Woodbury, MN
Population 76,945 · Minnesota
About Woodbury, MN
Woodbury is a mid-sized city located in Minnesota with a population of 76,945 residents according to the latest US Census Bureau American Community Survey data. The median household income is $126,222 per year, which is 68% above the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Woodbury features a median home value of $434,900, which is 78% above the national median of $244,900. This places Woodbury in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,827, 57% above the national average of $1,163/month. Of the 29,147 total housing units, 78% are owner-occupied (22,272 units) and 22% are renter-occupied (6,274 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Woodbury shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Woodbury have an average one-way commute time of 24.1 minutes.
Education & Demographics
63.2% of Woodbury residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.1% White, 0.7% Hispanic or Latino, 0.4% Black or African American, and 1.0% Asian residents, with 12.8% of the population being foreign-born.
How Woodbury Ranks in Minnesota
Cost of Living in Woodbury, MN
Compared to national averages, Woodbury has a median household income of $126,222 (68% above the national median of $75,149). Home values average $434,900, which is 78% above the national median. Monthly rent at $1,827 is 57% above the US average of $1,163. Within Minnesota, Woodbury's income is 70% above the state average of $74,221, and home values are 113% above the state median of $204,472.
Why Live in Woodbury, MN?
Woodbury offers a strong local economy with a median household income of $126,222, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 63.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.9%, better than the national average, and short commute times averaging just 24.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $434,900. However, as a mid-sized city, Woodbury provides access to a wide range of amenities and services.
Woodbury has a population of 76,945 with a median age of 37.9 years. Compare Woodbury with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Woodbury
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plymouth | 79,526 | $133,865 | $474,700 | Compare |
| Lakeville | 72,480 | $138,119 | $425,200 | Compare |
| Blaine | 71,261 | $103,382 | $327,500 | Compare |
| Maple Grove | 70,539 | $129,481 | $397,400 | Compare |
| St. Cloud | 69,926 | $61,112 | $212,800 | Compare |
| Brooklyn Park | 84,349 | $85,964 | $313,500 | Compare |
| Eagan | 68,158 | $107,486 | $380,800 | Compare |
| Duluth | 86,863 | $66,263 | $225,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Woodbury With Other Cities
Frequently Asked Questions about Woodbury
What is the population of Woodbury, MN?
The population of Woodbury, MN is 76,945 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Woodbury?
The median household income in Woodbury, MN is $126,222 per year, which is 68% above the national median of $75,149.
What is the median home value in Woodbury?
The median home value in Woodbury, MN is $434,900, which is 78% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Woodbury?
The median monthly rent in Woodbury, MN is $1,827, which is 57% above the national average of $1,163/month.
What is the unemployment rate in Woodbury?
The unemployment rate in Woodbury, MN is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Woodbury, MN a good place to live?
Woodbury offers above-average incomes, a competitive housing market, and a strong job market. With a population of 76,945 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Woodbury, MN?
63.2% of residents in Woodbury aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Woodbury?
Key cost-of-living indicators for Woodbury, MN: median home value is $434,900 (78% above national), median rent is $1,827/month, and median household income is $126,222. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Woodbury?
The poverty rate in Woodbury, MN is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Woodbury, MN?
Woodbury's population is 3.1% White, 0.7% Hispanic or Latino, 0.4% Black or African American, 1.0% Asian, and 6.8% two or more races. 12.8% of residents are foreign-born.