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
- Household income is 59% below the state average, indicating significant economic challenges.
- Only 6.4% of adults have a bachelor's degree, well below the national average of 35.7%.
Floodwood Quick Facts
How Floodwood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 482 | 497 | +3.1% |
| Median household income | $40,972 | $36,563 | -10.8% |
| Median home value | $100,000 | $92,100 | -7.9% |
How Floodwood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Floodwood Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in St. Louis County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hill City | 503 | $37,396 | $162,000 | 15.9% | 27.0% |
| Naytahwaush | 478 | $37,917 | $88,800 | 7.3% | 35.6% |
| Barnum | 503 | $43,438 | $155,200 | 19.6% | 18.5% |
| Elmore | 451 | $41,250 | $46,700 | 9.8% | 24.4% |
| Crown College | 422 | N/A | N/A | 0.0% | 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.