Last updated: 2024 BLS data · Page refreshed:
Lake of the Woods has a population of 796 with a median age of 51.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 796 |
| Median Age | 51.7 |
| White | 85.4% |
| Hispanic or Latino | 13.2% |
| Other / Two or More Races | 1.4% |
The median household income in Lake of the Woods is $66,036, which is 18.1% below the national median of $80,610. The per capita income is $29,909. The poverty rate is 11.1%.
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In Lake of the Woods, 80.0% of residents age 25+ have a high school diploma or higher, and 18.9% hold a bachelor's degree or higher (9.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 80.0% |
| Bachelor's Degree or Higher | 18.9% |
| Graduate or Professional Degree | 9.9% |
The median home value in Lake of the Woods is $276,300, below the national median of $303,400. The median monthly rent is $1,683. The homeownership rate is 60.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $276,300 |
| Median Monthly Rent | $1,683 |
| Homeownership Rate | 60.7% |
| Vacancy Rate | 32.4% |
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