Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.4 yrs |
|---|---|
| Avg HH Size | 2.19 |
| Below Poverty | 12.5% ▲ 25% above avg |
| College Grads | 24.1% ▼ 38% below avg |
| Unemployment | 8.6% ▲ 76% above avg |
| No HS Diploma | 7 (0.7%) |
| HS Graduate | 334 (35.6%) |
| Some College | 149 (15.9%) |
| Associates | 223 (23.7%) |
| Bachelors | 113 (12%) |
| Graduate Degree | 113 (12%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,000 ▼ 15% below avg |
|---|---|
| Median Home Value | $162,300 ▼ 42% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $691/mo |
| Total Housing Units | 876 |
| Vacant Units | 286 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Floodwood is a city in Minnesota, located in St. Louis County. The city spans 1 ZIP code and is home to approximately 1,326 residents. It is a mature city, with a median age of 49.4 years.
Economically, Floodwood is a solidly middle-class community. The median household income of $65,000 is near the national average. Approximately 12.5% of residents live below the poverty line. The unemployment rate is 8.6%, significantly above the national average.
The real estate market in Floodwood is an affordable housing market. Median home values stand at $162,300, which is below the national average. Renters typically pay around $691 per month. Homeownership is high at 85.4%, typical of suburban and family-oriented communities.
The population of Floodwood is less-educated. 24.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.19%).
Floodwood, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55736 | 1,326 | $65,000 | $162,300 | $691 | 8.6% | 24.1% | 85.4% |