HomeMinnesotaGoodhue CountyRed Wing city
Red Wing city, Minnesota: commercial real estate data.
Red Wing city is a Census city of 16,758 people across 34.83 square miles of land, in Goodhue County. Median household income is $67,192, 72.2 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $4.1 m.
76 sourced place values · tier FULL · 8 sections
Red Wing
What Red Wing is
- Census place typecity
- Land area34.83 sq mi
- Water area6.58 sq mi
- Population per square mile of land481
- County holding the largest share of its areaGoodhue County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Wing
How many people live in Red Wing
- Population16,758
- Median age42.0
- Population under 183,554
- Share under 1821.2 percent
- Population 65 and over3,493
- Share 65 and over20.8 percent
- Households7,384
- Family households4,159
- Share of households that are families56.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Wing
Income and work in Red Wing
- Median household income$67,192
- Per capita income$40,751
- Civilian labor force8,196
- Employed7,796
- Unemployed400 plus or minus 147
- Unemployment rate4.9 percent plus or minus 1.8
- Adults 25 and over11,730
- Adults 25 and over with a high school diploma or higher90.5 percent
- Adults 25 and over with a bachelor degree or higher25.3 percent
- Adults 25 and over with a graduate degree7.6 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Wing
Housing in Red Wing
- Housing units7,722
- Occupied units7,384
- Vacant units338 plus or minus 166
- Vacancy rate4.4 percent plus or minus 2.1
- Owner occupied5,328
- Renter occupied2,056
- Ownership rate72.2 percent
- Median owner-occupied home value$237,300
- Median gross rent, monthly$969
- Annual rent as a share of median income17.3 percent
- Single family units5,313
- Share single family68.8 percent
- Units in buildings of two or more2,017
- Share in buildings of two or more26.1 percent
- Mobile homes380 plus or minus 116
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Wing
How Red Wing gets to work
- Workers 16 and over who commute7,123
- Commuting under 15 minutes3,763
- Share commuting under 15 minutes52.8 percent
- Commuting 30 minutes or more1,288 plus or minus 283
- Share commuting 30 minutes or more18.1 percent plus or minus 3.8
- Drove alone77.4 percent
- Carpooled10.0 percent plus or minus 2.9
- Public transport1.3 percent plus or minus 0.9
- Walked3.0 percent plus or minus 1.3
- Worked from home7.2 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Wing
SBA 7(a) lending to Red Wing borrowers
- Approvals14
- Gross approval$4,134,400
- Average approval$295,314
- Median approval$132,000
- Ninetieth percentile approval$508,500
- Largest approval$1,746,900
- Jobs supported244
- Jobs per approval17.4
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.1 percent
- Share to franchises14.3 percent
- Distinct lenders7
- Distinct industries by NAICS10
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Red Wing
SBA 504 lending to Red Wing borrowers
- Approvals20
- Gross approval$8,418,000
- Average approval$420,900
- Median approval$388,000
- Largest approval$1,075,000
- Jobs supported115
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Goodhue County, not Red Wing
Goodhue County context, not Red Wing figures
These are Goodhue County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Red Wing measurements.
- Establishments in Goodhue County1,294
- Employment at those establishments, Goodhue County18,951
- Covered employment, Goodhue County21,366
- Average annual pay, Goodhue County$60,513
- Average weekly wage, Goodhue County$1,164
- Housing units permitted, Goodhue County86
- Of those, single family, Goodhue County78
- County product, 2024, Goodhue County$3,915,807,000
- County product change over the prior year, Goodhue County0.7 percent
- Average income of an arriving household, Goodhue County$64,721
Every figure in this section is published for Goodhue County as a whole and is not a measurement of Red Wing. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Red Wing questions, answered from the record.
How many people live in Red Wing, Minnesota?
16,758, in 7,384 households. Red Wing city covers 34.83 square miles of land, which is 481 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Red Wing in?
Goodhue County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Red Wing?
$67,192. The median owner-occupied home is valued at $237,300. Median gross rent is $969 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Red Wing businesses?
14 7(a) approvals totalling $4.1 m, across 7 lenders, median approval $132,000, plus 20 504 approvals worth $8.4 m. These count approvals to borrowers whose address is in Red Wing, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Red Wing borrowers get paid back?
No rate is published for Red Wing. only 5 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Red Wing figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Goodhue County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Red Wing.
Is zoning published for Red Wing?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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