Beltrami County, Minnesota: commercial real estate data.
Beltrami County, Minnesota had an estimated 46,762 residents on July 1, 2024, up 1.2 percent since the 2020 census base of 46,228, across 2,505 square miles. County output reached $2.52 bn in 2024, 1,250 establishments operate here, and the SBA record carries 178 7(a) approvals worth $28.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Beltrami County
How many people live in Beltrami County
- Population, American Community Survey 2020-202446,512
- Households18,172
- Average household size2.56
- Median household income$68,975
- Median age35.3
- Median gross rent$1,053 per month
- Median owner-occupied home value$237,500
- Home value to household income3.4 times
- Annual rent as a share of median income18.3 percent
- Adults 25 and over with a bachelor degree or higher31.8 percent
- Adults 25 and over with a graduate degree12.1 percent
- Adults 25 and over29,008
- Population under 1811,484
- Share under 1824.7 percent
- Population 65 and over8,176
- Share 65 and over17.6 percent
- Working age population, 18 to 6426,852
- Civilian labor force22,734
- Unemployment rate4.7 percent
- Labor force participation, adults 18 and over64.9 percent
- Rank by population among Minnesota counties21st of 87
- Rank by population among US county-equivalents, Puerto Rico included1067th of 3,222
Beltrami County is the 21st largest of 87 Minnesota counties by population. A median home costs 3.4 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 24.7 percent against 17.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Beltrami County
Is Beltrami County's population growing?
- Population, July 1, 202446,762
- Census 2020 base population46,228
- Population change since the 2020 census base1.16 percent
- Population change, 2023 to 2024127
- Births, 2024517
- Deaths, 2024485
- Natural change, 202432
- Net domestic migration, 202459
- Net international migration, 202437
- Total net migration, 202496
- Cumulative net domestic migration, 2021 to 2024252
- Rank by growth among US county-equivalents1430th of 3,144
The county has grown 1.16 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Beltrami County
Where are people moving to Beltrami County from?
- Tax returns filed by households arriving1,068
- People arriving, from those returns1,787
- Tax returns filed by households leaving1,119
- Net household movement-51
- Adjusted gross income arriving$63.7 m
- Net adjusted gross income movement$3.7 m
- Average income of an arriving household$59,623
- Average income of a leaving household$53,635
- Largest single originHubbard County (101 households)
- Largest single destinationHubbard County (117 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hubbard County | 101 | 191 | $5.4 m |
| Cass County | 68 | 131 | $2.7 m |
| Clearwater County | 50 | 82 | $1.9 m |
| Hennepin County | 46 | 74 | $4.0 m |
| Itasca County | 36 | 55 | $1.9 m |
| St. Louis County | 29 | 54 | $1.5 m |
| Cass County | 27 | 33 | $1.1 m |
| Pennington County | 24 | 38 | $1.0 m |
Households arriving report $5,988 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Hubbard County, 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.
Beltrami County
What is the Beltrami County economy?
- County GDP, 2024$2.52 bn
- County GDP, 2023$2.40 bn
- GDP change, 2023 to 20245.0 percent
- GDP change over five years29.1 percent
- Rank by GDP among the Minnesota areas BEA publishes26th of 87
- Rank by GDP among the US county areas BEA publishes1100th of 3,127
- GDP per resident$54,160
Output grew 5.0 percent in the latest year and 29.1 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.
Beltrami County
Employment by industry in Beltrami County
- Covered employment, annual average20,746
- Establishments reporting1,326
- Average annual pay$54,299
- Average weekly wage$1,044
- Health care and social assistance, employment4,324
- Health care and social assistance, average annual pay$63,690
- Retail trade, employment2,955
- Retail trade, average annual pay$33,511
- Accommodation and food services, employment2,077
- Accommodation and food services, average annual pay$20,211
- Construction, employment1,285
- Construction, average annual pay$74,873
- Manufacturing, employment901
- Wholesale trade, employment544
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 4,324 | 166 | $63,690 |
| Retail trade | 2,955 | 193 | $33,511 |
| Accommodation and food services | 2,077 | 132 | $20,211 |
| Construction | 1,285 | 170 | $74,873 |
| Manufacturing | 901 | 35 | $57,309 |
| Wholesale trade | 544 | 44 | $57,975 |
| Transportation and warehousing | 481 | 40 | $69,330 |
| Other services, except public administration | 480 | 108 | $40,029 |
Health care and social assistance is the largest private sector at 4,324 jobs, 20.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Beltrami County
How many businesses are in Beltrami County?
- Establishments, all industries1,250
- Employment at those establishments16,073
- Annual payroll$747.0 m
- Establishments per 1,000 residents26.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Beltrami County
Building permits in Beltrami County
- Housing units authorized by permit, 2024156
- Declared construction value permitted$21.3 m
- Single family units authorized63
- Multifamily units authorized93
- Multifamily share of units59.6 percent
- Average declared value per unit$136,239
- Units authorized per 1,000 households8.6
Multifamily is 59.6 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Beltrami County
SBA loans in Beltrami County (7(a) and 504)
- 7(a) approvals recorded178
- 7(a) gross approval dollars$28.2 m
- Average 7(a) approval$158,411
- Median 7(a) approval$74,000
- 10th percentile approval$20,000
- 90th percentile approval$325,500
- Largest single approval$1,563,700
- Jobs reported supported, 7(a)892
- Jobs per approval5.0
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals82
- Median 7(a) term84 months
- Share of loans on real estate terms, 240 months or longer6.2 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter161
- Franchise loans12
- Franchise share of approvals6.7 percent
- Leading industry by approval countBeef Cattle Ranching and Farming (15)
- Most active lenderSecurity Bank USA (109)
- 504 approvals recorded74
- 504 gross approval dollars$50.7 m
- Average 504 approval$684,878
- Median 504 approval$374,000
- Distinct CDCs active5
- 504 jobs per approval7.1
- 504 jobs per million dollars approved10.4
- Most active CDCMidwest Business Finance Corporation (54)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$78.9 m
The average approval of $158,411 sits well above the median of $74,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 6.2 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.
Beltrami County
SBA loan default and charge-off rates in Beltrami County
Do SBA loans in Beltrami County get paid back?
- Loans with a final outcome recorded87
- Paid in full85
- Charged off2
- Charge-off rate on resolved loans2.3 percent
- Status: Paid in full85
- Status: Exempt from disclosure79
- Status: Cancelled10
- Status: Charged off2
- Status: Committed, not yet disbursed2
Of the 87 loans that have reached a final outcome, 2.3 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.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Beltrami County
SBA lending by place in Beltrami County
- Borrower cities with recorded lending11
- Bemidji, approvals143
- Puposky, approvals10
- Hines, approvals4
- Tenstrike, approvals4
- Solway, approvals4
- Blackduck, approvals4
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Bemidji | 143 | $23,307,500 |
| Puposky | 10 | $622,200 |
| Hines | 4 | $1,005,300 |
| Tenstrike | 4 | $890,000 |
| Solway | 4 | $754,000 |
| Blackduck | 4 | $447,500 |
| Shevlin | 3 | $775,000 |
| Waskish | 3 | $235,900 |
| 3 other borrower cities | 3 | $159,800 |
Bemidji accounts for 143 approvals against 10 in Puposky. 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.
Beltrami County
How large is Beltrami County?
- Land area2,505 sq mi
- Rank by land area among Minnesota counties4th of 87
- Width, east to west55 mi
- Height, north to south78.1 mi
- Geographies sharing a boundary9
- Residents per square mile of land19
- Establishments per square mile0.50
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.
Beltrami County
Flood risk in Beltrami County
- Participation of the county's own NFIP community Beltrami County, unincorporated areasParticipating, community 270684
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP5
- NFIP participation rate71.4 percent
- Communities carrying a CRS class0
- Radon levels in Beltrami County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Beltrami County (community 270684), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Beltrami County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 71.4 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Beltrami 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 Beltrami County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202446,512
- Households18,172
- Average household size2.56
- Median household income$68,975
- Median age35.3
Common questions
Beltrami County questions, answered from the record.
How many people live in Beltrami County, Minnesota?
The Census Bureau estimates 46,762 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 46,512, in 18,172 households, ranking 21st of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Beltrami County's population growing?
The population has grown 1.16 percent since the 2020 census base of 46,228, to 46,762 on July 1, 2024. In 2024 there were 517 births against 485 deaths, with net migration of 96. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Beltrami County?
$68,975. The median owner-occupied home is valued at $237,500, which is 3.4 times income, and median gross rent is $1,053 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Beltrami County?
1,250 establishments, employing 16,073 people with an annual payroll of $747.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Beltrami County?
Health care and social assistance is the largest private sector at 4,324 jobs, 20.8 percent of covered employment. Covered employment averages 20,746 jobs at an average annual pay of $54,299, or $1,044 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Beltrami County?
178 7(a) approvals totaling $28.2 m since FY2020, across 14 lenders, with a median approval of $74,000, plus 74 504 approvals worth $50.7 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Beltrami County get paid back?
Of the 87 loans that have reached a final outcome, 85 were paid in full and 2 charged off, a charge-off rate of 2.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Beltrami County?
156 housing units were authorized by permit in 2024, with a declared construction value of $21.3 m. Multifamily was 59.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Beltrami County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Beltrami County come from?
The largest single origin is Hubbard County, with 101 households. Arriving households report an average income of $59,623 against $53,635 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Beltrami 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 Beltrami County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Beltrami County
Cities and places in Beltrami.
12 Census places lie wholly or partly in Beltrami County. All 12 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Bemidji | city | 15,569 | 143 | Wholly in this county |
| Redby | CDP | 1,495 | None recorded | Wholly in this county |
| Red Lake | CDP | 1,481 | None recorded | Wholly in this county |
| Little Rock | CDP | 944 | None recorded | Wholly in this county |
| Blackduck | city | 699 | 4 | Wholly in this county |
| Ponemah | CDP | 391 | None recorded | Wholly in this county |
| Kelliher | city | 341 | 1 | Wholly in this county |
| Wilton | city | 327 | 1 | Wholly in this county |
| Tenstrike | city | 207 | 4 | Wholly in this county |
| Solway | city | 117 | 4 | Wholly in this county |
| Turtle River | city | 58 | None recorded | Wholly in this county |
| Funkley | city | 55 | None recorded | Wholly in this county |
A further 21 of the county's 178 SBA 7(a) approvals are to borrowers in cities that match no Census place in Beltrami County, the largest being Puposky (10), Hines (4), Shevlin (3). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.