Deerwood, MN population, income and ZIP codes

Deerwood city is a very small community in Minnesota, with 649 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #443 of 914 ranked by population — larger than 51% of them. The median age here is 30.8 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Deerwood city earn a median of $62,679 a year, 20.2% below the national figure of $78,538 and 17% below the $75,469 median for the 361 Minnesota cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 9.4% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Deerwood city is valued at $214,700, 29.2% below the national figure and 11% below the $240,400 peer median, while median gross rent runs $920 a month, 34.6% below the national figure, or roughly $11,040 across a full year. A household on the local median income would put about 17.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.4×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 56.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

With 649 residents, a handful of survey responses moves every median on this page. Compare Deerwood city against its county rather than against national figures.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.