Updated
Real Estate Investing in Lake of the Woods County, MN
Lake of the Woods County, MN real estate market data — demographics, home values, and investor context.
3,800
Population
$70,091
Median Income
$215,000
Median Home Value
84%
Owner-Occupied
Lake of the Woods County, MN Demographics
US Census ACS 5-year estimates. Demographic context drives rent, home value, and absentee-ownership patterns — here's what the numbers say about Lake of the Woods County, MN.
| Population | 3,800 |
|---|---|
| Median age | 50.8 |
| Median household income | $70,091 |
| Median home value | $215,000 |
| Median gross rent | $867 |
|---|---|
| Rent burden | 31.8% |
| Owner-occupied units | 1,403 |
| Renter-occupied units | 262 |
Why Investors Target Lake of the Woods County, MN
Lake of the Woods County, MN is home to 3,800 residents with a median age of 50.8 years. Households earn a median income of $70,091, against a median home value of $215,000 and a median gross rent of $867. Roughly 84% of occupied homes are owner-occupied, with the remainder rented — a key signal for absentee-owner and rental investors. Renters here spend a median of 31.8% of household income on gross rent.
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