Redwood Falls vs Princeton
Side-by-side comparison
How does Redwood Falls, MN compare to Princeton, MN? Redwood Falls has a population of 5,075 with a median household income of $61,947, while Princeton has 4,988 residents and a median income of $52,450. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Redwood Falls, MN | Princeton, MN | Difference |
|---|---|---|---|
| Population | 5,075 | 4,988 | +1.7% |
| Median Age | 43.1 | 39.5 | +9.1% |
| Foreign Born % | 1% | 0.8% | +20.0% |
| Metric | Redwood Falls | Princeton | Difference |
|---|---|---|---|
| Median Income | $61,947 | $52,450 | +18.1% |
| Unemployment | 1.1% | 1.5% | -26.7% |
| Poverty Rate | 15.2% | 9.2% | +65.2% |
| Bachelor's+ | 22.1% | 12.9% | +71.3% |
| Metric | Redwood Falls | Princeton | Difference |
|---|---|---|---|
| Home Value | $162,000 | $212,200 | -23.7% |
| Median Rent | $824/mo | $953/mo | -13.5% |
| Housing Units | 2,473 | 2,134 | +15.9% |