Hanley Falls vs Wood Lake

A side-by-side comparison of Hanley Falls and Wood Lake: population, income, housing, and more.

Hanley Falls and Wood Lake are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Wood Lake has the higher population (398 vs 288 in Hanley Falls). Wood Lake has the higher median household income ($68,958 vs $57,917 in Hanley Falls). Wood Lake has the higher median home value ($85,000 vs $76,700 in Hanley Falls).

Population, income & housing

	Hanley Falls	Wood Lake
Population	288	398
Median age	30.3 yrs	46.5 yrs
Median household income	$57,917	$68,958
Median home value	$76,700	$85,000
Median gross rent	$628	$650
Housing units	131	185
Homeownership rate	53.6%	86.7%
Bachelor's degree or higher	8.0%	16.0%
Unemployment rate	2.6%	1.5%

Trends (ACS 5-year, 2019–2023)

	Hanley Falls	Wood Lake
Population	497 → 288 (-42.1%)	423 → 398 (-5.9%)
Median household income	$46,667 → $57,917 (+24.1%)	$49,063 → $68,958 (+40.5%)
Median home value	$67,200 → $76,700 (+14.1%)	$66,900 → $85,000 (+27.1%)
Median gross rent	$721 → $628 (-12.9%)	$488 → $650 (+33.2%)

Hanley Falls

Population

497288

Median household income

$46,667$57,917

Median home value

$67,200$76,700

Median gross rent

$721$628

Wood Lake

Population

423398

Median household income

$49,063$68,958

Median home value

$66,900$85,000

Median gross rent

$488$650

Age & race/ethnicity

Age distribution (share)

	Hanley Falls	Wood Lake
Under 5	8.3%	4.0%
5 to 17	14.9%	16.6%
18 to 24	20.5%	7.0%
25 to 34	10.1%	9.8%
35 to 44	16.0%	11.8%
45 to 54	6.3%	17.1%
55 to 64	14.2%	13.8%
65 to 74	5.9%	16.3%
75 and over	3.8%	3.5%

Race & ethnicity (share)

	Hanley Falls	Wood Lake
White (non-Hispanic)	70.8%	88.4%
Black or African American	0.0%	1.0%
American Indian & Alaska Native	1.0%	1.3%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	7.6%	5.8%
Hispanic or Latino	20.5%	3.5%

Educational attainment (age 25+)

Share of adults 25+

	Hanley Falls	Wood Lake
No high school diploma	13.6%	7.6%
High school graduate	45.1%	33.3%
Some college or associate's	33.3%	43.1%
Bachelor's degree	3.7%	12.8%
Graduate or professional degree	4.3%	3.1%

Commute to work

How workers get to work (share)

	Hanley Falls	Wood Lake
Drove alone	91.0%	76.0%
Carpooled	6.4%	11.7%
Public transit	0.0%	0.0%
Walked	0.0%	4.6%
Bicycle	1.1%	0.0%
Worked from home	1.6%	5.1%
Other means	0.0%	2.6%

Housing

Units in structure (share)

	Hanley Falls	Wood Lake
1-unit, detached	71.0%	96.2%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.0%	0.0%
5 to 19 units	24.4%	1.6%
20 or more units	0.0%	0.5%
Mobile home & other	4.6%	1.6%

Poverty & households

	Hanley Falls	Wood Lake
Poverty rate	13.5%	7.5%
Average household size	2.30	2.20
Mean commute (minutes)	26	28
Median year structure built	1955	1938