Wood Lake

Population: 398
Median household income: $68,958
Median home value: $85,000

Wood Lake is a community in Yellow Medicine County, Minnesota, home to 398 residents. The median household income of $68,958 is in line with the Yellow Medicine County median ($71,573).

From 2019 to 2023, Wood Lake's population declined 5.9% from 423 to 398, while its median home value rose 27.1% from $66,900 to $85,000.

The typical home was built around 1938. 7.5% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 398
Median age: 46.5 yrs
Median household income: $68,958
Median home value: $85,000
Median gross rent: $650
Housing units: 185
Homeownership rate: 86.7%
Bachelor's degree or higher: 16.0%
Unemployment rate: 1.5%

Trends

ACS 5-year · 2019–2023

Population

423398

Median household income

$49,063$68,958

Median home value

$66,900$85,000

Median gross rent

$488$650

Year	Population	Median household income	Median home value	Median gross rent
2019	423	$49,063	$66,900	$488
2020	381	$60,000	$70,500	$568
2021	426	$64,063	$75,000	$575
2022	376	$69,500	$86,600	$625
2023	398	$68,958	$85,000	$650

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.0%

5 to 1716.6%

18 to 247.0%

25 to 349.8%

35 to 4411.8%

45 to 5417.1%

55 to 6413.8%

65 to 7416.3%

75 and over3.5%

	Count	Share
Under 5	16	4.0%
5 to 17	66	16.6%
18 to 24	28	7.0%
25 to 34	39	9.8%
35 to 44	47	11.8%
45 to 54	68	17.1%
55 to 64	55	13.8%
65 to 74	65	16.3%
75 and over	14	3.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	352	88.4%
Black or African American	4	1.0%
American Indian & Alaska Native	5	1.3%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	23	5.8%
Hispanic or Latino (any race)	14	3.5%

Educational attainment (age 25+)

No high school diploma7.6%

High school graduate33.3%

Some college or associate's43.1%

Bachelor's degree12.8%

Graduate or professional degree3.1%

	Count	Share
No high school diploma	22	7.6%
High school graduate	96	33.3%
Some college or associate's	124	43.1%
Bachelor's degree	37	12.8%
Graduate or professional degree	9	3.1%

Commute to work

Mean travel time to work: 28 min

Drove alone76.0%

Carpooled11.7%

Public transit0.0%

Walked4.6%

Bicycle0.0%

Worked from home5.1%

Other means2.6%

How workers get to work

	Count	Share
Drove alone	149	76.0%
Carpooled	23	11.7%
Public transit	0	0.0%
Walked	9	4.6%
Bicycle	0	0.0%
Worked from home	10	5.1%
Other means	5	2.6%

Travel time

	Count	Share
Under 15 min	55	29.6%
15 to 29 min	63	33.9%
30 to 44 min	52	28.0%
45 to 59 min	1	0.5%
60+ min	15	8.1%

Households

Average household size: 2.20
Poverty rate: 7.5% (30 of 398)

	Count	Share
Family households	105	58.0%
Nonfamily households	76	42.0%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	181	97.8%
Vacant	4	2.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	157	86.7%
Renter-occupied	24	13.3%

1-unit, detached96.2%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units1.6%

20 or more units0.5%

Mobile home & other1.6%

Units in structure

	Count	Share
1-unit, detached	178	96.2%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	3	1.6%
20 or more units	1	0.5%
Mobile home & other	3	1.6%

Geography

Place GEOID: 2771446
Type (LSAD): 25
Land area: 0.75 sq mi
Water area: 0 sq mi
Center point: 44.6513, -95.5358