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Deerwood, MN
Full City Profile · Minnesota · Aitkin County County
3.3
/5.0
B
Good
649
Population
436/sq mi density
$62,679
Median Income
$30,013 per capita
$214,700
Home Value
$410,740 Zillow
$920
Median Rent
23.9% income on rent
41°F
Avg Temperature
276 sunny days/yr
254
Violent Crime/100K
4,191 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$62,679 median income, 2.7% unemployment
A+
Affordability
4.8 / 5.0
$214,700 home value, $920/mo rent
F
Safety
1.0 / 5.0
254 violent crimes/100K
B
Education
3.4 / 5.0
30.5% bachelor's degree or higher
Income Overview
Median Household Income
$62,679
17% below
US avg: $75,149
Per Capita Income
$30,013
23% below
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
8.1%
35% below
US avg: 12.4%
Income Comparison: Deerwood vs. U.S. Average
Each bar shows Deerwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,679
83%
Per Capita
US: $39,052
$30,013
77%
IRS Avg AGI
US: $72,000
$67,457
94%
Avg Weekly Wage
US: $1,432
$917
64%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$917
36% below US avg ($1,432)
Mean Commute Time
22 min
19% below US avg (28 min)
Work From Home
6.7%
56% below US avg (15.2%)
Drive Alone
73.3%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$674M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.3%
Public Transit
0%
Work From Home
6.7%
Other
20%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
476
Restaurants
55
Healthcare
39
Retail
65
Manufacturing
21
Tax & Financial
IRS Avg Adjusted Gross Income
$67,457
6% below US avg ($72,000)
Avg Property Tax
$3,500
0% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,679 |
| Per Capita Income | $30,013 |
| IRS Avg Adjusted Gross Income | $67,457 |
| Avg Weekly Wage | $917 |
| County GDP | $674M |
Hardship Indicators
| Unemployment Rate | 2.7% |
| Poverty Rate | 8.1% |
| Gini Coefficient | 0.436 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 73.3% |
| Public Transit | 0.0% |
| Work From Home | 6.7% |
Businesses
| Total Establishments | 476 |
| Restaurants | 55 |
| Healthcare | 39 |
| Retail | 65 |
| Manufacturing | 21 |
Tax
| IRS Avg AGI | $67,457 |
| Avg Property Tax | $3,500 |