Last updated: 2024 BLS data · Page refreshed:
Lake of the Woods has a population of 2,091 with a median age of 37.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,091 |
| Median Age | 37.9 |
| White | 95.1% |
| Hispanic or Latino | 1.4% |
| Other / Two or More Races | 3.5% |
The median household income in Lake of the Woods is $61,625, which is 23.6% below the national median of $80,610. The per capita income is $28,911. The poverty rate is 4.7%.
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In Lake of the Woods, 96.3% of residents age 25+ have a high school diploma or higher, and 38.3% hold a bachelor's degree or higher (16.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.3% |
| Bachelor's Degree or Higher | 38.3% |
| Graduate or Professional Degree | 16.9% |
The median home value in Lake of the Woods is $193,500, below the national median of $303,400. The median monthly rent is $1,190. The homeownership rate is 86.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $193,500 |
| Median Monthly Rent | $1,190 |
| Homeownership Rate | 86.1% |
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