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Wood Lake, MN
Full City Profile · Minnesota · Yellow Medicine County County
Wood Lake, MN
At a Glance
How Wood Lake Compares to the U.S. Average
Each bar shows Wood Lake's value as a percentage of the national average (100% = U.S. avg)
Is Wood Lake a Good Place to Live?
Economy & Jobs
Wood Lake residents earn a median household income of $68,958 , which is 8% below the national average of $75,149. Per capita income is $33,407. The unemployment rate stands at 0.9% (75% below the U.S. rate of 3.6%). 1.0% of residents live below the poverty line. The area is home to 388 business establishments, including 24 restaurants.
Housing & Cost of Living
The median home value in Wood Lake is $85,000 , 70% below the national median of $281,900. Zillow estimates the typical home at $166,943. Median rent is $650/month, with 35.0% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1943.
Safety & Crime
Wood Lake reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 763/100K.
Education
16.0% of adults in Wood Lake hold a bachelor's degree or higher (53% below the national average). 92.4% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Wood Lake has an average annual temperature of 45°F (7°C). Winters average 13°F in January while summers reach 72°F in July. The area gets 276 sunny days per year. Annual precipitation totals 28.6 inches. Air quality is rated Good with a median AQI of 36.