Wood Lake city, Minnesota Demographics & Population 2026
As of 2026, Wood Lake city, Minnesota has a total population of 398, the 559th largest city in Minnesota, with a median household income of $68,958, which is 21% lower than the state average. The poverty rate is 7.5%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.2x.
- Near full employment with an unemployment rate of just 1.5%.
Wood Lake city Quick Facts
How Wood Lake city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Wood Lake city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Yellow Medicine County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Granite Falls city | 2,612 | $59,402 | 9.3% | $139,700 |
| Canby city | 1,563 | $58,839 | 12.0% | $131,800 |
| Clarkfield city | 868 | $57,232 | 11.4% | $86,400 |
| Hanley Falls city | 288 | $57,917 | 13.5% | $76,700 |
| Echo city | 205 | $65,625 | 20.5% | $88,300 |
| Porter city | 190 | $54,125 | 11.6% | $99,300 |
| St. Leo city | 129 | $57,500 | 14.7% | N/A |
| Hazel Run city | 74 | $76,250 | 0.0% | $115,600 |
Cities Similar to Wood Lake city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hartland city | 400 | $64,833 | $135,600 | 28.0% | 7.8% |
| Belview city | 399 | $62,000 | $79,500 | 9.2% | 26.2% |
| Hanska city | 391 | $63,750 | $88,300 | 11.1% | 14.6% |
| Altura city | 413 | $65,833 | $171,900 | 16.0% | 8.2% |
| Hollandale city | 380 | $67,000 | $141,200 | 14.8% | 20.6% |
Population Overview
Wood Lake city is a small community located in Minnesota, within Yellow Medicine County. The total population is 398. It ranks as the 559th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Wood Lake city is 46.5 years. This is 20% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Wood Lake city is $68,958. This is 21% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 12% lower. The poverty rate stands at 7.5%. This is 18% lower than the state poverty rate of 9.2%. The unemployment rate is 1.5%. This is 62% lower than the state rate of 3.9%. The median home value is $85,000. Housing costs are 72% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.2x, Wood Lake city is one of the most affordable housing markets in the area. 86.7% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 72.4%.
Race & Ethnicity
Wood Lake city has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Hispanic or Latino residents account for 3.5%. The Black or African American population (1.0%) is well below the state average of 6.7%.
Education
16.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.4%.
Data Sources & Methodology
All demographic data for Wood Lake city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Wood Lake city, Minnesota?
Wood Lake city, Minnesota has a population of 398 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Wood Lake city, MN?
The median household income in Wood Lake city is $68,958, which is 12% lower the national median of $78,538.
What is the poverty rate in Wood Lake city, MN?
The poverty rate in Wood Lake city is 7.5%. This means approximately 30 residents live below the federal poverty line.
What is the racial makeup of Wood Lake city, Minnesota?
Wood Lake city's population is 88.4% White, 1.0% Black, 3.5% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Wood Lake city, MN?
The median home value in Wood Lake city is $85,000. The home-value-to-income ratio is 1.2x.
How educated is Wood Lake city, Minnesota?
16.0% of adults (25+) in Wood Lake city hold a bachelor's degree or higher, and 3.1% hold a graduate or professional degree.