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The total population of Wood Lake is estimated to be 376 with 177 males (47.07%) and 199 females (52.93%). There are 22 more females than males in Wood Lake.
The median household income in Wood Lake was $69,246 in 2021, which marked an an increase of 1,258(1.85%) from $67,988 in 2020. This income is 92.82% 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, Wood Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $89,947. Overall, the median household income for the city of Wood Lake stands at $69,246.
In Wood Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $40,534 for males and $29,556 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,125 for males and $43,605 for females.
In Wood Lake, there are just two different racial groups among households. Among these, White households report a median household income of $67,895, while American Indian and Alaska Native households have a median household income of $55,397.
In 2022, the population of Wood Lake was 375, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Wood Lake's population was 375, a decline of 0.79% compared to a population of 378 in 2020.
The median age in Wood Lake, MN is 42.0, as per 2021 ACS 5-Year Estimates. Of the total population, 19.95% were under the age of 15, 15.26% aged 15 to 29, 49.77% aged 30 to 64, 14.32% aged 65 to 84, and 0.70% were 85 years of age and older.
Racial distribution of Wood Lake population: 91.08% are White, 1.17% are Black or African American, 1.17% are American Indian and Alaska Native, 5.16% are some other race and 1.41% are multiracial.