Beltrami County, Minnesota: commercial real estate data.
Beltrami County, Minnesota has a population of 46,512 across 2,505 square miles, up 1.2 percent since the 2020 census base. County output reached $2.52 bn in 2024, 1,250 establishments operate here, and the SBA record carries 178 7(a) approvals worth $28.2 m.
123 sourced county values · tier FULL · 11 sections
Beltrami County
How many people live in Beltrami County
- Population46,512
- Households18,172
- Average household size2.56
- Median household income$68,975
- Median age35.3
- Median gross rent$1,053 per month
- Median owner-occupied home value$237,500
- Home value to household income3.4 times
- Annual rent as a share of median income18.3 percent
- Adults 25 and over with a bachelor degree or higher31.8 percent
- Adults 25 and over with a graduate degree12.1 percent
- Adults 25 and over29,008
- Population under 1811,484
- Share under 1824.7 percent
- Population 65 and over8,176
- Share 65 and over17.6 percent
- Working age population, 18 to 6426,852
- Civilian labor force22,734
- Unemployment rate4.7 percent
- Labor force participation, adults 18 and over64.9 percent
- Rank by population among Minnesota counties21st of 87
- Rank by population among US county-equivalents1067th
Beltrami County is the 21st 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 24.7 percent against 17.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Beltrami County
Is Beltrami County growing
- Population change since the 2020 census base1.16 percent
- Census 2020 base population46,228
- Births, 2024517
- Deaths, 2024485
- Natural change, 202432
- Net domestic migration, 202459
- Net international migration, 202437
- Total net migration, 202496
- Cumulative net domestic migration, 2021 to 2024252
- Rank by growth among US county-equivalents1430th
The county has grown 1.16 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.
Beltrami County
Where people moving to Beltrami County come from
- Tax returns filed by households arriving1,068
- People arriving, from those returns1,787
- Adjusted gross income arriving$63.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$59,623
- Largest single originBeltrami County Non-migrants (16,441 households)
- Largest single destination (16,441 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Beltrami County Non-migrants | 16,441 | 34,031 | $1.20 bn |
| Other flows - Different State | 362 | 620 | $23.7 m |
| Other flows - Same State | 302 | 459 | $17.3 m |
| Other flows - Midwest | 139 | 233 | $7.8 m |
| Other flows - West | 117 | 200 | $9.5 m |
| Hubbard County | 101 | 191 | $5.4 m |
| Other flows - South | 84 | 154 | $5.2 m |
| Cass County | 68 | 131 | $2.7 m |
The largest single source of arrivals is Beltrami 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.
Beltrami County
What the Beltrami County economy runs on
- County GDP, 2024$2.52 bn
- County GDP, 2023$2.40 bn
- GDP change, 2023 to 20245.0 percent
- GDP change over five years29.1 percent
- Rank by GDP among Minnesota counties26th
- Rank by GDP among US county-equivalents1100th
- GDP per resident$54,160
Output grew 5.0 percent in the latest year and 29.1 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.
Beltrami County
Who employs people in Beltrami County
- Covered employment, annual average20,746
- Establishments reporting1,326
- Average annual pay$54,299
- Average weekly wage$1,044
- Sector 62, employment4,324
- Sector 62, average annual pay$63,690
- Sector 44-45, employment2,955
- Sector 44-45, average annual pay$33,511
- Sector 72, employment2,077
- Sector 72, average annual pay$20,211
- Sector 23, employment1,285
- Sector 23, average annual pay$74,873
- Sector 31-33, employment901
- Sector 42, employment544
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 4,324 | 166 | $63,690 |
| Sector 44-45 | 2,955 | 193 | $33,511 |
| Sector 72 | 2,077 | 132 | $20,211 |
| Sector 23 | 1,285 | 170 | $74,873 |
| Sector 31-33 | 901 | 35 | $57,309 |
| Sector 42 | 544 | 44 | $57,975 |
| Sector 48-49 | 481 | 40 | $69,330 |
| Sector 81 | 480 | 108 | $40,029 |
The largest sector is the biggest private employer group at 4,324 jobs, 20.8 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.
Beltrami County
What businesses operate in Beltrami County
- Establishments, all industries1,250
- Employment at those establishments16,073
- Annual payroll$747.0 m
- Establishments per 1,000 residents26.9
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.
Beltrami County
What is being built in Beltrami County
- Housing units authorised by permit, 2024156
- Declared construction value permitted$21.3 m
- Single family units authorised63
- Multifamily units authorised93
- Multifamily share of units59.6 percent
- Average declared value per unit$136,239
- Units authorised per 1,000 households8.6
Multifamily is 59.6 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Beltrami County
How much SBA lending happens in Beltrami County
- 7(a) approvals recorded178
- 7(a) gross approval dollars$28.2 m
- Average 7(a) approval$158,411
- Median 7(a) approval$75,000
- 10th percentile approval$20,000
- 90th percentile approval$350,000
- Largest single approval$1,563,700
- Jobs reported supported, 7(a)892
- Jobs per approval5.0
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals82
- Median 7(a) term84 months
- Share of loans on real estate terms, 240 months or longer6.2 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter161
- Franchise loans12
- Franchise share of approvals6.7 percent
- Leading industry by approval countBeef Cattle Ranching and Farming (15)
- Most active lenderSecurity Bank USA (109)
- 504 approvals recorded74
- 504 gross approval dollars$50.7 m
- Average 504 approval$684,878
- Median 504 approval$381,000
- Distinct CDCs active5
- 504 jobs per approval7.1
- 504 jobs per million dollars approved10.4
- Most active CDCMidwest Business Finance Corporation (54)
- 7(a) share of SBA approvals70.6 percent
- Combined SBA approval dollars$78.9 m
The average approval of $158,411 sits well above the median of $75,000, 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 6.2 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.
Beltrami County
Do SBA loans in Beltrami County get paid back
- Loans with a final outcome recorded87
- Paid in full85
- Charged off2
- Charge off rate on resolved loans2.3 percent
- Status: Paid in full85
- Status: Exempt from disclosure79
- Status: Cancelled10
- Status: Charged off2
- Status: Committed, not yet disbursed2
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 112111 | Beef Cattle Ranching and Farming | 10 | 0 | 0.0% |
Of the 87 loans that have reached a final outcome, 2.3 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, Beef Cattle Ranching and Farming 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.
Beltrami County
Which parts of Beltrami County get the lending
- Places in the county with recorded lending12
- BEMIDJI, approvals142
- PUPOSKY, approvals10
- BLACKDUCK, approvals4
- SOLWAY, approvals4
- TENSTRIKE, approvals4
- HINES, approvals4
| Place | Approvals | Gross approval dollars |
|---|---|---|
| BEMIDJI | 142 | $23,267,500 |
| PUPOSKY | 10 | $622,200 |
| BLACKDUCK | 4 | $447,500 |
| SOLWAY | 4 | $754,000 |
| TENSTRIKE | 4 | $890,000 |
| HINES | 4 | $1,005,300 |
| WASKISH | 3 | $235,900 |
| Shevlin | 3 | $775,000 |
BEMIDJI accounts for 142 approvals against 10 in PUPOSKY. 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.
Beltrami County
How big is Beltrami County
- Land area2,505 sq mi
- Rank by land area among Minnesota counties4th of 87
- Width, east to west55 mi
- Height, north to south78.1 mi
- Geographies sharing a boundary9
- Residents per square mile of land19
- Establishments per square mile0.50
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 Beltrami 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 Beltrami County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population46,512
- Households18,172
- Average household size2.56
- Median household income$68,975
- Median age35.3
Common questions
Beltrami County questions, answered from the record.
How many people live in Beltrami County, Minnesota?
46,512, in 18,172 households, ranking 21st of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Beltrami County growing?
The population has grown 1.16 percent since the 2020 census base. In 2024 there were 517 births against 485 deaths, with net migration of 96. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Beltrami County?
$68,975. The median owner-occupied home is valued at $237,500, which is 3.4 times income, and median gross rent is $1,053 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Beltrami County?
1,250 establishments, employing 16,073 people with an annual payroll of $747.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Beltrami County?
Average annual pay is $54,299, or $1,044 a week, across 20,746 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Beltrami County?
178 7(a) approvals totalling $28.2 m since FY2020, across 14 lenders, with a median approval of $75,000, plus 74 504 approvals worth $50.7 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Beltrami County get paid back?
Of the 87 loans that have reached a final outcome, 85 were paid in full and 2 charged off, a charge off rate of 2.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Beltrami County?
156 housing units were authorised by permit in 2024, with a declared construction value of $21.3 m. Multifamily was 59.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Beltrami 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 Beltrami County come from?
The largest single origin is Beltrami County Non-migrants, with 16,441 households. Arriving households report an average income of $59,623 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 Beltrami 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 Beltrami 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.