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CITY

Deerwood

Minnesota · 572 residents (2025 est.) · 1.489 sq mi
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The short version

Deerwood has lower-than-average household income, with a median household income of $62,981. Population has grown 20% since 2000. Median home value has more than doubled since 2000, reaching $225,000. Households here earn about 29% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.7
US median: 38.9
Less educated
27% hold a bachelor's degree
US average: 36%
Less affordable
home values up 41%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
710
+20%since 2000
from 590 in 2000
1990 – 2025
Population density
477 / sq mi
+20%since 2000
from 396 / sq mi in 2000
US average: 281
Median age
35.7
−13%since 2000
from 40.9 in 2000
US average: 38.9

PEP 2025 EST:572 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
3024135256367471990201020202024Deerwood
2024710
1990201020202024
Section 02

Income & economy

Median household income
$62,981
+15%inflation adjusted, since 2000
from $30,069 in 2000
US average: $82,259
1990 – 2024
Per capita income
$33,533
+114%since 2000
from $15,697 in 2000
US average: $44,673
Households earning $100K+
35.2%
+22.1 ptssince 2009
from 13.0% in 2009
US average: 53.3%
Poverty rate
10.8%
−2.9 ptssince 2000
from 13.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.473
+27%since 2010
from 0.371 in 2010
US average: 0.476
Workforce by industry, 2024
Information10%
US avg: 10.8%
Retail trade7.3%
US avg: 9.9%
Wholesale trade4.7%
US avg: 6.9%
Agriculture, forestry, fishing4.3%
US avg: 1.6%
Construction4.3%
US avg: 1.2%
Finance & insurance1.3%
US avg: 5.9%
Education & health services1.3%
US avg: 0.9%
Arts, entertainment, food0.7%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Professional, scientific, technical0%
US avg: 5.1%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$225,000
+41%inflation adjusted, since 2000
from $87,700 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$711
+23%inflation adjusted, since 2000
from $318 in 2000
US average: $1,442
Owner-occupied
59.3%
−4.8 ptssince 2000
from 64.1% in 2000
40.7% rent
Vacancy rate
18.9%
−12.2 ptssince 2009
from 31.1% in 2009
US average: 10.0%
Owner cost-burdened
16.9%
−6.5 ptssince 2009
from 23.4% in 2009
US average: 22.9%
Renter cost-burdened
40.9%
+30.9 ptssince 2009
from 10.0% in 2009
US average: 47.4%
Afford Score
3.6
+22%since 2000
from 2.9 in 2000
1990 – 2024
Gentrification Score
79
RELATED:See current rent listings in Deerwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.9%(572)
Black1%(6)
Hispanic / Latino0.5%(3)
Asian0.2%(1)
Other0%
Diversity Score4.2%(25)
2024
White, non-Hispanic91.7%(651)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other8.3%(59)
Diversity Score19%(135)
Diversity Score
19
+349%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
27.0%
+14.6 ptssince 2000
from 12.4% in 2000
US average: 35.6%
High school or higher
90.7%
+9.2 ptssince 2000
from 81.5% in 2000
US average: 89.6%
Graduate degree
10.7%
+7.5 ptssince 2000
from 3.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
17.5 min
+24%since 2000
from 14.2 min in 2000
US average: 26.5
Drive alone to work
76.3%
−0.8 ptssince 2009
from 77.1% in 2009
US average: 68.9%
Carpooled to work
17.3%
+8.0 ptssince 2009
from 9.4% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
6.3%
+3.2 ptssince 2009
from 3.1% in 2009
US average: 15.0%
Walked to work
0.0%
−8.9 ptssince 2009
from 8.9% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.0%
−5.2 ptssince 2009
from 8.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.8%
+1.4 ptssince 2011
from 3.4% in 2011
US average: 5.2%
Labor force participation
57.3%
−13.8 ptssince 2011
from 71.0% in 2011
US average: 63.5%
Self-employed
15.0%
+1.5 ptssince 2009
from 13.5% in 2009
US average: 13.1%
Management & professional
45.7%
−14.8 ptssince 2009
from 60.4% in 2009
US average: 42.5%
Section 08

People & community

Male
42.0%
−9.9 ptssince 2009
from 51.9% in 2009
Female
58.0%
+9.9 ptssince 2009
from 48.1% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
2.7%
−47.5 ptssince 2009
from 50.2% in 2009
US average: 6.2%
With a disability
13.4%
−3.9 ptssince 2012
from 17.3% in 2012
US average: 13.3%
Uninsured
1.4%
−73.2 ptssince 2013
from 74.6% in 2013
US average: 8.4%
Broadband at home
87.8%
+19.7 ptssince 2017
from 68.1% in 2017
US average: 91.0%
English only at home
99.9%
+0.7 ptssince 2016
from 99.1% in 2016
US average: 77.7%
Spanish at home
0.0%
−0.3 ptssince 2016
from 0.3% in 2016
US average: 13.6%
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Head to head

Compare Deerwood to nearby cities

DEERWOOD VS
Brainerd
Income$56,111−11%
Home value$192,500−14%
Population14,428+2422%
SEE FULL COMPARISON →
DEERWOOD VS
Baxter
Income$70,688+12%
Home value$324,100+44%
Population9,217+1511%
SEE FULL COMPARISON →
DEERWOOD VS
Little Falls
Income$47,863−24%
Home value$202,600−10%
Population9,277+1522%
SEE FULL COMPARISON →
DEERWOOD VS
Grand Rapids
Income$61,029−3%
Home value$213,800−5%
Population11,181+1855%
SEE FULL COMPARISON →
Frequently asked

How many people live in Deerwood, Minnesota?

Deerwood, Minnesota has about 710 residents according to the 2024 American Community Survey.

What is the median household income in Deerwood, Minnesota?

The typical household in Deerwood, Minnesota earns about $62,981 a year. Half of households make more than that, and half make less.

Is Deerwood, Minnesota expensive?

In Deerwood, Minnesota, the median home is worth about $225,000, and the typical rent is about $711 a month.

How educated are people in Deerwood, Minnesota?

About 27.0% of adults age 25 and over in Deerwood, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Deerwood, Minnesota?

About 10.8% of people in Deerwood, Minnesota live below the federal poverty line.

Has Deerwood, Minnesota grown since 1990?

Yes, Deerwood, Minnesota has grown since 1990. The population has added about 196 residents, a change of about 38 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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