Kandiyohi County, Minnesota: commercial real estate data.
Kandiyohi County, Minnesota has a population of 44,079 across 797 square miles, up 2.2 percent since the 2020 census base. County output reached $3.14 bn in 2024, 1,416 establishments operate here, and the SBA record carries 104 7(a) approvals worth $36.8 m.
121 sourced county values · tier FULL · 11 sections
Kandiyohi County
How many people live in Kandiyohi County
- Population44,079
- Households17,603
- Average household size2.50
- Median household income$76,592
- Median age40.0
- Median gross rent$909 per month
- Median owner-occupied home value$243,200
- Home value to household income3.2 times
- Annual rent as a share of median income14.2 percent
- Adults 25 and over with a bachelor degree or higher27.9 percent
- Adults 25 and over with a graduate degree7.8 percent
- Adults 25 and over29,740
- Population under 1810,807
- Share under 1824.5 percent
- Population 65 and over9,113
- Share 65 and over20.7 percent
- Working age population, 18 to 6424,159
- Civilian labor force22,755
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over68.4 percent
- Rank by population among Minnesota counties23rd of 87
- Rank by population among US county-equivalents1117th
Kandiyohi County is the 23rd largest of 87 Minnesota counties by population. A median home costs 3.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 24.5 percent against 20.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Kandiyohi County
Is Kandiyohi County growing
- Population change since the 2020 census base2.17 percent
- Census 2020 base population43,724
- Births, 2024550
- Deaths, 2024430
- Natural change, 2024120
- Net domestic migration, 2024-322
- Net international migration, 2024597
- Total net migration, 2024275
- Cumulative net domestic migration, 2021 to 2024-983
- Rank by growth among US county-equivalents1113th
The county has grown 2.17 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.
Kandiyohi County
Where people moving to Kandiyohi County come from
- Tax returns filed by households arriving834
- People arriving, from those returns1,452
- Adjusted gross income arriving$53.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$64,000
- Largest single originKandiyohi County Non-migrants (17,400 households)
- Largest single destination (17,400 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Kandiyohi County Non-migrants | 17,400 | 36,195 | $1.45 bn |
| Other flows - Different State | 250 | 432 | $18.2 m |
| Other flows - Same State | 249 | 418 | $15.8 m |
| Other flows - Midwest | 110 | 189 | $6.5 m |
| Other flows - South | 76 | 133 | $2.8 m |
| Stearns County | 64 | 105 | $3.5 m |
| Other flows - West | 64 | 110 | $8.9 m |
| Hennepin County | 57 | 101 | $4.1 m |
The largest single source of arrivals is Kandiyohi 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.
Kandiyohi County
What the Kandiyohi County economy runs on
- County GDP, 2024$3.14 bn
- County GDP, 2023$3.01 bn
- GDP change, 2023 to 20244.2 percent
- GDP change over five years36.7 percent
- Rank by GDP among Minnesota counties18th
- Rank by GDP among US county-equivalents946th
- GDP per resident$71,183
Output grew 4.2 percent in the latest year and 36.7 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.
Kandiyohi County
Who employs people in Kandiyohi County
- Covered employment, annual average23,173
- Establishments reporting1,484
- Average annual pay$51,980
- Average weekly wage$1,000
- Sector 62, employment5,522
- Sector 62, average annual pay$46,515
- Sector 44-45, employment2,926
- Sector 44-45, average annual pay$37,143
- Sector 31-33, employment2,651
- Sector 31-33, average annual pay$60,466
- Sector 72, employment1,561
- Sector 72, average annual pay$22,990
- Sector 23, employment1,350
- Sector 56, employment806
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 5,522 | 166 | $46,515 |
| Sector 44-45 | 2,926 | 190 | $37,143 |
| Sector 31-33 | 2,651 | 70 | $60,466 |
| Sector 72 | 1,561 | 92 | $22,990 |
| Sector 23 | 1,350 | 204 | $73,183 |
| Sector 56 | 806 | 66 | $46,263 |
| Sector 42 | 742 | 61 | $91,033 |
| Sector 81 | 588 | 125 | $33,297 |
The largest sector is the biggest private employer group at 5,522 jobs, 23.8 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.
Kandiyohi County
What businesses operate in Kandiyohi County
- Establishments, all industries1,416
- Employment at those establishments18,568
- Annual payroll$947.1 m
- Establishments per 1,000 residents32.1
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.
Kandiyohi County
What is being built in Kandiyohi County
- Housing units authorised by permit, 2024194
- Declared construction value permitted$48.3 m
- Single family units authorised70
- Multifamily units authorised124
- Multifamily share of units63.9 percent
- Average declared value per unit$248,802
- Units authorised per 1,000 households11.0
Multifamily is 63.9 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Kandiyohi County
How much SBA lending happens in Kandiyohi County
- 7(a) approvals recorded104
- 7(a) gross approval dollars$36.8 m
- Average 7(a) approval$354,251
- Median 7(a) approval$150,000
- 10th percentile approval$20,000
- 90th percentile approval$720,000
- Largest single approval$4,408,000
- Jobs reported supported, 7(a)787
- Jobs per approval7.6
- Distinct 7(a) lenders active21
- Distinct industries receiving approvals60
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer11.5 percent
- Loans on real estate terms12
- Loans on working capital terms, 120 months or shorter82
- Franchise loans9
- Franchise share of approvals8.7 percent
- Leading industry by approval countLandscaping Services (5)
- Most active lenderUnited Prairie Bank (21)
- 504 approvals recorded65
- 504 gross approval dollars$34.7 m
- Average 504 approval$533,369
- Median 504 approval$360,000
- Distinct CDCs active3
- 504 jobs per approval6.2
- 504 jobs per million dollars approved11.6
- Most active CDCMidwest Business Finance Corporation (63)
- 7(a) share of SBA approvals61.5 percent
- Combined SBA approval dollars$71.5 m
The average approval of $354,251 sits well above the median of $150,000, 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 11.5 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.
Kandiyohi County
Do SBA loans in Kandiyohi County get paid back
- Loans with a final outcome recorded48
- Paid in full48
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full48
- Status: Exempt from disclosure48
- Status: Cancelled8
Of the 48 loans that have reached a final outcome, 0.0 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.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Kandiyohi County
Which parts of Kandiyohi County get the lending
- Places in the county with recorded lending10
- WILLMAR, approvals45
- NEW LONDON, approvals21
- SPICER, approvals17
- RAYMOND, approvals6
- KERKHOVEN, approvals5
- HAWICK, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| WILLMAR | 45 | $18,807,500 |
| NEW LONDON | 21 | $9,345,500 |
| SPICER | 17 | $5,679,000 |
| RAYMOND | 6 | $581,800 |
| KERKHOVEN | 5 | $341,000 |
| HAWICK | 3 | $354,000 |
| PENNOCK | 3 | $993,300 |
| ATWATER | 2 | $113,000 |
WILLMAR accounts for 45 approvals against 21 in NEW LONDON. 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.
Kandiyohi County
How big is Kandiyohi County
- Land area797 sq mi
- Rank by land area among Minnesota counties29th of 87
- Width, east to west24.2 mi
- Height, north to south36 mi
- Geographies sharing a boundary6
- Residents per square mile of land55
- Establishments per square mile1.78
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 Kandiyohi 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 Kandiyohi County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population44,079
- Households17,603
- Average household size2.50
- Median household income$76,592
- Median age40.0
Common questions
Kandiyohi County questions, answered from the record.
How many people live in Kandiyohi County, Minnesota?
44,079, in 17,603 households, ranking 23rd of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Kandiyohi County growing?
The population has grown 2.17 percent since the 2020 census base. In 2024 there were 550 births against 430 deaths, with net migration of 275. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Kandiyohi County?
$76,592. The median owner-occupied home is valued at $243,200, which is 3.2 times income, and median gross rent is $909 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Kandiyohi County?
1,416 establishments, employing 18,568 people with an annual payroll of $947.1 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 Kandiyohi County?
Average annual pay is $51,980, or $1,000 a week, across 23,173 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Kandiyohi County?
104 7(a) approvals totalling $36.8 m since FY2020, across 21 lenders, with a median approval of $150,000, plus 65 504 approvals worth $34.7 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Kandiyohi County get paid back?
Of the 48 loans that have reached a final outcome, 48 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Kandiyohi County?
194 housing units were authorised by permit in 2024, with a declared construction value of $48.3 m. Multifamily was 63.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Kandiyohi County?
Zone 1, a predicted average indoor radon screening level greater than 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 Kandiyohi County come from?
The largest single origin is Kandiyohi County Non-migrants, with 17,400 households. Arriving households report an average income of $64,000 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 Kandiyohi 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 Kandiyohi 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.