Big Woods Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Big Woods, Minnesota? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Big Woods, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Big Woods is $72,917.00.

The chart below shows the average household income by age in Big Woods.

  • Under 25
    $0.00
  • 25 to 44
    $73,958.00
  • 45 to 64
    $0.00
  • 65 and over
    $0.00

Average Household Income

A very commonly asked question is "what is the average household income in Big Woods, Minnesota?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Big Woods is $69,629.00.

0.00% of households in Big Woods, Minnesota are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Big Woods but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Big Woods

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Big Woods, Minnesota easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    7.14%
  • $25,000 to $49,999
    14.29%
  • $50,000 to $74,999
    64.29%
  • $75,000 to $99,999
    7.14%
  • $100,000 to $149,999
    0.00%
  • $150,000 to $199,999
    7.14%
  • $200,000 or more
    0.00%

Per Capita Income

The per capita income is the average income of all people in Big Woods, Minnesota. This is calculated by dividing the total income of all people in Big Woods by the total number of people in Big Woods.

It differs from the average or mean household income because it includes all people in Big Woods and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Big Woods, Minnesota is $18,887.00.

Population in Big Woods by Race and Ethnicity

The total population in Big Woods is currently 53 people.

The race and ethnicity of the population in Big Woods can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Big Woods, Minnesota.

  • 0.00% White
    0
  • 100.00% Black/African American
    53
  • 92.50% Native
    49
  • 0.00% Hispanic
    0
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 1.90% Other
    1

Population of Big Woods by Age and Gender

Another very important demographics statistic for Big Woods, Minnesota is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 8 6
10 to 19 Years 5 12
20 to 29 Years 0 0
30 to 39 Years 7 3
40 to 49 Years 3 3
50 to 59 Years 3 0
60 to 69 Years 0 0
70 Years and over 2 1

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Big Woods, Minnesota.

  • Master's degree or higher
    0.00%
  • Bachelor's degree
    33.33%
  • Some college or associate's degree
    6.67%
  • High school diploma or equivalent
    60.00%
  • Less than high school diploma
    0.00%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Big Woods because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Big Woods look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Big Woods, Minnesota that are over the age of 16.

The current population in Big Woods that are over the age of 16 is 28 people.

The unemployment rate in Big Woods is 0.00%, which means 0 people are unemployed.

Median Age in Big Woods

The median age is an interesting metric because it gives us an idea of the age distribution of people in Big Woods, Minnesota. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Big Woods is 17.8 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Big Woods

17.8

Total

38

Male

15.3

Female

Households and Families

There are a total of 14 households in Big Woods, and the average household size is 3.79 people.

For families, the total number is 13, and the average family size is 4 people.

0.00% of those families in Big Woods, Minnesota are living below the poverty line.

The table below shows the poverty thresholds for Big Woods in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Big Woods, Minnesota for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 5 7 1 1
Average Household Size 4.6 3.29 6 0
Total Families 5 7 1 0
Average Household Size 4.6 3.29 6 0

Housing Data in Big Woods

There are total of 20 housing units in Big Woods, Minnesota. Of those units, 14 (70.00%) are occupied, and 6 (30.00%) are vacant.

Rental Rates

Of the 20 housing units in Big Woods, 0 (0.00%) are occupied by renters. The median rent paid by renters is $0.00.

Owner occupied housing units make up the remaining 70.00% of housing units, with 14 housing units in total.

The table below breaks down how much rent is paid by renters in Big Woods, Minnesota.

Property Values

The median value of a property in Big Woods is $135,700.00.

The table below breaks down the range of valuations for all properties in Big Woods.

  • Less than $50,000
    3
  • $50,000 to $99,999
    1
  • $100,000 to $149,999
    7
  • $150,000 to $199,999
    0
  • $200,000 to $299,999
    1
  • $300,000 to $499,999
    2
  • $500,000 to $999,999
    0
  • $1,000,000 or more
    0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Big Woods, Minnesota.

  • 1939 or earlier
    3
  • 1940 to 1949
    0
  • 1950 to 1959
    3
  • 1960 to 1969
    11
  • 1970 to 1979
    3
  • 1980 to 1989
    0
  • 1990 to 1999
    0
  • 2000 to 2009
    0
  • 2010 to 2013
    0
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Big Woods has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    0
  • 1 vehicle available
    1
  • 2 vehicles available
    2
  • 3 or more vehicles available
    11

Commuting to Work in Big Woods

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Big Woods, Minnesota, how they commute, and how that correlates to other data points.

The average travel time is 0 minutes, and the chart below covers the range of travel times across the population of Big Woods.

  • Less than 5 minutes
    0
  • 5 to 9 minutes
    1
  • 10 to 14 minutes
    0
  • 15 to 19 minutes
    0
  • 20 to 24 minutes
    0
  • 25 to 29 minutes
    0
  • 30 to 34 minutes
    2
  • 35 to 39 minutes
    0
  • 40 to 44 minutes
    7
  • 45 to 59 minutes
    2
  • 60 to 89 minutes
    0
  • 90 or more minutes
    0

We can also look at the means of transport in Big Woods to see which modes of transport people are using to commute to work.

  • Drove alone
    12
  • Carpooled
    0
  • Public transportation
    0
  • Walked
    0
  • Other means
    0
  • Worked from home
    8

Conclusion

Hopefully this article has given you the demographics data you were looking for in Big Woods, Minnesota.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Big Woods.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Big Woods Average Income, Population and Demographics". NameCensus.com. Accessed on May 4, 2024. https://namecensus.com/demographics/minnesota/marshall-county/big-woods/.

  • "Big Woods Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/minnesota/marshall-county/big-woods/. Accessed 4 May, 2024

  • Big Woods Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/minnesota/marshall-county/big-woods/.