County profile
Redwood County, MN
United States · GDP 2024
#1521 of 3,127 US counties by GDP69th-percentile growthmore diversified than 64% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.5B
BEA · 2024
GDP growth (YoY)
+6.1%
BEA · 2024
Jobs tracked
5,143
Census CBP · 2023
Employers
509
Census CBP · 2023
Avg. wage
$51.3k
BLS QCEW · 2023
Population
15,265
Census PEP · 2025
Labor, income & education
Unemployment
4.8%
Median HH income
$67.9k±$3.2k
Bachelor's degree+
22.2%±1.7%
Poverty rate
13.3%±1.9%
Business applications
128 · 2025
Retail establishments
60
39.4/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Redwood Financial, Inc.Financial Services———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
Food & accommodation27%
Manufacturing19%
Health care18%
Retail trade17%
Construction10%
Wholesale trade9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
15,265
residents · 2025 · -1.0% since 2020
Income per capita $82.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−268
International migration+53
Natural change+64
GDP trend
2019–2024 · nominal
$828.0M2019
$866.1M2020
$1.1B2021
$1.3B2022
$1.4B2023
$1.5B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$158.2k±$5.4k
Median gross rent
$757/mo±$67/mo
Vacancy rate
11.5%±1.8%
Affordability
3.1× wages
Residential permits
$3.5M
7 units · 0.5/1k pop
FEMA risk score
35.1
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 81Drought 76Hail 75
FHFA HOUSE PRICE INDEX · 2016–2025
1782016
1992017
2062018
2112019
2152020
2302021
2622022
2732023
2972024
3112025
RESIDENTIAL PERMITS · 2021–2025
↓ -68% since 2021222021
142022
222023
152024
72025
Transport access
BTS · FAA · USACE
Nearest interstate
85.2 km
I-90
Nearest freight rail
18.9 km
CPKC
Nearest port
155.9 km
CARGILL WEST, SAVAGE ELEVATOR WHARF
Nearest commercial airport
150.0 km
JOE FOSS FLD
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$51.3k
avg. annual pay · +28% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Redwood?
Redwood's economy produced $1.5B in 2024, growing 6.1% year over year — faster than most US counties. Its largest employment sector is food & accommodation.
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.