Deerwood, MN
Full City Profile · Minnesota · Aitkin County County
Deerwood, MN
At a Glance
How Deerwood Compares to the U.S. Average
Each bar shows Deerwood's value as a percentage of the national average (100% = U.S. avg)
Is Deerwood a Good Place to Live?
Economy & Jobs
Deerwood residents earn a median household income of $62,679 , which is 17% below the national average of $75,149. Per capita income is $30,013. The unemployment rate stands at 4.6% (28% above the U.S. rate of 3.6%). 8.1% of residents live below the poverty line. The area is home to 476 business establishments, including 55 restaurants.
Housing & Cost of Living
The median home value in Deerwood is $214,700 , 24% below the national median of $281,900. Zillow estimates the typical home at $439,996. Median rent is $920/month, with 23.9% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1977.
Safety & Crime
Deerwood reports 173 violent crimes per 100,000 residents , which is 54% below the national average of 380/100K. Property crime is 0/100K.
Education
30.5% of adults in Deerwood hold a bachelor's degree or higher (9% below the national average). 89.5% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Deerwood has an average annual temperature of 42°F (6°C). Winters average 11°F in January while summers reach 70°F in July. Annual precipitation totals 24.5 inches.