County profile
Red Lake County, MN
United States · GDP 2024
#2810 of 3,127 US counties by GDPtop-decile growthmore diversified than 42% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$247.9M
BEA · 2024
GDP growth (YoY)
+10.7%
BEA · 2024
Jobs tracked
642
Census CBP · 2023
Employers
89
Census CBP · 2023
Avg. wage
$43.9k
BLS QCEW · 2023
Population
3,940
Census PEP · 2025
Labor, income & education
Unemployment
7.0%
Median HH income
$77.2k±$6.3k
Bachelor's degree+
18.6%±2.3%
Poverty rate
7.2%±1.5%
Business applications
35 · 2025
Retail establishments
16
41.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Retail trade28%
Health care26%
Transportation17%
Finance & insurance10%
Wholesale trade10%
Food & accommodation10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
3,940
residents · 2025 · +0.1% since 2020
Income per capita $70.3k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−43
International migration+1
Natural change+43
GDP trend
2019–2024 · nominal
$162.4M2019
$155.8M2020
$224.0M2021
$249.0M2022
$223.9M2023
$247.9M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$162.0k±$7.5k
Median gross rent
$583/mo±$78/mo
Vacancy rate
11.0%±2.8%
Affordability
3.7× wages
Residential permits
$0
0 units · 0.0/1k pop
FEMA risk score
2.2
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Drought 62Wildfire 49Ice storm 42
FHFA HOUSE PRICE INDEX · 2014–2025
1272014
1382015
1272016
1492017
1472018
1502019
1572020
1732021
1772022
1952025
RESIDENTIAL PERMITS · 2021–2025
02021
02022
22023
02024
02025
Transport access
BTS · FAA · USACE
Nearest interstate
73.4 km
I-29
Nearest freight rail
5.5 km
CPKC
Nearest port
215.3 km
INTERNATIONAL FALLS
Nearest commercial airport
22.5 km
THIEF RIVER FALLS RGNL
Wage trend
BLS QCEW · 2019–2023$43.9k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Red Lake?
Red Lake's economy produced $247.9M in 2024, growing 10.7% year over year — faster than 93% of US counties. Its largest employment sector is retail trade.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.