Redwood Falls city: Median Household Income Trend
How Redwood Falls city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$47,020
2023
$61,947
Total change
+$14,927
% change
+31.7%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $47,020 | — |
| 2019 | $51,232 | +$4,212 (9%) |
| 2020 | $52,418 | +$1,186 (2.3%) |
| 2021 | $57,565 | +$5,147 (9.8%) |
| 2022 | $64,214 | +$6,649 (11.6%) |
| 2023 | $61,947 | $2,267 (-3.5%) |