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MN area data

Red Lake Falls, MN

Red Lake Falls, MN.

Population: 2,324 (Census ACS)

The median home value in Red Lake Falls, MN is $224,509 — up 9.8% over the past year. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low. Cost of living is 10.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$224,509

Median home value

+9.8%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$224,509
1-year appreciation
+9.8%
3-year appreciation
+3.6%
5-year appreciation
+9.2%
10-year appreciation
+42.9%
All-time peak (2026-04)
$226,949
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
10

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
0
High schools
2
School districts serving the area
PINE TO PRAIRIE COOPERATIVE CTR., RED LAKE FALLS PUBLIC SCHOOL DIST.
Schools include
PINE TO PRAIRIE COOP. CTR., LAFAYETTE SECONDARY, J.A. HUGHES ELEMENTARY

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · iceStorm: Relatively Low · winterWeather: Relatively Low
Wildfire risk to homes (county)
Higher than 54% of US counties
Buildings in wildfire direct-exposure zone
59.0%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
40.0°F
Average high
50.0°F
Average low
30.0°F
Annual precipitation
23.8 in
USDA plant hardiness zone
3b (extreme annual low -35 to -30°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
36
Days with Good air quality
282
Days with Moderate air quality
81
Highest AQI recorded (year)
114

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

Airports within 30 mi
12
Nearest airport
Red Lake Falls Municipal Airport (4 mi)
Nearest major airport
Thief River Falls Regional Airport (TVF) (13 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-10 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,970
Housing built before 1970
50.2%
Housing built 2000 or later
15.3%
Median annual property tax
$2,020
Mean commute to work
19 min
Households with broadband internet
72.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
705
Average weekly wage
$820
Top industries (by employment)
Other Services, Professional Services, Agriculture
Annual residential building permits (county)
1

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Red Lake FallsState medianUS median
Median home value$224,509$304,931$289,727
Median annual property tax$2,020$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Red Lake Falls, MN?
$224,509.
What is the natural-hazard risk in Red Lake Falls, MN?
Overall risk: Very Low (FEMA NRI, county-level).
What is the wildfire risk in Red Lake Falls, MN?
Risk to homes is higher than 54% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Red Lake Falls, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Red Lake Falls, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Red Lake Falls, MN?
3 schools (1 elementary, 2 high) (NCES, 2022-23).
What is the air quality in Red Lake Falls, MN?
Good. Median AQI: 36. (EPA AQI).
What is the cost of living in Red Lake Falls, MN?
Regional Price Parity: 90.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Red Lake Falls

Selling a home in Red Lake Falls, MN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents