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Places/MN/Redwood
County profile

Redwood

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
GDP growth
+6.1%
Jobs tracked
5,143
Employers
509
Avg. wage
$51.3k
Population
15,265
Labor & formation
Unemployment
3.8%
Median HH income
$67.9k±$3.2k
Business applications
128 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
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
$828.0M
2019
$866.1M
2020
$1.1B
2021
$1.3B
2022
$1.4B
2023
$1.5B
2024

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
7 (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
178
2016
199
2017
206
2018
211
2019
215
2020
230
2021
262
2022
273
2023
297
2024
311
2025

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 EDGAR
8-KRedwood Financial, Inc.08-17
DEF 14ARedwood Financial, Inc.09-26
8-KRedwood Financial, Inc.12-31
8-KRedwood Financial, Inc.11-07
8-KRedwood Financial, Inc.11-04
DEF 14ARedwood Financial, Inc.09-12
Wage trend
BLS QCEW · 2019–2023
$51.3k
avg. annual pay · +28% since 2019
Similar US counties
nearest by GDP
Millard$1.5BSurry$1.5BColleton$1.5BOtsego$1.5BJackson$1.5BPlumas$1.5B
The read

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.
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