Deerwood, MN demographics:
population, income, and more

Total population
710
9.4% year-over-year change
Median household income
$62,981/yr
0.5% year-over-year change
Housing units
333
14.0% year-over-year change

Deerwood population

How many people live in Deerwood

Deerwood is home to 710 residents, according to the most recent Census data. Gender-wise, 42% of Deerwood locals are male, and 58% are female.

Total population
710
9.4% year-over-year change
Gender ratio
Male
42%
298
Female
58%
412
Value Percent YoY change
Male 298 42% 9.2%
Female 412 58% 9.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Deerwood is 36, with the population distributed as follows: about 16.2% are children under 15, then 23.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 22.4% of the population, while another 22.7% fall into the 45 to 64 bracket. Finally, around 15.5% are 65 or older.

Median age
35.7
Age breakdown
Under 15
16.2%
15 to 24
23.2%
25 to 44
22.4%
45 to 64
22.7%
Over 65
15.5%
Value Percent YoY change
Under 15 115 16.2% -2.5%
15 to 24 165 23.2% -8.3%
25 to 44 159 22.4% 10.4%
45 to 64 161 22.7% 20.1%
Over 65 110 15.5% 50.7%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 8.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 710 100% 9.4%
Racial breakdown
White
91.7%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
8.3%
Other
0%
Value Percent
White 651 91.7%
Two or more races 59 8.3%

Households in Deerwood

A peek inside Deerwood households

Deerwood has 270 households, with an average of 3 members in each. Of these, 79.6% are families, while the remaining 20.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
270
20.0% year-over-year change
Average people per household
3
Non-family households
55
Family households
215
Value Percent YoY change
Non-family households 55 20.4% 41.0%
Family households 215 79.6% 15.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Deerwood

The housing landscape of Deerwood

Deerwood's housing consists of 333 units, with 58.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 5.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 5.4% of the housing landscape.

Housing units
333
14.0% year-over-year change
Housing types
Value Percent
1 unit, detached 196 58.9%
1 unit, attached 18 5.4%
2 units 11 3.3%
3 or 4 units 7 2.1%
5 to 9 units 5 1.5%
10 to 19 units 25 7.5%
20 to 49 units 45 13.5%
50 or more units 8 2.4%
Mobile home 18 5.4%
Homes built since 2020
0
% year-over-year change

The age of buildings in Deerwood

In Deerwood, the median construction year is 1981. About 10.5% of homes were built before the 1940s, with another 6.9% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 35 10.5% 150.0%
Built between 1940 and 1949 23 6.9% 27.8%
Built between 1950 and 1959 4 1.2% -66.7%
Built between 1960 and 1969 27 8.1% 50.0%
Built between 1970 and 1979 74 22.2% 10.4%
Built between 1980 and 1989 63 18.9% 53.7%
Built between 1990 and 1999 42 12.6% -40.9%
Built between 2000 and 2009 26 7.8% 30.0%
Built between 2010 and 2019 39 11.7% 25.8%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Deerwood occupancy rates

Out of the 270 occupied housing units in Deerwood, 59.3% are owner-occupied, while 40.7% are lived in by tenants. Meanwhile, 18.9% of all homes on the local market sit vacant.

Occupied housing units
270
20.0% year-over-year change
Occupancy breakdown
Renter occupied
110
Owner occupied
160
Value Percent YoY
change
Renter occupied 110 40.7% 12.2%
Owner occupied 160 59.3% 26.0%
Unoccupied housing units
18.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Deerwood housing costs

Housing costs in Deerwood come to a median of $1,073 per month, while tenants specifically pay a median gross rent of $711.

Median housing costs per month
$1,073/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Deerwood
$711/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Deerwood

Deerwood education at a glance

About 35.4% of the population in Deerwood went to high school, while 25.2% pursued college studies. Another 10.4% earned an associate degree and 15.9% hold a bachelor’s. Meanwhile, 10.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 11 2.5% 83.3%
High school diploma 156 35.4% 18.2%
College diploma 111 25.2% 13.3%
Associate degree 46 10.4% 24.3%
Bachelor's degree 70 15.9% -5.4%
Graduate degree 46 10.4% 39.4%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Deerwood

How much people earn in Deerwood

The average annual household income in Deerwood was $90,510 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +8.1% change from the previous year. At the same time, the median income stood at $62,981, reflecting a +0.5% shift over the same period.

Average household income in Deerwood
$90,510/year
8.1% year-over-year change
Median household income in Deerwood
$62,981/year
0.5% year-over-year change

Deerwood income by age

In Deerwood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $63,221. Overall, 89.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $63,221 1.7%
Over 65 $41,875 N/A
Above poverty level
633
Below poverty level
77
Value Percent YoY
change
Above poverty level 633 89.2% 7.7%
Below poverty level 77 10.8% 26.2%

Average renter income in Deerwood

To get a better sense of what renters earn on average in Deerwood, their median household income was $34,107 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 25%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$34,107
Rent-to-income ratio
25%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Deerwood

Workforce and job types in Deerwood

The job market in Deerwood is powered by 300 working residents, spread across a range of industries and roles. 87.3% of the working population are employed in professional or administrative positions, while 12.7% are in hands-on or service-based jobs. Also, 1.7% run their own businesses, 68% are employed by private companies, and 18.7% work in the public sector.

Workforce demographics

Working population
300
11.1% year-over-year change
White collar
262
Blue collar
38
Value Percent YoY change
White collar 262 87.3% 15.4%
Blue collar 38 12.7% -11.6%
Employer type
Self employees
1.7%
Private companies
68%
Governmental workers
18.7%
Not for profit companies
11.7%
Value Percent YoY change
Self employees 5 1.7% 25.0%
Private companies 204 68% 15.2%
Governmental workers 56 18.7% 0.0%
Not for profit companies 35 11.7% 6.1%
Unemployment rate
4.8%
15.4% year-over-year change

Available workforce

The unemployment rate in Deerwood stands at 4.8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Deerwood

How people get around in Deerwood

In Deerwood, the average commute time is 18 minutes.

Commute time
18 min
Means of transportation
Value Percent YoY change
Car 281 93.7% 11.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Deerwood by zipcode?

Zipcode Population Number of households Median income Average income
56444 3,331 1,410 $77,500 $115,549

Explore more communities

FAQs about Deerwood demographics 

What is the total population of Deerwood?

Deerwood has a total population of 710 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +9.4% compared to a year ago.

What is the gender ratio in Deerwood?

The gender ratio in Deerwood is as follows:
  • 42% males (298 residents)
  • 58% females (412 residents)

What is the median age in Deerwood?

The median age in Deerwood is 35.7.

What is the age distribution of the population in Deerwood?

The age distribution in Deerwood is as follows:
  • Under 15: 16.2% (115 residents)
  • Ages 15-24: 23.2% (165 residents)
  • Ages 25-44: 22.4% (159 residents)
  • Ages 45-64: 22.7% (161 residents)
  • Over 65: 15.5% (110 residents)

What is the racial and ethnic makeup of Deerwood?

The racial and ethnic makeup of Deerwood is as follows:
  • White: 91.7% (651 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 8.3% (59 residents)
  • Other: 0% (0 residents)

What percentage of the population in Deerwood are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Deerwood.

How many housing units are there in Deerwood?

There are 333 housing units in Deerwood, reflecting a +14.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Deerwood and what is the average household size?

Deerwood has a total of 270 households, with an average of 3 people in each.

What is the median household income in Deerwood?

Deerwood has a median household income of $62,981, representing a +0.5% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Deerwood?

The employment rate is 95.2% in Deerwood, with a workforce of 300 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 87.3% (262 residents)
  • Blue-collar workers: 12.7% (38 residents)

Places of employment:
  • Self-employed: 1.7% (5 residents)
  • Private companies: 68% (204 residents)
  • Governmental workers: 18.7% (56 residents)
  • Not-for-profit companies: 11.7% (35 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025