Le Sueur County, Minnesota: commercial real estate data.
Le Sueur County, Minnesota has a population of 29,113 across 449 square miles, up 2.7 percent since the 2020 census base. County output reached $1.24 bn in 2024, 722 establishments operate here, and the SBA record carries 33 7(a) approvals worth $15.4 m.
121 sourced county values · tier FULL · 11 sections
Le Sueur County
How many people live in Le Sueur County
- Population29,113
- Households11,650
- Average household size2.50
- Median household income$94,968
- Median age41.8
- Median gross rent$942 per month
- Median owner-occupied home value$316,500
- Home value to household income3.3 times
- Annual rent as a share of median income11.9 percent
- Adults 25 and over with a bachelor degree or higher26.3 percent
- Adults 25 and over with a graduate degree7.5 percent
- Adults 25 and over20,356
- Population under 186,683
- Share under 1823.0 percent
- Population 65 and over5,483
- Share 65 and over18.8 percent
- Working age population, 18 to 6416,947
- Civilian labor force15,916
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over71.0 percent
- Rank by population among Minnesota counties38th of 87
- Rank by population among US county-equivalents1501st
Le Sueur County is the 38th largest of 87 Minnesota counties by population. A median home costs 3.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.0 percent against 18.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Le Sueur County
Is Le Sueur County growing
- Population change since the 2020 census base2.72 percent
- Census 2020 base population28,677
- Births, 2024286
- Deaths, 2024230
- Natural change, 202456
- Net domestic migration, 20246
- Net international migration, 202463
- Total net migration, 202469
- Cumulative net domestic migration, 2021 to 2024450
- Rank by growth among US county-equivalents945th
The county has grown 2.72 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.
Le Sueur County
Where people moving to Le Sueur County come from
- Tax returns filed by households arriving953
- People arriving, from those returns1,751
- Adjusted gross income arriving$69.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$72,796
- Largest single originLe Sueur County Non-migrants (11,676 households)
- Largest single destination (11,676 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Le Sueur County Non-migrants | 11,676 | 24,310 | $1.01 bn |
| Scott County | 180 | 382 | $15.0 m |
| Other flows - Same State | 147 | 252 | $8.8 m |
| Other flows - Different State | 127 | 227 | $8.8 m |
| Blue Earth County | 117 | 191 | $7.6 m |
| Nicollet County | 91 | 168 | $7.8 m |
| Dakota County | 85 | 156 | $6.3 m |
| Rice County | 74 | 141 | $5.5 m |
The largest single source of arrivals is Le Sueur 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.
Le Sueur County
What the Le Sueur County economy runs on
- County GDP, 2024$1.24 bn
- County GDP, 2023$1.22 bn
- GDP change, 2023 to 20241.8 percent
- GDP change over five years24.8 percent
- Rank by GDP among Minnesota counties46th
- Rank by GDP among US county-equivalents1675th
- GDP per resident$42,702
Output grew 1.8 percent in the latest year and 24.8 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.
Le Sueur County
Who employs people in Le Sueur County
- Covered employment, annual average8,667
- Establishments reporting790
- Average annual pay$54,749
- Average weekly wage$1,053
- Sector 31-33, employment2,784
- Sector 31-33, average annual pay$72,155
- Sector 44-45, employment954
- Sector 44-45, average annual pay$28,344
- Sector 62, employment676
- Sector 62, average annual pay$36,365
- Sector 23, employment634
- Sector 23, average annual pay$74,481
- Sector 72, employment489
- Sector 52, employment255
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,784 | 45 | $72,155 |
| Sector 44-45 | 954 | 80 | $28,344 |
| Sector 62 | 676 | 102 | $36,365 |
| Sector 23 | 634 | 138 | $74,481 |
| Sector 72 | 489 | 51 | $17,655 |
| Sector 52 | 255 | 32 | $83,041 |
| Sector 81 | 202 | 70 | $30,844 |
| Sector 71 | 116 | 17 | $16,121 |
The largest sector is the biggest private employer group at 2,784 jobs, 32.1 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.
Le Sueur County
What businesses operate in Le Sueur County
- Establishments, all industries722
- Employment at those establishments7,817
- Annual payroll$458.9 m
- Establishments per 1,000 residents24.8
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.
Le Sueur County
What is being built in Le Sueur County
- Housing units authorised by permit, 202455
- Declared construction value permitted$19.0 m
- Single family units authorised49
- Multifamily units authorised6
- Multifamily share of units10.9 percent
- Average declared value per unit$344,919
- Units authorised per 1,000 households4.7
Multifamily is 10.9 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Le Sueur County
How much SBA lending happens in Le Sueur County
- 7(a) approvals recorded33
- 7(a) gross approval dollars$15.4 m
- Average 7(a) approval$467,682
- Median 7(a) approval$225,000
- 10th percentile approval$25,000
- 90th percentile approval$895,000
- Largest single approval$3,900,000
- Jobs reported supported, 7(a)478
- Jobs per approval14.5
- Distinct 7(a) lenders active17
- Distinct industries receiving approvals24
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.2 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter25
- Franchise loans3
- Franchise share of approvals9.1 percent
- Leading industry by approval countFull-Service Restaurants (5)
- Most active lenderFrandsen Bank and Trust (7)
- 504 approvals recorded22
- 504 gross approval dollars$15.3 m
- Average 504 approval$693,182
- Median 504 approval$412,000
- Distinct CDCs active6
- 504 jobs per approval5.7
- 504 jobs per million dollars approved8.3
- Most active CDCSoutheastern Minnesota 504 Development Corporation (9)
- 7(a) share of SBA approvals60.0 percent
- Combined SBA approval dollars$30.7 m
The average approval of $467,682 sits well above the median of $225,000, 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 15.2 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.
Le Sueur County
Do SBA loans in Le Sueur County get paid back
- Loans with a final outcome recorded8
- Paid in full7
- Charged off1
- Status: Paid in full7
- Status: Exempt from disclosure24
- Status: Charged off1
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 8 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Le Sueur County
Which parts of Le Sueur County get the lending
- Places in the county with recorded lending8
- NEW PRAGUE, approvals10
- LE CENTER, approvals5
- MONTGOMERY, approvals5
- Le Sueur, approvals4
- KASOTA, approvals3
- WATERVILLE, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| NEW PRAGUE | 10 | $1,637,800 |
| LE CENTER | 5 | $2,445,600 |
| MONTGOMERY | 5 | $2,285,100 |
| Le Sueur | 4 | $5,095,000 |
| KASOTA | 3 | $1,265,000 |
| WATERVILLE | 3 | $2,510,000 |
| ELYSIAN | 2 | $125,000 |
| CLEVELAND | 1 | $70,000 |
NEW PRAGUE accounts for 10 approvals against 5 in LE CENTER. 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.
Le Sueur County
How big is Le Sueur County
- Land area449 sq mi
- Rank by land area among Minnesota counties72nd of 87
- Width, east to west24.1 mi
- Height, north to south24 mi
- Geographies sharing a boundary6
- Residents per square mile of land65
- Establishments per square mile1.61
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 Le Sueur 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 Le Sueur County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population29,113
- Households11,650
- Average household size2.50
- Median household income$94,968
- Median age41.8
Common questions
Le Sueur County questions, answered from the record.
How many people live in Le Sueur County, Minnesota?
29,113, in 11,650 households, ranking 38th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Le Sueur County growing?
The population has grown 2.72 percent since the 2020 census base. In 2024 there were 286 births against 230 deaths, with net migration of 69. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Le Sueur County?
$94,968. The median owner-occupied home is valued at $316,500, which is 3.3 times income, and median gross rent is $942 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Le Sueur County?
722 establishments, employing 7,817 people with an annual payroll of $458.9 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 Le Sueur County?
Average annual pay is $54,749, or $1,053 a week, across 8,667 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Le Sueur County?
33 7(a) approvals totalling $15.4 m since FY2020, across 17 lenders, with a median approval of $225,000, plus 22 504 approvals worth $15.3 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Le Sueur County?
55 housing units were authorised by permit in 2024, with a declared construction value of $19.0 m. Multifamily was 10.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Le Sueur 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 Le Sueur County come from?
The largest single origin is Le Sueur County Non-migrants, with 11,676 households. Arriving households report an average income of $72,796 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 Le Sueur 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 Le Sueur 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.