Floodwood, MN

Full City Profile · Minnesota · Carlton County County

3.0 /5.0
B Good
482 Population 279/sq mi density
$40,972 Median Income $23,822 per capita
$100,000 Home Value $187,427 Zillow
$667 Median Rent 29.3% income on rent
38°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$40,972 median income, 6.2% unemployment
A+
Affordability
5.0 / 5.0
$100,000 home value, $667/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher

Housing Overview

Median Home Value
$100,000
65% below
US avg: $281,900
Median Rent
$667/mo
43% below
US avg: $1,163/mo
Homeownership Rate
73.2%
12% above US avg (65.4%)
Total Housing Units
280
Median year built: 1961

Home Value by Source

Census Median
$100,000
Zillow (ZHVI)
$187,427
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.2%
Owner-Occupied
26.8%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $667/mo

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
73.2%

Complete Housing Data

Home Values

Census Median Value$100,000
Zillow Home Value (ZHVI)$187,427

Rent

Census Median Rent$667
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Ownership & Stock

Owner-Occupied73.2%
Renter-Occupied26.8%
Homeownership Rate73.2%
Total Housing Units280
Median Year Built1961
Rent Burden29.3%