- We are a smaller property management company that will give both you and your property outstanding personal attention. We offer all the services that the "big box" companies do and several that ... View full company profile
As of 2008, the rental vacancy rate in Red Wing stood at 6%, relatively low compared to the rest of the country. There are about 20,014 housing units, averaging $194,000 in value, 23% of which are occupied by renters. The rent to price ratio in Red Wing is 0.3%, slightly lower than the Minnesota average. For 20% of Red Wing tenants, 30% or more of their income goes to paying rent.
Red Wing has a population of 45,685, comprised of 18,659 households, with on average 2 members per household. Out of approximately 26,160 people in the civilian workforce, 25,027 (96%) were employed in 2008. 90% of the population 25 and older has earned a high school diploma, with 22% holding a 4 year college degree.