Deerwood
Deerwood has notably lower household income than the US average, with a median household income of $43,125. Population has declined 11% since 2000. Median home value has more than doubled since 2000, reaching $208,900. The poverty rate of 23.5% is well above the national figure. Households here earn about 41% less than the Minnesota median.
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How many people live in Deerwood, Minnesota?
Deerwood, Minnesota has about 526 residents according to the 2020 American Community Survey.
What is the median household income in Deerwood, Minnesota?
The typical household in Deerwood, Minnesota earns about $43,125 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 $208,900, and the typical rent is about $440 a month.
How educated are people in Deerwood, Minnesota?
About 27.8% 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 23.5% 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 12 residents, a change of about 2 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024