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Floodwood, MN

Full City Profile · Minnesota · Carlton County County

2.8 /5.0
C+ Fair
482 Population 279/sq mi density
$40,972 Median Income $23,822 per capita
$100,000 Home Value $169,181 Zillow
$667 Median Rent 29.3% income on rent
38°F Avg Temperature 276 sunny days/yr
191 Violent Crime/100K 1,338 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$40,972 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$100,000 home value, $667/mo rent
F
Safety
1.0 / 5.0
191 violent crimes/100K
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher

Income Overview

Median Household Income
$40,972
45% below
US avg: $75,149
Per Capita Income
$23,822
39% below
US avg: $39,052
Unemployment Rate
3.5%
3% below
US avg: 3.6%
Poverty Rate
6.3%
49% below
US avg: 12.4%

Income Comparison: Floodwood vs. U.S. Average

Each bar shows Floodwood’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$40,972
55%
Per Capita
US: $39,052
$23,822
61%
IRS Avg AGI
US: $72,000
$67,169
93%
Avg Weekly Wage
US: $1,432
$1,117
78%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,117
22% below US avg ($1,432)
Mean Commute Time
37 min
33% above US avg (28 min)
Work From Home
13.4%
12% below US avg (15.2%)
Drive Alone
72.0%
2% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,907M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 72%
Public Transit 0%
Work From Home 13.4%
Other 14.6%
Average commute time
37 minutes
US avg: 28 min

Business Landscape

Total Establishments
816
Restaurants
54
Healthcare
102
Retail
99
Manufacturing
27

Tax & Financial

IRS Avg Adjusted Gross Income
$67,169
7% below US avg ($72,000)
Avg Property Tax
$4,404
26% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$40,972
Per Capita Income$23,822
IRS Avg Adjusted Gross Income$67,169
Avg Weekly Wage$1,117
County GDP$1,907M

Hardship Indicators

Unemployment Rate3.5%
Poverty Rate6.3%
Gini Coefficient0.407
Cost of Living Index98.6

Commute

Mean Commute37 minutes
Drive Alone72.0%
Public Transit0.0%
Work From Home13.4%

Businesses

Total Establishments816
Restaurants54
Healthcare102
Retail99
Manufacturing27

Tax

IRS Avg AGI$67,169
Avg Property Tax$4,404