Cost of Living in Lake of the Woods County, MN
What does it cost to live in Lake of the Woods County? Income, housing, and affordability breakdown.
Median Income
$61,667
Median Rent
$821/mo
Median Home
$204,300
Affordability
422
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Lake of the Woods County, Minnesota
Lake of the Woods County has a median household income of $61,667 with housing costs that represent 23.7% of income for owners and 16% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 422 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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