Deerwood is a city located in Minnesota. With a 2020 population of 536, it is the 478th largest city in Minnesota and the 13016th largest city in the United States. Deerwood is currently growing at a rate of 0.75% annually and its population has increased by 0.75% since the most recent census, which recorded a population of 532 in 2010. Spanning over 2 miles, Deerwood has a population density of 360 people per square mile.
The average household income in Deerwood is $47,909 with a poverty rate of 21.22%. The median rental costs in recent years comes to $492 per month, and the median house value is $111,600. The median age in Deerwood is 39.3 years, 35.2 years for males, and 39.9 years for females. For every 100 females there are 89.2 males.