Lake of the Woods: Economy & Jobs
Median household income in Lake of the Woods is $59,464 (1.2× below Marshall County median $71,808; 1.2× below Indiana median $73,612), with homes at a median value of $254,200.
Income & Affordability
Median household income $59,464 — below the Indiana median ($73,612). Poverty rate 6.5% (U.S. average ~12.5%).
| Median Household Income | $59,464 (vs Indiana $73,612) |
|---|---|
| Poverty Rate | 6.5% |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 8.9% — above the U.S. average of ~4%.
| Unemployment Rate | 8.9% (vs Indiana 4.5%) |
|---|
Other
| Pct Drove Alone | 94.0% |
|---|---|
| Pct Walked | 3.0% |