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Lake of the Woods County |
Per Cent Home Renter | |||||
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| Over 90% | 70 to 90 | 50 to 70 | 30 to 50 | Under 30% | ||
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Overview
The map on the left shows the percentage of home renters in Lake of the Woods County. For households just getting started this is the most common housing option. Renting a home means ...
- • Greater flexibility in living options
- • Lower up-front costs than owning
- • No long-term commitment
- • No maintenance costs or repair bills
- • No real estate taxes
Base on various studies, neighborhoods with high percentages of rented homes tend to be more risky over time. Thereby creating a poorer environment for raising children, creating long term relationships and development of a stronger neighborhood (e.g. crime prevention and civic pride)
Sources: STI: PopStats, Circa April 2025
Owner/Renter Comparison
| Data Topic | Lake of the Woods County | Minnesota | Nation |
| Total Population | 3,791 | 5,840,158 | 343,250,809 |
Housing | |||
| Owner Occupied | 1,511 | 1,663,447 | 84,857,403 |
| Renter Occupied | 248 | 643,463 | 46,440,947 |
| Vacant | 1,447 | 218,716 | 13,786,062 |
| Total Housing | 3,206 | 2,525,626 | 145,084,412 |
Per Cent Housing | |||
| Owner Occupied | 47.13 | 65.86 | 58.49 |
| Renter Occupied | 7.74 | 25.48 | 32.01 |
| Vacant | 45.13 | 8.66 | 9.50 |
