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Wood Lake, MN
Full City Profile · Minnesota · Yellow Medicine County County
3.5
/5.0
B+
Good
398
Population
531/sq mi density
$68,958
Median Income
$33,407 per capita
$85,000
Home Value
$166,943 Zillow
$650
Median Rent
35.0% income on rent
45°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$68,958 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$85,000 home value, $650/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
16.0% bachelor's degree or higher
Housing Overview
Median Home Value
$85,000
70% below
US avg: $281,900
Median Rent
$650/mo
44% below
US avg: $1,163/mo
Homeownership Rate
86.7%
33% above US avg (65.4%)
Total Housing Units
164
Median year built: 1943
Home Value by Source
Census Median
$85,000
Zillow (ZHVI)
$166,943
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.7%
Owner-Occupied
13.3%
Renter-Occupied
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:
$650/mo
Affordability & Housing Stock
Rent Burden
35.0%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
86.7%
Complete Housing Data
Home Values
| Census Median Value | $85,000 |
| Zillow Home Value (ZHVI) | $166,943 |
Rent
| Census Median Rent | $650 |
| 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-Occupied | 86.7% |
| Renter-Occupied | 13.3% |
| Homeownership Rate | 86.7% |
| Total Housing Units | 164 |
| Median Year Built | 1943 |
| Rent Burden | 35.0% |