Skip to main content

Deerwood, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Deerwood, Minnesota had a total population of 710, the 424th largest city in Minnesota, with a median household income of $62,981, which is 29% lower than the state average. The poverty rate is 10.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Deerwood Quick Facts

Population 710
Median Household Income $62,981
Median Home Value $225,000
Poverty Rate 10.8%
Unemployment Rate 4.8%
Median Age 35.7 years
Homeownership Rate 59.3%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 27.0%
High School Graduation Rate 90.7%
Diversity Index 15/100
Population 710 424th of 914
Median Income $62,981 below average
Poverty Rate 10.8% 13% lower than national
Median Home Value $225,000 above average

How Deerwood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population649710+9.4%
Median household income$62,679$62,981+0.5%
Median home value$214,700$225,000+4.8%

How Deerwood Compares

Economy & Housing

Household Income Distribution

Under $25K 21.9%
$25K-$50K 13.3%
$50K-$100K 35.6%
$100K+ 29.3%
Detailed income brackets
Under $10K
1.1%
$10K-$15K
9.6%
$15K-$20K
0.7%
$20K-$25K
10.4%
$25K-$30K
0.0%
$30K-$35K
5.6%
$35K-$40K
0.7%
$40K-$45K
5.9%
$45K-$50K
1.1%
$50K-$60K
11.5%
$60K-$75K
18.1%
$75K-$100K
5.9%
$100K-$125K
5.9%
$125K-$150K
6.3%
$150K-$200K
10.7%
$200K+
6.3%

Employment

4.8% Unemployment Rate State: 4.1%|National: 5.2%
57.3% Labor Force Participation

Housing Overview

Owner 59.3%
Renter 40.7%
Affordability Index Affordable
3.6x home value to income ratio
Median gross rent $711/mo 13.5% of median household income annually

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Deerwood Rankings in Minnesota

#424 Population of 914
#558 Median Income of 887
#284 Education of 914
#309 Home Value of 870

Other Cities in Crow Wing County

CityPopulationMedian IncomePovertyHome Value
Brainerd 14,468 $56,111 15.0% $192,500
Baxter 8,966 $70,688 13.1% $324,100
Breezy Point 2,687 $85,938 6.2% $340,800
Crosslake 2,521 $79,635 8.6% $473,700
Crosby 2,218 $41,554 16.9% $185,600
Pequot Lakes 2,079 $63,699 6.6% $289,300
Nisswa 1,954 $100,000 5.0% $481,200
Emily 693 $68,250 15.3% $348,800
Ironton 621 $62,813 14.3% $144,000
Jenkins 508 $74,250 6.9% $275,000

Cities Similar to Deerwood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kimball709$66,146$232,20018.6%11.3%
Raymond692$64,563$158,10017.0%15.6%
Mabel730$59,392$131,40019.4%8.5%
Twin Valley719$57,500$93,40011.6%10.0%
Emily693$68,250$348,80026.9%15.3%

A note before these figures: with a population of 710, Deerwood's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Deerwood is a small community located in Minnesota, within Crow Wing County. The total population is 710. It ranks as the 424th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Deerwood is 35.7 years. This is 8% lower than the state median of 38.8 years. With 38.0% of the population under 18, Deerwood has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Deerwood is $62,981. This is 29% lower than the state median of $89,062. It is also 22% lower than the national median of $80,734. The poverty rate stands at 10.8%. This is 17% higher than the state poverty rate of 9.3%. The unemployment rate is 4.8%. This is 17% higher than the state rate of 4.1%. The median home value is $225,000. Housing costs are 32% lower than the state median of $329,300. The home-value-to-income ratio is 3.6x. 59.3% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 72.2%.

Race & Ethnicity

Deerwood has a predominantly White (non-Hispanic) population, comprising 91.7% of all residents.

Education

27.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.7%.

Data Sources & Methodology

All demographic data for Deerwood, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Deerwood, Minnesota?

Deerwood, Minnesota has a population of 710 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Deerwood, MN?

The median household income in Deerwood is $62,981, which is 22% lower than the national median of $80,734.

What is the poverty rate in Deerwood, MN?

The poverty rate in Deerwood is 10.8%. This means approximately 77 residents live below the federal poverty line.

What is the racial makeup of Deerwood, Minnesota?

Deerwood's population is 91.7% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Deerwood, MN?

The median home value in Deerwood is $225,000. The home-value-to-income ratio is 3.6x.

How educated is Deerwood, Minnesota?

27.0% of adults (25+) in Deerwood hold a bachelor's degree or higher, and 10.7% hold a graduate or professional degree.