Also See Wood Lake, MN: ZIP Codes & Maps
The City of Wood Lake had a population of 360 as of July 1, 2023.
The primary coordinate point for Wood Lake is located at latitude 44.6527 and longitude -95.5384 in Yellow Medicine County. The formal boundaries for the City of Wood Lake encompass a land area of 0.81 sq. miles and a water area of 0 sq. miles. Yellow Medicine County is in the Central time zone (GMT -6).
The City of Wood Lake has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 360 (100%) |
Population in Households | 360 (100.0%) |
Population in Families | 286 (79.4%) |
Population in Group Quarters1 | 0 |
Population Density | 478 |
Diversity Index2 | 21 |
INCOME | |
Median Household Income | $72,450 |
Average Household Income | $89,527 |
% of Income for Mortgage4 | 12% |
Per Capita Income | $39,292 |
Wealth Index5 | 81 |
Socioeconomic Status Index6 | Moderate (58.7) |
HOUSING | |
---|---|
Total HU (Housing Units) | 172 (100%) |
Owner Occupied HU | 137 (79.7%) |
Renter Occupied HU | 21 (12.2%) |
Vacant Housing Units | 14 ( 8.1%) |
Median Home Value | $143,182 |
Average Home Value | $174,270 |
Housing Affordability Index3 | 200 |
HOUSEHOLDS | |
Total Households | 158 |
Average Household Size | 2.28 |
Family Households | 93 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.73% | -0.62% |
Households | -0.58% | -0.64% |
Families | -0.88% | |
Median Household Income | 1.33% | |
Per Capita Income | 2.54% | |
Owner Occupied HU | -0.89% |
The table below compares Wood Lake to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 567 | 38th |
Population Density | # 506 | 45th |
Median Household Income | # 412 | 55th |
Housing Affordability Index | # 846 | 93rd |
Per Capita Income | # 438 | 52nd |
Diversity Index | # 431 | 53rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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