Median Income
$34,583
household / year
Median Home Value
$87,700
owner-occupied
Median Rent
$666
gross / month
Cost of Living
87
national avg = 100

Is Floodwood, MN a Good Place to Live?

Floodwood is a small town of 437 in Minnesota, with a median household income of $34,583 and a 2.3% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

Strengths: Floodwood stands out for an affordable cost of living, below-average home prices, solid school ratings (B).

Trade-offs: Potential downsides include longer commutes. Whether Floodwood is right for you depends on your priorities — the full breakdown is below.

All Floodwood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 87.0

Floodwood's overall cost of living index is 87.0, where 100 represents the US national average. Living in Floodwood costs roughly 13% less than the average American city.

Metric Floodwood, MN National Avg
Median Home Value $87,700 $244,900
Median Monthly Rent $666 $1,163
Homeownership Rate 73.7% 65.9%
Median Household Income $34,583 $74,755

Crime & Safety

Safer than Average

Floodwood's violent crime rate is 188.9 per 100,000 residents — 50% lower than the national average of ~380 per 100,000.

Violent Crime
188.9 /100k
Property Crime
1946.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Floodwood is served primarily by FLOODWOOD PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 10.7:1 (better than the national average of ~16:1).

Metric Floodwood, MN National Avg
School District FLOODWOOD PUBLIC SCHOOL DISTRICT —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 10.7:1 16:1
Bachelor's Degree or Higher 6.4% 35.4%
High School Diploma or Higher 92.2% 91.1%

Weather & Climate

Floodwood sees average highs of 17.9°F in January and 77.1°F in July, with 28.1 inches of annual precipitation and 56.4 inches of snow per year.

MetricFloodwood, MN
Average High — January17.9°F
Average High — July77.1°F
Annual Precipitation28.1"
Annual Snowfall56.4"

Demographics

MetricFloodwood, MNNational Avg
Population437—
Median Age44.838.9
Unemployment Rate2.3%3.7%
Avg Commute Time35.3 min26 min
White (non-Hispanic)95.2%59.3%
Black or African American0.5%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1825.2%22.2%
65 and over26.3%16.8%

Nearby Cities

ZIP Codes in Floodwood

Floodwood, MN is covered by 1 ZIP code:

Floodwood vs Other Cities

Frequently Asked Questions

Floodwood's cost of living index is 87, where 100 is the national average. That makes Floodwood roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $87,700 and median rent is $666/month.
Floodwood's violent crime rate is 188.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1946.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Floodwood are operated by FLOODWOOD PUBLIC SCHOOL DISTRICT. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 10.7:1. 6.4% of adults 25+ hold a bachelor's degree or higher.
Floodwood, MN has a population of 437, a median household income of $34,583, and an unemployment rate of 2.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Floodwood averages 17.9°F in January and 77.1°F in July. Annual rainfall is 28.1 inches with about 56.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Floodwood, MN is covered by 1 ZIP code: 55736.
The population of Floodwood, Minnesota is 437 with a median age of 44.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Floodwood: cost of living index 87 (100 = US average), median home $87,700, median household income $34,583, crime index 67 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Floodwood side by side with your current city to see the trade-offs.