HomeMinnesotaCrow Wing CountyDeerwood
Deerwood, Minnesota: commercial real estate data.
Deerwood is a Census city of 710 people across 1.49 square miles of land, in Crow Wing County. Median household income is $62,981, 59.3 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $2.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Deerwood
What Deerwood is
- Census place typecity
- Land area1.49 sq mi
- Water area0.59 sq mi
- Population per square mile of land477 plus or minus 138
- County holding the largest share of its areaCrow Wing County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Deerwood
How many people live in Deerwood
- Population710 plus or minus 206
- Median age35.7
- Population under 18270 plus or minus 111
- Share under 1838.0 percent plus or minus 11.1
- Population 65 and over110 plus or minus 32
- Share 65 and over15.5 percent
- Households270 plus or minus 67
- Family households215 plus or minus 58
- Share of households that are families79.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Deerwood
Income and work in Deerwood
- Median household income$62,981
- Per capita income$33,533 plus or minus $6,891
- Civilian labor force315 plus or minus 106
- Employed300 plus or minus 105
- Unemployed15 plus or minus 16
- Unemployment rate4.8 percent plus or minus 4.8
- Adults 25 and over430 plus or minus 107
- Adults 25 and over with a high school diploma or higher90.7 percent plus or minus 30.7
- Adults 25 and over with a bachelor degree or higher27.0 percent plus or minus 12.6
- Adults 25 and over with a graduate degree10.7 percent plus or minus 8.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Deerwood
Housing in Deerwood
- Housing units333 plus or minus 70
- Occupied units270 plus or minus 67
- Vacant units63 plus or minus 34
- Vacancy rate18.9 percent plus or minus 9.4
- Owner occupied160 plus or minus 51
- Renter occupied110 plus or minus 47
- Ownership rate59.3 percent plus or minus 11.9
- Median owner-occupied home value$225,000
- Median gross rent, monthly$711 plus or minus $611
- Annual rent as a share of median income13.5 percent plus or minus 11.9
- Single family units214 plus or minus 62
- Share single family64.3 percent
- Units in buildings of two or more101 plus or minus 42
- Share in buildings of two or more30.3 percent plus or minus 11.0
- Mobile homes18 plus or minus 16
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Deerwood
How Deerwood gets to work
- Workers 16 and over who commute281 plus or minus 99
- Commuting under 15 minutes157 plus or minus 89
- Share commuting under 15 minutes55.9 percent plus or minus 24.9
- Commuting 30 minutes or more49 plus or minus 24
- Share commuting 30 minutes or more17.4 percent plus or minus 6.1
- Drove alone76.3 percent plus or minus 35.3
- Carpooled17.3 percent plus or minus 22.9
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home6.3 percent plus or minus 6.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Deerwood
SBA loans in Deerwood (7(a))
- Approvals6
- Gross approval$2,294,300
- Average approval$382,383
- Median approval$200,000
- Largest approval$1,272,000
- Jobs supported21
- Jobs per approval3.5
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Deerwood, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Deerwood
SBA loans in Deerwood (504)
- Approvals7
- Gross approval$3,870,000
- Average approval$552,857
- Median approval$520,000
- Largest approval$1,030,000
- Jobs supported59
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Deerwood, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Deerwood
Flood risk in Deerwood
- NFIP communityCity of Deerwood
- NFIP community number270909
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/15/17
The City of Deerwood participates in the National Flood Insurance Program as community 270909 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Crow Wing County, not Deerwood
Crow Wing County context, not Deerwood figures
- Establishments in Crow Wing County2,283
- Covered employment, Crow Wing County31,053
- Average annual pay, Crow Wing County$53,044
- Housing units permitted, Crow Wing County431
Every figure in this section is published for Crow Wing County as a whole and is not a measurement of Deerwood.
All Crow Wing County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Deerwood questions, answered from the record.
How many people live in Deerwood, Minnesota?
710, in 270 households. Deerwood city covers 1.49 square miles of land, which is 477 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Deerwood in?
Crow Wing County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Deerwood?
$62,981. The median owner-occupied home is valued at $225,000. Median gross rent is $711 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Deerwood businesses?
6 7(a) approvals totaling $2.3 m since FY2020, across 5 lenders, median approval $200,000, plus 7 504 approvals worth $3.9 m since FY2010. These count approvals to borrowers whose address is in Deerwood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Deerwood borrowers get paid back?
No rate is published for Deerwood. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Deerwood in the National Flood Insurance Program?
Yes. Deerwood appears in the FEMA Community Status Book as Deerwood, city of, community 270909, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Deerwood figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Crow Wing County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Deerwood.
Is zoning published for Deerwood?
No. Nothing on this page presents parcel level zoning.
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