Wood Lake, MN Profile: Facts & Data

Wood Lake, Minnesota - Basic Facts

The City of Wood Lake had a population of 358 as of July 1, 2025.

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.

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Wood Lake, MN Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	358 (100%)
Population in Households	358 (100.0%)
Population in Families	285 (79.6%)
Population in Group Quarters¹	0
Population Density	475
Diversity Index²	25


INCOME
Median Household Income	$72,586
Average Household Income	$84,422
% of Income for Mortgage⁴	16%
Per Capita Income	$36,787
Wealth Index⁵	72
Socioeconomic Status Index⁶	Moderate (57.7)

HOUSING
Total HU (Housing Units)	170 (100%)
Owner Occupied HU	147 (86.5%)
Renter Occupied HU	9 ( 5.3%)
Vacant Housing Units	14 ( 8.2%)
Median Home Value	$190,278
Average Home Value	$244,932
Housing Affordability Index³	131

HOUSEHOLDS
Total Households	156
Average Household Size	2.29
Family Households	93
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

170 (100%)

Owner Occupied HU

147 (86.5%)

Renter Occupied HU

9 ( 5.3%)

Vacant Housing Units

14 ( 8.2%)

Median Home Value

$190,278

Average Home Value

$244,932

Housing Affordability Index³

131

HOUSEHOLDS

Total Households

156

Average Household Size

2.29

Family Households

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-1.18%	-0.28%
Households	-0.60%	-0.39%
Families		-0.43%
Median Household Income		-1.50%
Per Capita Income		1.89%
Owner Occupied HU		-1.11%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

-1.18%

-0.28%

Households

-0.60%

-0.39%

Families

-0.43%

Median Household Income

-1.50%

Per Capita Income

1.89%

Owner Occupied HU

-1.11%

Wood Lake, MN - Peer Comparisons by Rank and Percentile

The table below compares Wood Lake to the other 915 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2025 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	# 571	38th
Population Density	# 509	44th
Median Household Income	# 568	38th
Housing Affordability Index	# 787	86th
Per Capita Income	# 618	33rd
Diversity Index	# 375	59th

Variable Description

Rank

Percentile

Total Population

# 571

38th

Population Density

# 509

44th

Median Household Income

# 568

38th

Housing Affordability Index

# 787

86th

Per Capita Income

# 618

33rd

Diversity Index

# 375

59th

Minnesota Census Data Comparison Tool

Wood Lake, MN Profile: Facts & Data

Wood Lake, Minnesota - Basic Facts

Wood Lake, MN Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wood Lake, MN - Peer Comparisons by Rank and Percentile

Wood Lake, MN - Most Popular Things to Do

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Yellow Medicine County