There are 19 assisted living facilities serving Redwood Falls, Minnesota. This includes 4 facilities in Redwood Falls and 15 nearby. The costs per day of assisted living in Minnesota range from $29 up to $240, with a median expense running around $113. The per month cost averages around $3,403 and ranges between $867 and $7,200. Annually, the average cost is around $40,830, which is below the US average of $42,000.
SeniorScore™ for Redwood Falls, Minnesota
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Redwood Falls scores lower than the Minnesota average of 70.
- Redwood Falls scores lower than the national average of 72.
- There is a low number of Medicare registered physicians within the city limits.
- There is 1 hospital within close range of the city (Redwood Area Hospital).
- There are 8 senior living facilities in close proximity to the city, including Wood Dale Home, Garnette Gardens Senior Living Community, and Good Samaritan Society - Redwood Falls.
- There is a low number of home healthcare providers operating in the city.
- There is a very low number of fire stations serving the city.
- The average life expectancy is 81.1, compared to the national average of 78.6.
- There are 8 pharmacies within close range of the city.
- The area has an average property crime rate.
- The area has a low violent crime rate.
- The city has a high percentage of seniors in the population (33% of residents).
- There are 12 golf courses in or around the city, including Redwood Falls Golf Club, Dacotah Ridge Golf Club, and Stoney Creek Golf Course.
- There are 2 parks near the city center (Alexander Ramsey Park and Cedar Mountain Scientific and Natural Area (SNA)).
- There is 1 church in or near the city (Assemblies of God Church).
- There are no malls / shopping centers within close range of the city.
- There are 3 grocery stores within the city.
- There are 2 movie theatres in or near the city.
- There are 4 gyms or health clubs in or near the city.
- The property taxes average 1.86% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 1.08% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
- Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
- The city's mean household income is $57,022, which is significantly lower than the national average of $64,580.
- The city's median household income is $43,379, which is significantly lower than the national median of $51,560.
- The city's per capita income is $25,549, which is lower than the national average of $25,611.
- Assisted living costs average $36,336 per year, which are low compared to national figures.
- Nursing home costs average $90,710 per year, which are average compared to national costs.
- Adult daycare costs average $19,097 per year, which are high compared to national numbers.
- Home healthcare costs average $46,904 annually, which are average compared to national costs.
- The unemployment rate is about 3.93%, which is very low compared to national averages.
- The overall cost of living is low compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Redwood Falls receives ideal levels of rainfall each year.
- Redwood Falls has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has above average air quality.
- Redwood Falls has a very sparse population density of 37.5 people per square mile.
- Residents of Redwood Falls have a very short daily commute time.
- Redwood Falls has a very high public school quality ranking.
- The city has a high public school safety rating.
- This city has a high graduation rate of 89.47%.
Redwood Falls is a small city in Redwood County within the State of Minnesota. While the city has 6,636 inhabitants, the encompassing metro area contains a total population of 1,077,918. 33% of the residents are 55 and over.
Redwood Falls has a medium SeniorScore™ of 69. The city has a mean per capita income of $26,000 and a mean household income is $43,000 (the Minnesota state average is $53,000). The current unemployment rate is roughly 3.93% and the average housing price is $163,500, which is less than the Minnesota average of $211,500.
Redwood Falls has very harsh average temperatures, with severely cold winters and mildly warm summers. The city gets ideal amounts of precipitation each year. Compared to other cities, Redwood Falls has a low crime rate and good air quality.