Skip to main content

Floodwood, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Floodwood, Minnesota had a total population of 497, the 500th largest city in Minnesota, with a median household income of $36,563, which is 59% lower than the state average. The poverty rate is 24.1%.

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

Key Takeaways

Floodwood Quick Facts

Population 497
Median Household Income $36,563
Median Home Value $92,100
Poverty Rate 24.1%
Unemployment Rate 4.3%
Median Age 41.4 years
Homeownership Rate 71.2%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 6.4%
High School Graduation Rate 90.5%
Diversity Index 24/100
Population 497 500th of 914
Median Income $36,563 bottom 10%
Poverty Rate 24.1% 94% higher than national
Median Home Value $92,100 bottom 20%

How Floodwood 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
Population482497+3.1%
Median household income$40,972$36,563-10.8%
Median home value$100,000$92,100-7.9%

How Floodwood Compares

Economy & Housing

Household Income Distribution

Under $25K 28.8%
$25K-$50K 31.6%
$50K-$100K 25.6%
$100K+ 14.0%
Detailed income brackets
Under $10K
2.3%
$10K-$15K
13.5%
$15K-$20K
7.9%
$20K-$25K
5.1%
$25K-$30K
8.4%
$30K-$35K
9.3%
$35K-$40K
6.5%
$40K-$45K
3.7%
$45K-$50K
3.7%
$50K-$60K
5.6%
$60K-$75K
11.2%
$75K-$100K
8.8%
$100K-$125K
5.1%
$125K-$150K
2.3%
$150K-$200K
5.1%
$200K+
1.4%

Employment

4.3% Unemployment Rate State: 4.1%|National: 5.2%
56.6% Labor Force Participation

Housing Overview

Owner 71.2%
Renter 28.8%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $653/mo 21.4% of median household income annually

People & Demographics

Diversity Index

24out 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

Floodwood Rankings in Minnesota

#500 Population of 914
#863 Median Income of 887
#836 Education of 914
#761 Home Value of 870

Other Cities in St. Louis County

CityPopulationMedian IncomePovertyHome Value
Duluth 87,093 $68,807 16.8% $242,700
Hibbing 16,057 $55,789 16.2% $130,200
Hermantown 10,218 $90,849 5.4% $382,300
Virginia 8,332 $51,720 18.0% $120,600
Chisholm 4,712 $50,891 14.0% $109,200
Rice Lake 4,153 $89,663 7.2% $309,600
Eveleth 3,448 $50,725 14.8% $97,600
Ely 3,240 $43,901 13.9% $157,300
Proctor 3,100 $67,377 5.8% $224,700
Mountain Iron 2,860 $83,293 11.5% $192,800

Cities Similar to Floodwood

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hill City503$37,396$162,00015.9%27.0%
Naytahwaush478$37,917$88,8007.3%35.6%
Barnum503$43,438$155,20019.6%18.5%
Elmore451$41,250$46,7009.8%24.4%
Crown College422N/AN/A0.0%0.0%

A note before these figures: with a population of 497, Floodwood'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

Floodwood is a small community located in Minnesota, within St. Louis County. The total population is 497. It ranks as the 500th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Floodwood is 41.4 years. This is 7% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Floodwood is $36,563. This is 59% lower than the state median of $89,062. It is also 55% lower than the national median of $80,734. The poverty rate stands at 24.1%. This is 159% higher than the state poverty rate of 9.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.3%. This is 7% higher than the state rate of 4.1%. The median home value is $92,100. Housing costs are 72% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.5x, Floodwood is one of the most affordable housing markets in the area. 71.2% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 72.2%.

Race & Ethnicity

Floodwood has a predominantly White (non-Hispanic) population, comprising 86.9% of all residents. Black or African American residents account for 2.8%. The Black or African American population (2.8%) is well below the state average of 7.0%. The Hispanic or Latino population (0.8%) is well below the state average of 6.4%. The Asian population (0.4%) is well below the state average of 5.1%.

Education

6.4% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 84% 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 90.5%.

Data Sources & Methodology

All demographic data for Floodwood, 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 Floodwood, Minnesota?

Floodwood, Minnesota has a population of 497 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Floodwood, MN?

The median household income in Floodwood is $36,563, which is 55% lower than the national median of $80,734.

What is the poverty rate in Floodwood, MN?

The poverty rate in Floodwood is 24.1%. This means approximately 116 residents live below the federal poverty line.

What is the racial makeup of Floodwood, Minnesota?

Floodwood's population is 86.9% White, 2.8% Black, 0.8% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Floodwood, MN?

The median home value in Floodwood is $92,100. The home-value-to-income ratio is 2.5x.

How educated is Floodwood, Minnesota?

6.4% of adults (25+) in Floodwood hold a bachelor's degree or higher, and 0.9% hold a graduate or professional degree.