Anoka County, Minnesota: commercial real estate data.
Anoka County, Minnesota has a population of 370,349 across 423 square miles, up 3.6 percent since the 2020 census base. County output reached $20.60 bn in 2024, 8,438 establishments operate here, and the SBA record carries 800 7(a) approvals worth $382.4 m.
123 sourced county values · tier FULL · 11 sections
Anoka County
How many people live in Anoka County
- Population370,349
- Households137,432
- Average household size2.69
- Median household income$101,869
- Median age38.8
- Median gross rent$1,464 per month
- Median owner-occupied home value$346,500
- Home value to household income3.4 times
- Annual rent as a share of median income17.2 percent
- Adults 25 and over with a bachelor degree or higher32.2 percent
- Adults 25 and over with a graduate degree9.3 percent
- Adults 25 and over254,255
- Population under 1887,604
- Share under 1823.7 percent
- Population 65 and over57,229
- Share 65 and over15.5 percent
- Working age population, 18 to 64225,516
- Civilian labor force204,271
- Unemployment rate4.3 percent
- Labor force participation, adults 18 and over72.2 percent
- Rank by population among Minnesota counties4th of 87
- Rank by population among US county-equivalents203rd
Anoka County is the 4th largest of 87 Minnesota counties by population. A median home costs 3.4 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.7 percent against 15.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Anoka County
Is Anoka County growing
- Population change since the 2020 census base3.56 percent
- Census 2020 base population363,894
- Births, 20244,020
- Deaths, 20242,661
- Natural change, 20241,359
- Net domestic migration, 2024601
- Net international migration, 20241,789
- Total net migration, 20242,390
- Cumulative net domestic migration, 2021 to 20242,021
- Rank by growth among US county-equivalents766th
The county has grown 3.56 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Anoka County
Where people moving to Anoka County come from
- Tax returns filed by households arriving11,876
- People arriving, from those returns20,880
- Adjusted gross income arriving$748.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$63,023
- Largest single originAnoka County Non-migrants (144,423 households)
- Largest single destination (144,423 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Anoka County Non-migrants | 144,423 | 296,856 | $13.38 bn |
| Hennepin County | 4,443 | 7,903 | $260.2 m |
| Ramsey County | 2,324 | 4,228 | $155.4 m |
| Other flows - Different State | 1,589 | 2,891 | $98.0 m |
| Other flows - Midwest | 576 | 1,027 | $36.7 m |
| Washington County | 571 | 987 | $40.1 m |
| Other flows - South | 476 | 913 | $27.3 m |
| Dakota County | 399 | 649 | $29.9 m |
The largest single source of arrivals is Anoka County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Anoka County
What the Anoka County economy runs on
- County GDP, 2024$20.60 bn
- County GDP, 2023$19.71 bn
- GDP change, 2023 to 20244.5 percent
- GDP change over five years25.8 percent
- Rank by GDP among Minnesota counties4th
- Rank by GDP among US county-equivalents252nd
- GDP per resident$55,630
Output grew 4.5 percent in the latest year and 25.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Anoka County
Who employs people in Anoka County
- Covered employment, annual average133,130
- Establishments reporting8,852
- Average annual pay$65,235
- Average weekly wage$1,255
- Sector 31-33, employment22,681
- Sector 31-33, average annual pay$91,431
- Sector 62, employment20,554
- Sector 62, average annual pay$63,285
- Sector 44-45, employment16,008
- Sector 44-45, average annual pay$37,229
- Sector 72, employment10,932
- Sector 72, average annual pay$24,228
- Sector 23, employment9,327
- Sector 42, employment7,074
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 22,681 | 595 | $91,431 |
| Sector 62 | 20,554 | 1,512 | $63,285 |
| Sector 44-45 | 16,008 | 881 | $37,229 |
| Sector 72 | 10,932 | 560 | $24,228 |
| Sector 23 | 9,327 | 1,188 | $85,895 |
| Sector 42 | 7,074 | 452 | $102,606 |
| Sector 56 | 6,778 | 447 | $48,395 |
| Sector 54 | 4,408 | 672 | $91,397 |
The largest sector is the biggest private employer group at 22,681 jobs, 17.0 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Anoka County
What businesses operate in Anoka County
- Establishments, all industries8,438
- Employment at those establishments123,486
- Annual payroll$7.38 bn
- Establishments per 1,000 residents22.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Anoka County
What is being built in Anoka County
- Housing units authorised by permit, 20241,062
- Declared construction value permitted$337.3 m
- Single family units authorised898
- Multifamily units authorised164
- Multifamily share of units15.4 percent
- Average declared value per unit$317,603
- Units authorised per 1,000 households7.7
Multifamily is 15.4 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Anoka County
How much SBA lending happens in Anoka County
- 7(a) approvals recorded800
- 7(a) gross approval dollars$382.4 m
- Average 7(a) approval$478,006
- Median 7(a) approval$200,000
- 10th percentile approval$25,000
- 90th percentile approval$1,180,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)9,876
- Jobs per approval12.3
- Distinct 7(a) lenders active93
- Distinct industries receiving approvals229
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer9.3 percent
- Loans on real estate terms74
- Loans on working capital terms, 120 months or shorter682
- Franchise loans89
- Franchise share of approvals11.1 percent
- Leading industry by approval countLimited-Service Restaurants (39)
- Most active lenderU.S. Bank, National Association (121)
- 504 approvals recorded342
- 504 gross approval dollars$234.9 m
- Average 504 approval$686,722
- Median 504 approval$432,000
- Distinct CDCs active6
- 504 jobs per approval10.3
- 504 jobs per million dollars approved15.0
- Most active CDCTwin Cities-Metro Certified Development Company (140)
- 7(a) share of SBA approvals70.1 percent
- Combined SBA approval dollars$617.3 m
The average approval of $478,006 sits well above the median of $200,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 9.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Anoka County
Do SBA loans in Anoka County get paid back
- Loans with a final outcome recorded209
- Paid in full201
- Charged off8
- Charge off rate on resolved loans3.8 percent
- Status: Paid in full201
- Status: Exempt from disclosure474
- Status: Charged off8
- Status: Cancelled87
- Status: Committed, not yet disbursed30
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 14 | 0 | 0.0% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 13 | 0 | 0.0% |
Of the 209 loans that have reached a final outcome, 3.8 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong. Among industries with at least ten resolved loans, Limited-Service Restaurants carries the highest charge off rate at 0.0 percent.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Anoka County
Which parts of Anoka County get the lending
- Places in the county with recorded lending39
- MINNEAPOLIS, approvals197
- ANOKA, approvals107
- Blaine, approvals101
- ANDOVER, approvals84
- COON RAPIDS, approvals50
- CIRCLE PINES, approvals36
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MINNEAPOLIS | 197 | $83,480,900 |
| ANOKA | 107 | $47,186,500 |
| Blaine | 101 | $60,476,300 |
| ANDOVER | 84 | $27,110,600 |
| COON RAPIDS | 50 | $27,634,000 |
| CIRCLE PINES | 36 | $11,793,200 |
| Fridley | 35 | $32,886,000 |
| Ramsey | 34 | $22,890,500 |
MINNEAPOLIS accounts for 197 approvals against 107 in ANOKA. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Anoka County
How big is Anoka County
- Land area423 sq mi
- Rank by land area among Minnesota counties81st of 87
- Width, east to west24.1 mi
- Height, north to south26.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land876
- Establishments per square mile19.95
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
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.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Anoka County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Anoka County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population370,349
- Households137,432
- Average household size2.69
- Median household income$101,869
- Median age38.8
Common questions
Anoka County questions, answered from the record.
How many people live in Anoka County, Minnesota?
370,349, in 137,432 households, ranking 4th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Anoka County growing?
The population has grown 3.56 percent since the 2020 census base. In 2024 there were 4,020 births against 2,661 deaths, with net migration of 2,390. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Anoka County?
$101,869. The median owner-occupied home is valued at $346,500, which is 3.4 times income, and median gross rent is $1,464 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Anoka County?
8,438 establishments, employing 123,486 people with an annual payroll of $7.38 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Anoka County?
Average annual pay is $65,235, or $1,255 a week, across 133,130 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Anoka County?
800 7(a) approvals totalling $382.4 m since FY2020, across 93 lenders, with a median approval of $200,000, plus 342 504 approvals worth $234.9 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Anoka County get paid back?
Of the 209 loans that have reached a final outcome, 201 were paid in full and 8 charged off, a charge off rate of 3.8 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Anoka County?
1,062 housing units were authorised by permit in 2024, with a declared construction value of $337.3 m. Multifamily was 15.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Anoka County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Anoka County come from?
The largest single origin is Anoka County Non-migrants, with 144,423 households. Arriving households report an average income of $63,023 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Anoka County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Anoka County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.