamingo25.0% (±9.4 points)
4Pine Island Township23.4% (±19.4 points)
5Zumbrota22.9% (±8.8 points)
6Bellechester20.7% (±12.4 points)
7Dennison20.4% (±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

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.

Request a Census API 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 .

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