Also See Floodwood, MN: ZIP Codes & Maps
The City of Floodwood had a population of 567 as of July 1, 2023.
The primary coordinate point for Floodwood is located at latitude 46.9291 and longitude -92.9196 in St. Louis County. The formal boundaries for the City of Floodwood encompass a land area of 1.49 sq. miles and a water area of 0 sq. miles. St. Louis County is in the Central time zone (GMT -6).
The City of Floodwood 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 | 567 (100%) |
Population in Households | 563 (99.3%) |
Population in Families | 439 (77.4%) |
Population in Group Quarters1 | 4 ( 0.7%) |
Population Density | 327 |
Diversity Index2 | 19 |
INCOME | |
Median Household Income | $45,768 |
Average Household Income | $60,810 |
% of Income for Mortgage4 | 30% |
Per Capita Income | $25,319 |
Wealth Index5 | 43 |
Socioeconomic Status Index6 | Low (43.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 285 (100%) |
Owner Occupied HU | 187 (65.6%) |
Renter Occupied HU | 49 (17.2%) |
Vacant Housing Units | 49 (17.2%) |
Median Home Value | $228,846 |
Average Home Value | $248,262 |
Housing Affordability Index3 | 83 |
HOUSEHOLDS | |
Total Households | 236 |
Average Household Size | 2.39 |
Family Households | 131 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 2.04% | -0.21% |
Households | -2.35% | -0.17% |
Families | -0.15% | |
Median Household Income | 1.78% | |
Per Capita Income | 2.84% | |
Owner Occupied HU | -0.54% |
The table below compares Floodwood 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 | # 472 | 48th |
Population Density | # 612 | 33rd |
Median Household Income | # 871 | 5th |
Housing Affordability Index | # 228 | 25th |
Per Capita Income | # 873 | 5th |
Diversity Index | # 497 | 46th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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