Median Income
$55,531
26% lower than US avg
Home Value
$208,800
26% lower than US avg
Bachelor's+
17.2%
49% lower than US avg
Median Rent
$780
33% lower than US avg
Obesity Rate
34.5%
7% higher than US avg
Unemployment
6.8%
89% higher than US avg
Poverty Rate
8.9%
28% lower than US avg
How Lake of the Woods Compares to the U.S. Average (100% = U.S. avg)
People
Population3,227
Median Age54.2 yrs
Density813/mi²
Male / Female47% / 53%
Largest GroupWhite 82%
Economy
B
Median Income$55,531
Per Capita$32,336
Unemployment6.8%
Poverty8.9%
County GDP$2,397M
Commute22 min
Housing
A+
Home Value$208,800
Rent$780
OwnershipN/A
Health
Obesity34.5%
UninsuredN/A
Depression23.0%
Heart Disease5.9%
Climate
Avg Temp49°F
AQI45 (Good)
Rain24.1 in/yr
Elevation6,759 ft
Education
C
Bachelor's+17.2%
High School+87.4%
School Score4.62
Community
2024 VoteR 68% / D 31%
Commute22 min
Libraries9
Is Lake of the Woods a Good Place to Live?
Based on current data, Lake of the Woods receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, below-average incomes. Lake of the Woods offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Lake of the Woods is $55,531, 26% below the national average of $75,149. The unemployment rate of 6.8% is somewhat elevated compared to the national rate of 3.6%. 8.9% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 22 minutes.
Cost of Living & Housing
The median home value in Lake of the Woods is $208,800, 26% below the national median — offering relatively affordable homeownership. Renters pay a median of $780 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.8x indicates a reasonably affordable housing market.
Education
17.2% of residents hold a bachelor's degree, below the national average of 33.7%. 87.4% have completed high school. Area schools have an average test score of 4.6/10.
Climate & Weather
Lake of the Woods experiences four distinct seasons with an average temperature of 49°F. Winters average 33°F in January while summers reach 67°F in July. Annual precipitation totals 24.1 inches, including 70.3 inches of snow. Air quality is rated Good with a median AQI of 45.
Lake of the Woods has a population of 3,227 with a density of 813 people per square mile. The median age is 54.2 years, 39% older than the national median of 38.9. The city is predominantly White (81.5%), with 5.6% Hispanic.
Population
54.2yrs
Median Age
39% above US avg
Race & Ethnicity
Lake of the Woods vs U.S. Average
Language Spoken at Home
| English Only | 85.4% |
| 9% above US avg |
| Spanish | 14.6% |
| 9% above US avg |
Social Characteristics
Lake of the Woods vs U.S. Average
The median household income in Lake of the Woods is $55,531, which is 26% below the national average of $75,149. The unemployment rate is 6.8% (above the 3.6% US average). 8.9% of residents live below the poverty line. Workers commute an average of 22 minutes.
Income: Lake of the Woods vs U.S.
Income
| Median HH Income | $55,531 |
| 26% below US avg |
| Per Capita Income | $32,336 |
| Avg Weekly Wage | $1,090 |
| IRS Avg AGI | $62,582 |
Employment & Poverty
| Unemployment | 6.8% |
| 89% above US avg |
| Poverty Rate | 8.9% |
| 28% below US avg |
| Establishments (County) | 1,138 |
| County GDP | $2,397M |
Business (County)
| Restaurants | 138 |
| Healthcare | 139 |
| Retail | 136 |
| Manufacturing | 17 |
Tax & Cost of Living
| Property Tax (IRS) | $3,723 |
| 6% above US avg |
| Effective Tax Rate | 1.78% |
Commute & Transportation
| Commute Time | 21.5 min |
| Work from Home | 6.0% |
The median home value in Lake of the Woods is $208,800, 26% below the national average. Monthly rent averages $780 (33% below US avg).
Home Values
| Census Median | $208,800 |
| 26% below US avg |
| Median List Price | $525,000 |
Real Estate Market (Redfin)
| Median List Price | $525,000 |
| $/Sq Ft | $240 |
| Homes Sold | 1 |
| Sale-to-List Ratio | 98.3% |
| Price Drops | 12.5% |
| Inventory | 24 |
Rental Costs
| Census Median Rent | $780 |
| 33% below US avg |
HUD Fair Market Rent
| Studio | $1,053 |
| 1 Bedroom | $1,151 |
| 2 Bedrooms | $1,419 |
| 3 Bedrooms | $1,889 |
| 4 Bedrooms | $2,158 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $3,723 |
| 6% above US avg |
| Effective Rate | 1.78% |
In Lake of the Woods, 34.5% of adults are obese (above the 32.1% national rate). 23.0% report depression. 21.5% are physically inactive.
Health Metrics: Lake of the Woods vs U.S. Average (%)
Chronic Conditions
| Obesity | 34.5% |
| 7% above US avg |
| Diabetes | 9.6% |
| Heart Disease | 5.9% |
| High Blood Pressure | 32.0% |
| Asthma | 12.0% |
| COPD | 7.4% |
| Stroke | 3.3% |
Behaviors & Mental Health
| |
| Binge Drinking | 14.7% |
| Physical Inactivity | 21.5% |
| Depression | 23.0% |
| Mental Distress | 18.2% |
| Physical Distress | 13.6% |
Healthcare Access
| Insurance Rate | 74.1% |
| |
| Checkup Rate | 67.8% |
| Premature Death | 19,407/100K |
Food & Exercise
| Food Environment | 6.7/10 |
| Exercise Access | 87.8% |
| Healthcare Facilities | 139 |
Crime Rates: Lake of the Woods vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 22 |
| FEMA Disasters | 273 |
Safety Score
Lake of the Woods has an average annual temperature of 49°F (10°C). Winters average 33°F in January while summers reach 67°F in July. Annual precipitation is 24.1 inches. Air quality is rated Good with a median AQI of 45.
Temperature
33°F Jan (0°C)
67°F Jul (20°C)
| Annual Average | 49.2°F |
| 9% below US avg |
| January Average | 33°F (0°C) |
| July Average | 67°F (20°C) |
Precipitation & Snow
| Annual Rainfall | 24.1 inches |
| 37% below US avg |
| Snowfall | 70.3 inches/yr |
Air Quality
| AQI Median | 45.0 |
| Rating | Good |
Geography
| Elevation | 6,759 ft (2,060 m) |
| Area | 4.0 sq mi (10.3 km²) |
| Population Density | 813/sq mi |
| Coordinates | 34.1526°N, 109.9943°W |
| County FIPS | 04007 |