Land Market Insights and Pricing in Lake of the Woods County, Minnesota

Lake of the Woods County, Minnesota, offers a unique landscape dominated by its namesake lake, which covers 27% of the county's area. As the northernmost county in the contiguous United States, it features low rolling hills, partly wooded terrain, and abundant water bodies, including Browns Lake and Lost Lake. The land, sloping east and north, presents a mix of forested areas and agricultural land, with numerous wetlands and small lakes influencing soil quality. Lake of the Woods County boasts a strong economy with a low 1.8% unemployment rate, median worker earnings of $41,207, and an attractive 0.71% property tax rate. The county's very high resilience to natural disasters, as assessed by FEMA, adds to its appeal for land buyers seeking stability and natural beauty in northern Minnesota.