Floodwood, MN Demographics

The total population of Floodwood is estimated to be 437 with 224 males (51.26%) and 213 females (48.74%). There are 11 less females than males in Floodwood.
The median household income in Floodwood was $34,845 in 2021, which marked an a decrease of 2,430(6.52%) from $37,275 in 2020. This income is 46.71% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Floodwood sees its highest median household income among householders in the age group of 25 to 44 years old, at $50,893. Overall, the median household income for the city of Floodwood stands at $34,845.
In Floodwood, the median income for all workers aged 15 years and older, regardless of work hours, was $23,240 for males and $25,672 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,832 for males and $38,102 for females.
In Floodwood, population is primarily represented by White households, reporting a median income of $35,298.
In 2022, the population of Floodwood was 516, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Floodwood's population was 516, a decline of 0.58% compared to a population of 519 in 2020.
The median age in Floodwood, MN is 43.1, as per 2021 ACS 5-Year Estimates. Of the total population, 18.31% were under the age of 15, 16.54% aged 15 to 29, 44.29% aged 30 to 64, 17.52% aged 65 to 84, and 3.35% were 85 years of age and older.
Racial distribution of Floodwood population: 97.24% are White, 0.39% are Black or African American, 0.59% are American Indian and Alaska Native and 1.77% are multiracial.