Last updated: 2024 BLS data · Page refreshed:
Lake of the Woods has a population of 3,250 with a median age of 57.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,250 |
| Median Age | 57.7 |
| White | 79.0% |
| Black or African American | 1.6% |
| Hispanic or Latino | 14.6% |
| Other / Two or More Races | 4.8% |
The median household income in Lake of the Woods is $55,987, which is 30.5% below the national median of $80,610. The per capita income is $33,617. The poverty rate is 12.8%.
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In Lake of the Woods, 90.0% of residents age 25+ have a high school diploma or higher, and 22.5% hold a bachelor's degree or higher (6.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.0% |
| Bachelor's Degree or Higher | 22.5% |
| Graduate or Professional Degree | 6.0% |
The median home value in Lake of the Woods is $272,200, below the national median of $303,400. The median monthly rent is $812. The homeownership rate is 81.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $272,200 |
| Median Monthly Rent | $812 |
| Homeownership Rate | 81.6% |
| Vacancy Rate | 38.4% |
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