Wabasha County, Minnesota: commercial real estate data.
Wabasha County, Minnesota has a population of 21,565 across 523 square miles, up 0.9 percent since the 2020 census base. County output reached $1.09 bn in 2024, 556 establishments operate here, and the SBA record carries 8 7(a) approvals worth $1.4 m.
118 sourced county values · tier FULL · 11 sections
Wabasha County
How many people live in Wabasha County
- Population21,565
- Households9,156
- Average household size2.36
- Median household income$82,007
- Median age45.2
- Median gross rent$830 per month
- Median owner-occupied home value$264,400
- Home value to household income3.2 times
- Annual rent as a share of median income12.1 percent
- Adults 25 and over with a bachelor degree or higher26.5 percent
- Adults 25 and over with a graduate degree8.9 percent
- Adults 25 and over15,546
- Population under 184,706
- Share under 1821.8 percent
- Population 65 and over5,033
- Share 65 and over23.3 percent
- Working age population, 18 to 6411,826
- Civilian labor force11,404
- Unemployment rate2.2 percent
- Labor force participation, adults 18 and over67.6 percent
- Rank by population among Minnesota counties46th of 87
- Rank by population among US county-equivalents1790th
Wabasha County is the 46th 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 65 and over outnumber those under 18, at 23.3 percent against 21.8 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wabasha County
Is Wabasha County growing
- Population change since the 2020 census base0.93 percent
- Census 2020 base population21,375
- Births, 2024218
- Deaths, 2024246
- Natural change, 2024-28
- Net domestic migration, 2024-102
- Net international migration, 202420
- Total net migration, 2024-82
- Cumulative net domestic migration, 2021 to 2024142
- Rank by growth among US county-equivalents1504th
The county has grown 0.93 percent since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wabasha County
Where people moving to Wabasha County come from
- Tax returns filed by households arriving551
- People arriving, from those returns943
- Adjusted gross income arriving$34.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$63,064
- Largest single originWabasha County Non-migrants (9,114 households)
- Largest single destination (9,114 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Wabasha County Non-migrants | 9,114 | 18,387 | $733.4 m |
| Olmsted County | 165 | 260 | $9.6 m |
| Other flows - Different State | 128 | 222 | $7.1 m |
| Other flows - Same State | 101 | 187 | $6.7 m |
| Goodhue County | 88 | 165 | $5.4 m |
| Other flows - Midwest | 62 | 114 | $3.0 m |
| Other flows - West | 34 | 55 | $2.3 m |
| Other flows - South | 32 | 53 | $1.7 m |
The largest single source of arrivals is Wabasha 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.
Wabasha County
What the Wabasha County economy runs on
- County GDP, 2024$1.09 bn
- County GDP, 2023$986.2 m
- GDP change, 2023 to 202411.0 percent
- GDP change over five years34.8 percent
- Rank by GDP among Minnesota counties50th
- Rank by GDP among US county-equivalents1765th
- GDP per resident$50,743
Output grew 11.0 percent in the latest year and 34.8 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.
Wabasha County
Who employs people in Wabasha County
- Covered employment, annual average6,566
- Establishments reporting608
- Average annual pay$47,637
- Average weekly wage$916
- Sector 31-33, employment1,266
- Sector 31-33, average annual pay$61,810
- Sector 44-45, employment709
- Sector 44-45, average annual pay$28,832
- Sector 72, employment564
- Sector 72, average annual pay$17,254
- Sector 48-49, employment335
- Sector 48-49, average annual pay$69,778
- Sector 52, employment158
- Sector 23, employment156
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,266 | 27 | $61,810 |
| Sector 44-45 | 709 | 64 | $28,832 |
| Sector 72 | 564 | 64 | $17,254 |
| Sector 48-49 | 335 | 39 | $69,778 |
| Sector 52 | 158 | 22 | $74,998 |
| Sector 23 | 156 | 81 | $51,912 |
| Sector 81 | 154 | 50 | $25,409 |
| Sector 71 | 134 | 14 | $22,907 |
The largest sector is the biggest private employer group at 1,266 jobs, 19.3 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.
Wabasha County
What businesses operate in Wabasha County
- Establishments, all industries556
- Employment at those establishments5,125
- Annual payroll$234.3 m
- Establishments per 1,000 residents25.8
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.
Wabasha County
What is being built in Wabasha County
- Housing units authorised by permit, 202464
- Declared construction value permitted$15.6 m
- Single family units authorised58
- Multifamily units authorised6
- Multifamily share of units9.4 percent
- Average declared value per unit$243,990
- Units authorised per 1,000 households7.0
Multifamily is 9.4 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Wabasha County
How much SBA lending happens in Wabasha County
- 7(a) approvals recorded8
- 7(a) gross approval dollars$1.4 m
- Average 7(a) approval$178,688
- Median 7(a) approval$105,000
- 10th percentile approval$25,000
- 90th percentile approval$637,500
- Largest single approval$637,500
- Jobs reported supported, 7(a)67
- Jobs per approval8.4
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter8
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countVeterinary Services (2)
- Most active lenderMinnwest Bank (2)
- 504 approvals recorded22
- 504 gross approval dollars$9.7 m
- Average 504 approval$438,727
- Median 504 approval$283,000
- Distinct CDCs active5
- 504 jobs per approval6.9
- 504 jobs per million dollars approved15.6
- Most active CDCTwin Cities-Metro Certified Development Company (7)
- 7(a) share of SBA approvals26.7 percent
- Combined SBA approval dollars$11.1 m
The average approval of $178,688 sits well above the median of $105,000, 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 0.0 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.
Wabasha County
Do SBA loans in Wabasha County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Committed, not yet disbursed1
- Status: Exempt from disclosure3
- Status: Cancelled2
Too few loans have reached a final outcome to publish a charge off rate. only 2 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.
Wabasha County
Which parts of Wabasha County get the lending
- Places in the county with recorded lending3
- PLAINVIEW, approvals4
- LAKE CITY, approvals3
- ALTURA, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| PLAINVIEW | 4 | $742,500 |
| LAKE CITY | 3 | $337,000 |
| ALTURA | 1 | $350,000 |
PLAINVIEW accounts for 4 approvals against 3 in LAKE CITY. 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.
Wabasha County
How big is Wabasha County
- Land area523 sq mi
- Rank by land area among Minnesota counties65th of 87
- Width, east to west34.1 mi
- Height, north to south24 mi
- Geographies sharing a boundary3
- Residents per square mile of land41
- Establishments per square mile1.06
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 Wabasha 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 Wabasha County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population21,565
- Households9,156
- Average household size2.36
- Median household income$82,007
- Median age45.2
Common questions
Wabasha County questions, answered from the record.
How many people live in Wabasha County, Minnesota?
21,565, in 9,156 households, ranking 46th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wabasha County growing?
The population has grown 0.93 percent since the 2020 census base. In 2024 there were 218 births against 246 deaths, with net migration of -82. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wabasha County?
$82,007. The median owner-occupied home is valued at $264,400, which is 3.2 times income, and median gross rent is $830 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Wabasha County?
556 establishments, employing 5,125 people with an annual payroll of $234.3 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 Wabasha County?
Average annual pay is $47,637, or $916 a week, across 6,566 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wabasha County?
8 7(a) approvals totalling $1.4 m since FY2020, across 6 lenders, with a median approval of $105,000, plus 22 504 approvals worth $9.7 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Wabasha County?
64 housing units were authorised by permit in 2024, with a declared construction value of $15.6 m. Multifamily was 9.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wabasha 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 Wabasha County come from?
The largest single origin is Wabasha County Non-migrants, with 9,114 households. Arriving households report an average income of $63,064 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 Wabasha 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 Wabasha 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.