Wilkin County, Minnesota: commercial real estate data.
Wilkin County, Minnesota has a population of 6,371 across 751 square miles, down 3.7 percent since the 2020 census base. County output reached $385.5 m in 2024, 145 establishments operate here, and the SBA record carries 1 7(a) approvals worth $197,200.
111 sourced county values · tier FULL · 10 sections
Wilkin County
How many people live in Wilkin County
- Population6,371
- Households2,655
- Average household size2.40
- Median household income$71,410
- Median age42.2
- Median gross rent$564 per month
- Median owner-occupied home value$182,200
- Home value to household income2.6 times
- Annual rent as a share of median income9.5 percent
- Adults 25 and over with a bachelor degree or higher23.0 percent
- Adults 25 and over with a graduate degree4.3 percent
- Adults 25 and over4,452
- Population under 181,448
- Share under 1822.7 percent
- Population 65 and over1,271
- Share 65 and over19.9 percent
- Working age population, 18 to 643,652
- Civilian labor force3,165
- Unemployment rate4.8 percent
- Labor force participation, adults 18 and over64.3 percent
- Rank by population among Minnesota counties77th of 87
- Rank by population among US county-equivalents2785th
Wilkin County is the 77th largest of 87 Minnesota counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.7 percent against 19.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wilkin County
Is Wilkin County growing
- Population change since the 2020 census base-3.69 percent
- Census 2020 base population6,508
- Births, 202433
- Deaths, 202490
- Natural change, 2024-57
- Net domestic migration, 2024-24
- Net international migration, 202419
- Total net migration, 2024-5
- Cumulative net domestic migration, 2021 to 2024-102
- Rank by growth among US county-equivalents2851st
The county has lost 3.69 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wilkin County
Where people moving to Wilkin County come from
- Tax returns filed by households arriving170
- People arriving, from those returns297
- Adjusted gross income arriving$7.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$45,794
- Largest single originWilkin County Non-migrants (2,512 households)
- Largest single destination (2,512 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Wilkin County Non-migrants | 2,512 | 5,226 | $203.8 m |
| Other flows - Same State | 53 | 102 | $2.5 m |
| Richland County | 44 | 75 | $2.1 m |
| Clay County | 27 | 45 | $1.4 m |
| Other flows - Different State | 24 | 37 | $899,000 |
| Other flows - Midwest | 24 | 37 | $899,000 |
| Cass County | 22 | 38 | $839,000 |
The largest single source of arrivals is Wilkin 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.
Wilkin County
What the Wilkin County economy runs on
- County GDP, 2024$385.5 m
- County GDP, 2023$464.4 m
- GDP change, 2023 to 2024-17.0 percent
- GDP change over five years25.6 percent
- Rank by GDP among Minnesota counties79th
- Rank by GDP among US county-equivalents2570th
- GDP per resident$60,516
Output grew -17.0 percent in the latest year and 25.6 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.
Wilkin County
Who employs people in Wilkin County
- Covered employment, annual average1,644
- Establishments reporting208
- Average annual pay$56,011
- Average weekly wage$1,077
- Sector 62, employment332
- Sector 62, average annual pay$49,861
- Sector 42, employment160
- Sector 42, average annual pay$95,549
- Sector 23, employment82
- Sector 23, average annual pay$49,477
- Sector 72, employment58
- Sector 72, average annual pay$21,703
- Sector 81, employment57
- Sector 54, employment45
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 332 | 13 | $49,861 |
| Sector 42 | 160 | 12 | $95,549 |
| Sector 23 | 82 | 24 | $49,477 |
| Sector 72 | 58 | 6 | $21,703 |
| Sector 81 | 57 | 20 | $49,014 |
| Sector 54 | 45 | 6 | $81,158 |
| Sector 31-33 | 24 | 4 | $44,302 |
| Sector 56 | 18 | 7 | $44,359 |
The largest sector is the biggest private employer group at 332 jobs, 20.2 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.
Wilkin County
What businesses operate in Wilkin County
- Establishments, all industries145
- Employment at those establishments1,638
- Annual payroll$78.4 m
- Establishments per 1,000 residents22.8
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.
Wilkin County
What is being built in Wilkin County
- Housing units authorised by permit, 20248
- Declared construction value permitted$2.0 m
- Single family units authorised4
- Multifamily units authorised4
- Multifamily share of units50.0 percent
- Average declared value per unit$248,500
- Units authorised per 1,000 households3.0
Multifamily is 50.0 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Wilkin County
How much SBA lending happens in Wilkin County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$197,200
- Average 7(a) approval$197,200
- Median 7(a) approval$197,200
- 10th percentile approval$197,200
- 90th percentile approval$197,200
- Largest single approval$197,200
- Jobs reported supported, 7(a)7
- Jobs per approval7.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- 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 shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countCoffee and Tea Manufacturing (1)
- Most active lenderBell Bank (1)
- 504 approvals recorded2
- 504 gross approval dollars$320,000
- Average 504 approval$160,000
- Median 504 approval$215,000
- Distinct CDCs active1
- 504 jobs per approval2.0
- 504 jobs per million dollars approved12.5
- Most active CDCMidwest Business Finance Corporation (2)
- 7(a) share of SBA approvals33.3 percent
- Combined SBA approval dollars$517,200
The average approval of $197,200 sits close to the median of $197,200, so lending here is fairly evenly sized rather than driven by a few large deals. 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.
Wilkin County
Do SBA loans in Wilkin County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 0 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.
Wilkin County
How big is Wilkin County
- Land area751 sq mi
- Rank by land area among Minnesota counties33rd of 87
- Width, east to west24.8 mi
- Height, north to south42.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land8
- Establishments per square mile0.19
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 Wilkin 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 Wilkin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population6,371
- Households2,655
- Average household size2.40
- Median household income$71,410
- Median age42.2
Common questions
Wilkin County questions, answered from the record.
How many people live in Wilkin County, Minnesota?
6,371, in 2,655 households, ranking 77th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wilkin County growing?
The population has fallen 3.69 percent since the 2020 census base. In 2024 there were 33 births against 90 deaths, with net migration of -5. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wilkin County?
$71,410. The median owner-occupied home is valued at $182,200, which is 2.6 times income, and median gross rent is $564 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Wilkin County?
145 establishments, employing 1,638 people with an annual payroll of $78.4 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 Wilkin County?
Average annual pay is $56,011, or $1,077 a week, across 1,644 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wilkin County?
1 7(a) approvals totalling $197,200 since FY2020, across 1 lenders, with a median approval of $197,200, plus 2 504 approvals worth $320,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Wilkin County?
8 housing units were authorised by permit in 2024, with a declared construction value of $2.0 m. Multifamily was 50.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wilkin 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 Wilkin County come from?
The largest single origin is Wilkin County Non-migrants, with 2,512 households. Arriving households report an average income of $45,794 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 Wilkin 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 Wilkin 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.