Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 3,922 ↓ 0.3% since 2020 |
| Median Household Income | $77,500 4% above national median |
| Median Home Value | $157,200 |
| Unemployment Rate | 1.5% |
| Median Age | 42.8 years |
| Housing Vacancy Rate | 12.4% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 3,922 |
| Population (2020) | 3,935 |
| Population Growth | -0.33% |
| Median Household Income | $77,500 |
| Median Home Value | $157,200 |
| Total Housing Units | 1,884 |
| Vacant Housing Units | 234 |
| Housing Vacancy Rate | 12.4% |
| Median Age | 42.8 |
| Bachelor's Degree or Higher | 392 (10.0%) |
| Unemployment Rate | 1.5% |
Market Overview
Red Lake County, Minnesota has a population of 3,922, which has declined 0.33% since 2020. The median household income is $77,500, above the national median of $74,580 by 3.9%. The housing vacancy rate of 12.4% suggests soft market conditions. Red Lake County remains a key area for land acquisition in Minnesota.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Red Lake County, Minnesota?
As of the 2023 American Community Survey, Red Lake County has a population of 3,922. The county has declined 0.33% since the 2020 Census.
What is the median household income in Red Lake County?
The median household income in Red Lake County is $77,500, which is 3.9% above the national median of $74,580.
Is Red Lake County growing or shrinking?
Red Lake County is shrinking. The population has declined 0.33% since 2020.
What is the housing market like in Red Lake County?
The median home value in Red Lake County is $157,200. The housing vacancy rate is 12.4%, which suggests soft market conditions. The unemployment rate is 1.5%, reflecting the local economic conditions.
Does Reelvest buy land in Red Lake County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Red Lake County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.