HomeMinnesotaAitkin CountyAitkin city
Aitkin city, Minnesota: commercial real estate data.
Aitkin city is a Census city of 2,323 people across 2.96 square miles of land, in Aitkin County. Median household income is $47,978, 59.1 percent of occupied homes are owned, and the SBA record carries 28 7(a) approvals to borrowers here worth $10.9 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Aitkin
What Aitkin is
- Census place typecity
- Land area2.96 sq mi
- Water area0 sq mi
- Population per square mile of land784
- County holding the largest share of its areaAitkin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aitkin
How many people live in Aitkin
- Population2,323
- Median age44.0
- Population under 18524
- Share under 1822.6 percent
- Population 65 and over673
- Share 65 and over29.0 percent
- Households969
- Family households490
- Share of households that are families50.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aitkin
Income and work in Aitkin
- Median household income$47,978
- Per capita income$28,740
- Civilian labor force976
- Employed937
- Unemployed39 plus or minus 27
- Unemployment rate4.0 percent plus or minus 2.7
- Adults 25 and over1,660
- Adults 25 and over with a high school diploma or higher94.5 percent
- Adults 25 and over with a bachelor degree or higher21.3 percent
- Adults 25 and over with a graduate degree6.3 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aitkin
Housing in Aitkin
- Housing units1,118
- Occupied units969
- Vacant units149 plus or minus 74
- Vacancy rate13.3 percent plus or minus 6.5
- Owner occupied573
- Renter occupied396
- Ownership rate59.1 percent
- Median owner-occupied home value$181,300
- Median gross rent, monthly$679 plus or minus $150
- Annual rent as a share of median income17.0 percent plus or minus 5.0
- Single family units654
- Share single family58.5 percent
- Units in buildings of two or more431 plus or minus 98
- Share in buildings of two or more38.6 percent plus or minus 8.1
- Mobile homes33 plus or minus 31
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aitkin
How Aitkin gets to work
- Workers 16 and over who commute839
- Commuting under 15 minutes561 plus or minus 114
- Share commuting under 15 minutes66.9 percent
- Commuting 30 minutes or more148 plus or minus 55
- Share commuting 30 minutes or more17.6 percent plus or minus 6.1
- Drove alone75.2 percent
- Carpooled10.7 percent plus or minus 5.5
- Public transport0.0 percent
- Walked5.3 percent plus or minus 3.1
- Worked from home6.6 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aitkin
SBA loans in Aitkin (7(a))
- Approvals28
- Gross approval$10,904,100
- Average approval$389,432
- Median approval$81,000
- Ninetieth percentile approval$1,475,000
- Largest approval$5,000,000
- Jobs supported287
- Jobs per approval10.3
- Loans with a final outcome11
- Paid in full11
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises7.1 percent
- Distinct lenders12
- Distinct industries by NAICS21
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Aitkin
SBA loans in Aitkin (504)
- Approvals10
- Gross approval$6,773,000
- Average approval$677,300
- Median approval$314,000
- Largest approval$1,888,000
- Jobs supported80
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Aitkin County, not Aitkin
Aitkin County context, not Aitkin figures
These are Aitkin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Aitkin measurements.
- Establishments in Aitkin County415
- Employment at those establishments, Aitkin County3,632
- Covered employment, Aitkin County4,328
- Average annual pay, Aitkin County$47,689
- Average weekly wage, Aitkin County$917
- Housing units permitted, Aitkin County135
- Of those, single family, Aitkin County135
- County product, 2024, Aitkin County$673,651,000
- County product change over the prior year, Aitkin County8.5 percent
- Average income of an arriving household, Aitkin County$85,718
Every figure in this section is published for Aitkin County as a whole and is not a measurement of Aitkin. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Aitkin questions, answered from the record.
How many people live in Aitkin, Minnesota?
2,323, in 969 households. Aitkin city covers 2.96 square miles of land, which is 784 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Aitkin in?
Aitkin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Aitkin?
$47,978. The median owner-occupied home is valued at $181,300. Median gross rent is $679 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Aitkin businesses?
28 7(a) approvals totalling $10.9 m, across 12 lenders, median approval $81,000, plus 10 504 approvals worth $6.8 m. These count approvals to borrowers whose address is in Aitkin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Aitkin borrowers get paid back?
Of the 11 loans that have reached a final outcome, 11 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.
Are the county figures on this page Aitkin figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Aitkin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Aitkin.
Is zoning published for Aitkin?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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