Sherburne County, Minnesota: commercial real estate data.
Sherburne County, Minnesota has a population of 100,560 across 433 square miles, up 6.0 percent since the 2020 census base. County output reached $4.90 bn in 2024, 2,251 establishments operate here, and the SBA record carries 234 7(a) approvals worth $84.6 m.
123 sourced county values · tier FULL · 11 sections
Sherburne County
How many people live in Sherburne County
- Population100,560
- Households35,555
- Average household size2.83
- Median household income$105,466
- Median age37.0
- Median gross rent$1,127 per month
- Median owner-occupied home value$361,400
- Home value to household income3.4 times
- Annual rent as a share of median income12.8 percent
- Adults 25 and over with a bachelor degree or higher29.7 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over66,512
- Population under 1825,908
- Share under 1825.8 percent
- Population 65 and over12,400
- Share 65 and over12.3 percent
- Working age population, 18 to 6462,252
- Civilian labor force56,427
- Unemployment rate3.0 percent
- Labor force participation, adults 18 and over75.6 percent
- Rank by population among Minnesota counties12th of 87
- Rank by population among US county-equivalents618th
Sherburne County is the 12th 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 25.8 percent against 12.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Sherburne County
Is Sherburne County growing
- Population change since the 2020 census base6.05 percent
- Census 2020 base population97,180
- Births, 20241,139
- Deaths, 2024592
- Natural change, 2024547
- Net domestic migration, 202443
- Net international migration, 2024156
- Total net migration, 2024199
- Cumulative net domestic migration, 2021 to 20243,172
- Rank by growth among US county-equivalents401st
The county has grown 6.05 percent since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Sherburne County
Where people moving to Sherburne County come from
- Tax returns filed by households arriving3,884
- People arriving, from those returns7,053
- Adjusted gross income arriving$243.0 m
- Net adjusted gross income movement$0
- Average income of an arriving household$62,572
- Largest single originSherburne County Non-migrants (36,587 households)
- Largest single destination (36,587 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Sherburne County Non-migrants | 36,587 | 80,208 | $3.38 bn |
| Hennepin County | 746 | 1,337 | $51.0 m |
| Anoka County | 636 | 1,192 | $44.7 m |
| Other flows - Different State | 516 | 954 | $31.5 m |
| Wright County | 455 | 837 | $31.9 m |
| Stearns County | 420 | 747 | $19.6 m |
| Other flows - Same State | 282 | 453 | $14.5 m |
| Other flows - Midwest | 179 | 322 | $10.2 m |
The largest single source of arrivals is Sherburne 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.
Sherburne County
What the Sherburne County economy runs on
- County GDP, 2024$4.90 bn
- County GDP, 2023$4.66 bn
- GDP change, 2023 to 20245.1 percent
- GDP change over five years33.9 percent
- Rank by GDP among Minnesota counties13th
- Rank by GDP among US county-equivalents726th
- GDP per resident$48,695
Output grew 5.1 percent in the latest year and 33.9 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.
Sherburne County
Who employs people in Sherburne County
- Covered employment, annual average28,090
- Establishments reporting2,490
- Average annual pay$57,774
- Average weekly wage$1,111
- Sector 31-33, employment4,144
- Sector 31-33, average annual pay$71,979
- Sector 62, employment3,795
- Sector 62, average annual pay$51,022
- Sector 44-45, employment3,467
- Sector 44-45, average annual pay$39,474
- Sector 72, employment2,553
- Sector 72, average annual pay$21,396
- Sector 23, employment2,476
- Sector 48-49, employment1,094
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 4,144 | 166 | $71,979 |
| Sector 62 | 3,795 | 396 | $51,022 |
| Sector 44-45 | 3,467 | 201 | $39,474 |
| Sector 72 | 2,553 | 124 | $21,396 |
| Sector 23 | 2,476 | 468 | $74,255 |
| Sector 48-49 | 1,094 | 84 | $60,810 |
| Sector 81 | 1,014 | 323 | $34,157 |
| Sector 56 | 918 | 123 | $45,591 |
The largest sector is the biggest private employer group at 4,144 jobs, 14.8 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.
Sherburne County
What businesses operate in Sherburne County
- Establishments, all industries2,251
- Employment at those establishments24,222
- Annual payroll$1.30 bn
- Establishments per 1,000 residents22.4
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.
Sherburne County
What is being built in Sherburne County
- Housing units authorised by permit, 2024334
- Declared construction value permitted$78.6 m
- Single family units authorised268
- Multifamily units authorised66
- Multifamily share of units19.8 percent
- Average declared value per unit$235,418
- Units authorised per 1,000 households9.4
Multifamily is 19.8 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Sherburne County
How much SBA lending happens in Sherburne County
- 7(a) approvals recorded234
- 7(a) gross approval dollars$84.6 m
- Average 7(a) approval$361,513
- Median 7(a) approval$150,000
- 10th percentile approval$25,000
- 90th percentile approval$909,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)2,231
- Jobs per approval9.5
- Distinct 7(a) lenders active47
- Distinct industries receiving approvals107
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer7.3 percent
- Loans on real estate terms17
- Loans on working capital terms, 120 months or shorter203
- Franchise loans15
- Franchise share of approvals6.4 percent
- Leading industry by approval countPlumbing, Heating, and Air-Conditioning Contractors (9)
- Most active lenderThe Bank of Elk River (28)
- 504 approvals recorded118
- 504 gross approval dollars$80.0 m
- Average 504 approval$678,254
- Median 504 approval$431,000
- Distinct CDCs active6
- 504 jobs per approval12.1
- 504 jobs per million dollars approved17.9
- Most active CDCMidwest Business Finance Corporation (73)
- 7(a) share of SBA approvals66.5 percent
- Combined SBA approval dollars$164.6 m
The average approval of $361,513 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 7.3 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.
Sherburne County
Do SBA loans in Sherburne County get paid back
- Loans with a final outcome recorded58
- Paid in full56
- Charged off2
- Charge off rate on resolved loans3.4 percent
- Status: Paid in full56
- Status: Exempt from disclosure136
- Status: Cancelled31
- Status: Charged off2
- Status: Committed, not yet disbursed9
Of the 58 loans that have reached a final outcome, 3.4 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.
Sherburne County
Which parts of Sherburne County get the lending
- Places in the county with recorded lending11
- Elk River, approvals92
- ZIMMERMAN, approvals43
- BIG LAKE, approvals37
- Becker, approvals24
- SAINT CLOUD, approvals12
- Princeton, approvals12
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Elk River | 92 | $40,459,800 |
| ZIMMERMAN | 43 | $11,198,100 |
| BIG LAKE | 37 | $12,587,000 |
| Becker | 24 | $5,317,400 |
| SAINT CLOUD | 12 | $1,531,800 |
| Princeton | 12 | $4,280,000 |
| CLEAR LAKE | 7 | $2,014,900 |
| OTSEGO | 3 | $505,000 |
Elk River accounts for 92 approvals against 43 in ZIMMERMAN. 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.
Sherburne County
How big is Sherburne County
- Land area433 sq mi
- Rank by land area among Minnesota counties77th of 87
- Width, east to west31.1 mi
- Height, north to south21.7 mi
- Geographies sharing a boundary7
- Residents per square mile of land232
- Establishments per square mile5.20
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 Sherburne 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 Sherburne County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population100,560
- Households35,555
- Average household size2.83
- Median household income$105,466
- Median age37.0
Common questions
Sherburne County questions, answered from the record.
How many people live in Sherburne County, Minnesota?
100,560, in 35,555 households, ranking 12th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Sherburne County growing?
The population has grown 6.05 percent since the 2020 census base. In 2024 there were 1,139 births against 592 deaths, with net migration of 199. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Sherburne County?
$105,466. The median owner-occupied home is valued at $361,400, which is 3.4 times income, and median gross rent is $1,127 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Sherburne County?
2,251 establishments, employing 24,222 people with an annual payroll of $1.30 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 Sherburne County?
Average annual pay is $57,774, or $1,111 a week, across 28,090 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Sherburne County?
234 7(a) approvals totalling $84.6 m since FY2020, across 47 lenders, with a median approval of $150,000, plus 118 504 approvals worth $80.0 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Sherburne County get paid back?
Of the 58 loans that have reached a final outcome, 56 were paid in full and 2 charged off, a charge off rate of 3.4 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Sherburne County?
334 housing units were authorised by permit in 2024, with a declared construction value of $78.6 m. Multifamily was 19.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Sherburne 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 Sherburne County come from?
The largest single origin is Sherburne County Non-migrants, with 36,587 households. Arriving households report an average income of $62,572 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 Sherburne 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 Sherburne 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.