Woodland, MN
Population 505 · Minnesota
About Woodland, MN
Woodland is a small community located in Minnesota with a population of 505 residents according to the latest US Census Bureau American Community Survey data. The median household income is $189,107 per year, which is 152% above the national median of $75,149. The median age of 55.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Woodland features a median home value of $1,220,600, which is 398% above the national median of $244,900. This places Woodland in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 245 total housing units, 97% are owner-occupied (210 units) and 3% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Woodland shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Woodland have an average one-way commute time of 26.1 minutes.
Education & Demographics
84.4% of Woodland 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 0.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.0% of the population being foreign-born.
How Woodland Ranks in Minnesota
Cost of Living in Woodland, MN
Compared to national averages, Woodland has a median household income of $189,107 (152% above the national median of $75,149). Home values average $1,220,600, which is 398% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Woodland's income is 155% above the state average of $74,221, and home values are 497% above the state median of $204,472.
Why Live in Woodland, MN?
Woodland offers a strong local economy with a median household income of $189,107, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 84.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,220,600. However, Woodland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Woodland has a population of 505 with a median age of 55.2 years. Compare Woodland with other cities to see how it stacks up, or explore all cities in Minnesota.
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Cities in Minnesota with a similar population size.
Demographics
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Woodland
What is the population of Woodland, MN?
The population of Woodland, MN is 505 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Woodland?
The median household income in Woodland, MN is $189,107 per year, which is 152% above the national median of $75,149.
What is the median home value in Woodland?
The median home value in Woodland, MN is $1,220,600, which is 398% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Woodland?
The median monthly rent in Woodland, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Woodland?
The unemployment rate in Woodland, MN is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Woodland, MN a good place to live?
Woodland offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 505 and a median age of 55.2, the city appeals to established professionals and retirees.
How educated is Woodland, MN?
84.4% of residents in Woodland 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 Woodland?
Key cost-of-living indicators for Woodland, MN: median home value is $1,220,600 (398% above national), median rent is $0/month, and median household income is $189,107. The home-value-to-income ratio is 6.5x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Woodland?
The poverty rate in Woodland, MN is 1.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Woodland, MN?
Woodland's population is 0.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.0% of residents are foreign-born.