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Wolf Lake, MN

Minnesota

Wolf Lake is a small town in Minnesota with a population of 104. Residents earn $66,250 per year, which is 12% below the national average.

3.9 /5.0
B+ Good
104 Population 325/sq mi density
$66,250 Median Income $26,184 per capita
$137,500 Home Value
$873 Median Rent 21.3% income on rent
40°F Avg Temperature 276 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$66,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$137,500 home value, $873/mo rent
C
Education
2.4 / 5.0
17.9% bachelor's degree or higher
Median Income $66,250
12% lower than US avg
Home Value $137,500
51% lower than US avg
Bachelor's+ 17.9%
47% lower than US avg
Median Rent $873
25% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 3.3%
73% lower than US avg

How Wolf Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population104
Median Age22.7 yrs
Density325/mi²
Male / Female36% / 64%
Largest GroupWhite 96%
Veterans77.0%

Economy

A
Median Income$66,250
Per Capita$26,184
Unemployment0.0%
Poverty3.3%
County GDP$2,058M
Commute22 min

Housing

A+
Home Value$137,500
Rent$873
OwnershipN/A
Housing Units34
Rent Burden21.3%

Climate

Avg Temp40°F (5°C)
AQI36 (Good)
Rain23.9 in/yr
Sunny Days276/yr
Elevation1,548 ft (472 m)

Education

C
Bachelor's+17.9%
High School+84.6%
Graduate+0.0%
School Score6.08

Community

2024 VoteR 66% / D 33%
Commute22 min
Broadband35.0%
Libraries1

Is Wolf Lake a Good Place to Live?

Based on current data, Wolf Lake receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, abundant sunshine, a low poverty rate. Wolf Lake offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Wolf Lake is $66,250, 12% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 3.3% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Wolf Lake is $137,500, 51% below the national median — offering relatively affordable homeownership. Renters pay a median of $873 per month, below the national average — a plus for affordability. At just 2.1x median income, home prices are very affordable relative to local earnings.

Education

17.9% of residents hold a bachelor's degree, below the national average of 33.7%. 84.6% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Wolf Lake has a cool climate with an average annual temperature of 40°F. Winters average 8°F in January while summers reach 69°F in July. With 276 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 23.9 inches. Air quality is rated Good with a median AQI of 36.

Wolf Lake has a population of 104 with a density of 325 people per square mile. The median age is 22.7 years, 42% younger than the national median of 38.9. The city is predominantly White (96.2%).

Population

104
Total Population
325
People / sq mi
22.7yrs
Median Age
42% below US avg
0.3mi²
Land Area

Gender Distribution

Male 35.6%
Female 64.4%

Race & Ethnicity

Wolf Lake vs U.S. Average

Language Spoken at Home

English Only95.4%
22% above US avg
Spanish4.6%
66% below US avg

Social Characteristics

Wolf Lake vs U.S. Average

The median household income in Wolf Lake is $66,250, which is 12% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 3.3% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Wolf Lake vs U.S.

Commute Mode

Income

Median HH Income$66,250
12% below US avg
Per Capita Income$26,184
Avg Weekly Wage$1,024
IRS Avg AGI$73,290

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate3.3%
73% below US avg
Establishments (County)1,140
County GDP$2,058M

Business (County)

Restaurants83
Healthcare95
Retail135
Manufacturing36

Tax & Cost of Living

Property Tax (IRS)$4,803
37% above US avg
Cost of Living98.60 (100=avg)
Effective Tax Rate3.49%

Commute & Transportation

Commute Time22.3 min
Drive Alone72.6%
Public Transit0.0%
Work from Home6.5%

Walkability

The median home value in Wolf Lake is $137,500, 51% below the national average. Monthly rent averages $873 (25% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$137,500
51% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$873
25% below US avg
Rent Burden21.3%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied37.1%
Housing Units34
Median Year Built1992

Property Tax

Avg Tax (IRS)$4,803
37% above US avg
Effective Rate3.49%
Wolf Lake has an average annual temperature of 40°F (5°C). Winters average 8°F in January while summers reach 69°F in July. Annual precipitation is 23.9 inches. The area enjoys 276 sunny days per year. Air quality is rated Good with a median AQI of 36.

Temperature

8°F Jan (-14°C) 69°F Jul (20°C)
Annual Average40.4°F
25% below US avg
January Average8°F (-14°C)
July Average69°F (20°C)
Sunny Days276 days/yr

Precipitation & Snow

Annual Rainfall23.9 inches
37% below US avg

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,548 ft (472 m)
Area0.3 sq mi (0.8 km²)
Population Density325/sq mi
Coordinates46.8101°N, 95.3503°W
TimezoneAmerica/Chicago
County FIPS27005
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 17.9% of residents hold a bachelor's degree or higher (47% below US avg). In the 2024 election, the county voted Republican by a 33.1-point margin. 35.0% of households have broadband internet.

2024 Presidential Election (County)

R 65.8%
D 32.7%

Winner: Republican by 33.1 points

Education

Bachelor's Degree+17.9%
47% below US avg
High School+84.6%
Graduate Degree+0.0%
School Test Score6.08
C Education Grade (2.4/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density325/sq mi
Total Area0.3 sq mi

Infrastructure & Services

Broadband Access35.0%
Public Libraries1
Healthcare Facilities95
Restaurants83
Retail Stores135

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute22.3 min
Drive Alone72.6%
Public Transit0.0%
Work from Home6.5%

Nearby Cities

Menahga, MN 1,292 pop · 12.3 mi Park Rapids, MN 4,226 pop · 15.6 mi Frazee, MN 1,595 pop · 17.7 mi Perham, MN 3,577 pop · 18.1 mi New York Mills, MN 1,319 pop · 20.1 mi Detroit Lakes, MN 10,002 pop · 23.5 mi Elbow Lake, MN 1,158 pop · 25.0 mi Wadena, MN 4,361 pop · 27.2 mi Pelican Rapids, MN 2,589 pop · 38.6 mi Staples, MN 2,359 pop · 39.5 mi Rice Lake, MN 4,120 pop · 40.8 mi Parkers Prairie, MN 1,089 pop · 45.4 mi Hawley, MN 2,086 pop · 46.0 mi Bagley, MN 1,218 pop · 49.4 mi
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