C

Deerwood, MN

Source:

Affordability Score: 58/100

Population: 3,087 · 1 ZIP codes

The affordability dashboard for Deerwood, MN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,087 residents, then layers in county-level federal data to produce an overall grade of C (58/100). The headline inputs are median household income of $77,500, median home value of $365,200, median rent of $853 per month, and 38.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,120 per month (studio $772, 1BR $854, 3BR $1,345, 4BR $1,569). Department of Labor data lists infant center-based childcare at $10,972 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Deerwood, MN include rent. Pressure points are housing. Unemployment currently reads 5.1% and poverty 6.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$77,500
Median household income
Education B-
38.2%
Bachelor's degree or higher
Housing F
4.7x
Home value $365,200 vs income
Commute C-
25 min
Average commute time
Rent A-
$1,120/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$10,972/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$77,500
▲ 25% vs national
Per Capita Income
$49,876
Unemployment Rate
5.1%
Poverty Rate
6.5%

Housing

Median Home Value
$365,200
▲ 33% vs national
Median Rent
$853/mo
Owner Occupied
85.2%
2BR Fair Market Rent
$1,120/mo
▼ 7% vs national

Fair Market Rents by Bedroom

Studio
$772
1BR
$854
2BR
$1,120
3BR
$1,345
4BR
$1,569

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
38.2%
▲ 8 ppt vs national
High School+
61.5%
Median Age
51.0
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
$10,972/yr
14% of income
Toddler (Center)
$10,244/yr
Preschool (Center)
$9,447/yr
School-Age (Center)
$8,493/yr

What This Means

Deerwood, MN receives an overall affordability grade of C (58/100), aggregated from 1 ZIP codes with a total population of 3,087. This area performs well in rent. Challenges include housing. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Deerwood, MN affordable?
Deerwood, MN receives an overall affordability grade of C (58/100) based on Census, HUD, FBI, and DOL data. Median household income is $77,500. Median home value is $365,200.
What is the cost of living in Deerwood?
Key cost metrics: Median rent $853/mo. 2BR fair market rent $1,120/mo. Infant childcare $10,972/yr. Median home value $365,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →