HomeMinnesotaCrow Wing CountyDeerwood city
Deerwood city, Minnesota: commercial real estate data.
Deerwood city 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.
76 sourced place values · tier FULL · 8 sections · 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
- Ninetieth percentile approval$1,272,000
- 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
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Crow Wing County, not Deerwood
Crow Wing County context, not Deerwood figures
These are Crow Wing County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Deerwood measurements.
- Establishments in Crow Wing County2,283
- Employment at those establishments, Crow Wing County28,209
- Covered employment, Crow Wing County31,053
- Average annual pay, Crow Wing County$53,044
- Average weekly wage, Crow Wing County$1,020
- Housing units permitted, Crow Wing County431
- Of those, single family, Crow Wing County419
- County product, 2024, Crow Wing County$4,043,802,000
- County product change over the prior year, Crow Wing County5.5 percent
- Average income of an arriving household, Crow Wing County$119,837
Every figure in this section is published for Crow Wing County as a whole and is not a measurement of Deerwood. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $2.3 m, across 5 lenders, median approval $200,000, plus 7 504 approvals worth $3.9 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Deerwood figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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