Area type of a place is calculated based on population density, home ownership, and proximity to various amenties
Floodwood city, MN
Affordable
About Floodwood city
Floodwood city is a suburb in the Duluth Metro Area and in the St. Louis County. It has a population of 446 and a population density of 306, which is 70% above the national average. It has a median age of 45, which is 3 years above the Duluth Metro median age and 7 years above the national average.
Floodwood city has a median home value of $102,400, which is 55% below the Metro average.The average rent of $1,279 is 40% above the metro average rent and 17% above the national average rent, making it one of the most affordable places to live in Duluth. The average household income in Floodwood city is $32,895 , which is 44% below the Metro average household income and 49% below the national average of household income.
The average school rating in Floodwood city is 4..
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Demographics
Floodwood city's population is made up of 32% married, 37% single, 20% divorced and 10% widowed. Baby Boomers make up the largest percentage of the population at 38%, while Millennials have the second largest segment at 22%. Homeowners make up 71% of the population in Floodwood city.
- 49% Male
- 51% Female
Employment
The Per Capita income in Floodwood city is $20,896. The Median Household Income is $32,237 and the Floodwood city Unemployment Rate is 4%.