Minnesota · Census place 71338
Wolf Lake city, MN
Quick answer
Wolf Lake city has 104 residents, ranking #788 of 914 places in Minnesota. Median household income is $66,250, the median home is worth $137,500 and median gross rent runs $873 a month.
- Population
- 104Wolf Lake city residents
- Median household income
- $66,250Past 12 months, inflation adjusted
- Median home value
- $137,500Owner-occupied units
- Median gross rent
- $873Rent plus utilities, monthly
- Median age
- 22.7 yrsAll residents
- Homeownership rate
- 37.1%Owner-occupied households
What the numbers mean in Wolf Lake city
Housing cost measured against local earnings.
A household earning the Wolf Lake city median would spend about 15.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 37.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Conger city 104
- Minneiska city 104
- Winton city 104
- Seaforth city 103
- Avoca city 101
- McKinley city 99
- Millerville city 99
Keep going
More Minnesota coverage.