Deerwood vs Fifty Lakes

A side-by-side comparison of Deerwood and Fifty Lakes: population, income, housing, and more.

Deerwood and Fifty Lakes are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Deerwood has the higher population (649 vs 463 in Fifty Lakes). Fifty Lakes has the higher median household income ($79,773 vs $62,679 in Deerwood). Fifty Lakes has the higher median home value ($401,000 vs $214,700 in Deerwood).

Population, income & housing

	Deerwood	Fifty Lakes
Population	649	463
Median age	30.8 yrs	65.1 yrs
Median household income	$62,679	$79,773
Median home value	$214,700	$401,000
Median gross rent	$920	—
Housing units	292	612
Homeownership rate	56.4%	93.5%
Bachelor's degree or higher	30.5%	37.4%
Unemployment rate	4.6%	2.8%

Trends (ACS 5-year, 2019–2023)

	Deerwood	Fifty Lakes
Population	553 → 649 (+17.4%)	340 → 463 (+36.2%)
Median household income	$35,208 → $62,679 (+78.0%)	$48,125 → $79,773 (+65.8%)
Median home value	$112,900 → $214,700 (+90.2%)	$288,200 → $401,000 (+39.1%)
Median gross rent	$550 → $920 (+67.3%)	—

Deerwood

Population

553649

Median household income

$35,208$62,679

Median home value

$112,900$214,700

Median gross rent

$550$920

Fifty Lakes

Population

340463

Median household income

$48,125$79,773

Median home value

$288,200$401,000

Age & race/ethnicity

Age distribution (share)

	Deerwood	Fifty Lakes
Under 5	2.3%	0.0%
5 to 17	39.1%	6.0%
18 to 24	4.5%	6.3%
25 to 34	9.7%	4.1%
35 to 44	12.5%	3.7%
45 to 54	14.2%	9.3%
55 to 64	6.5%	20.5%
65 to 74	5.1%	27.4%
75 and over	6.2%	22.7%

Race & ethnicity (share)

	Deerwood	Fifty Lakes
White (non-Hispanic)	89.8%	98.9%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.2%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	10.0%	1.1%
Hispanic or Latino	0.0%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Deerwood	Fifty Lakes
No high school diploma	10.5%	5.2%
High school graduate	24.5%	27.3%
Some college or associate's	34.5%	30.0%
Bachelor's degree	21.1%	26.4%
Graduate or professional degree	9.4%	11.1%

Commute to work

How workers get to work (share)

	Deerwood	Fifty Lakes
Drove alone	73.3%	73.7%
Carpooled	20.0%	7.3%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	6.7%	16.1%
Other means	0.0%	2.9%

Housing

Units in structure (share)

	Deerwood	Fifty Lakes
1-unit, detached	55.8%	93.0%
1-unit, attached	6.5%	0.0%
2 to 4 units	5.1%	0.0%
5 to 19 units	6.8%	0.0%
20 or more units	16.1%	0.0%
Mobile home & other	9.6%	7.0%

Poverty & households

	Deerwood	Fifty Lakes
Poverty rate	9.4%	8.6%
Average household size	2.88	2.00
Mean commute (minutes)	22	23
Median year structure built	1984	1980