HomeMinnesotaBenton CountyFoley city
Foley city, Minnesota: commercial real estate data.
Foley city is a Census city of 2,675 people across 2.57 square miles of land, in Benton County. Median household income is $58,833, 67.3 percent of occupied homes are owned, and the SBA record carries 20 7(a) approvals to borrowers here worth $9.4 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Foley
What Foley is
- Census place typecity
- Land area2.57 sq mi
- Water area0 sq mi
- Population per square mile of land1,042
- County holding the largest share of its areaBenton 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.
Foley
How many people live in Foley
- Population2,675
- Median age34.2
- Population under 18765
- Share under 1828.6 percent
- Population 65 and over392 plus or minus 90
- Share 65 and over14.7 percent plus or minus 3.4
- Households1,010
- Family households548
- Share of households that are families54.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Foley
Income and work in Foley
- Median household income$58,833 plus or minus $22,181
- Per capita income$31,653
- Civilian labor force1,302
- Employed1,268
- Unemployed34 plus or minus 31
- Unemployment rate2.6 percent plus or minus 2.4
- Adults 25 and over1,740
- Adults 25 and over with a high school diploma or higher86.7 percent
- Adults 25 and over with a bachelor degree or higher17.9 percent plus or minus 4.3
- Adults 25 and over with a graduate degree5.3 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Foley
Housing in Foley
- Housing units1,015
- Occupied units1,010
- Vacant units5 plus or minus 7
- Vacancy rate0.5 percent plus or minus 0.7
- Owner occupied680
- Renter occupied330
- Ownership rate67.3 percent
- Median owner-occupied home value$203,800
- Median gross rent, monthly$1,041 plus or minus $242
- Annual rent as a share of median income21.2 percent plus or minus 9.4
- Single family units688
- Share single family67.8 percent
- Units in buildings of two or more253 plus or minus 76
- Share in buildings of two or more24.9 percent plus or minus 7.2
- Mobile homes74 plus or minus 38
- Median year structure built1979
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Foley
How Foley gets to work
- Workers 16 and over who commute1,133
- Commuting under 15 minutes306 plus or minus 96
- Share commuting under 15 minutes27.0 percent plus or minus 7.7
- Commuting 30 minutes or more556 plus or minus 133
- Share commuting 30 minutes or more49.1 percent
- Drove alone69.2 percent
- Carpooled13.8 percent plus or minus 5.8
- Public transport0.6 percent plus or minus 0.9
- Walked5.1 percent plus or minus 3.0
- Worked from home9.9 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Foley
SBA loans in Foley (7(a))
- Approvals20
- Gross approval$9,410,200
- Average approval$470,510
- Median approval$200,000
- Ninetieth percentile approval$1,800,000
- Largest approval$2,115,000
- Jobs supported261
- Jobs per approval13.1
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more30.0 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS9
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Foley
SBA loans in Foley (504)
- Approvals7
- Gross approval$3,445,000
- Average approval$492,143
- Median approval$334,000
- Largest approval$1,307,000
- Jobs supported54
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Benton County, not Foley
Benton County context, not Foley figures
These are Benton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Foley measurements.
- Establishments in Benton County975
- Employment at those establishments, Benton County16,944
- Covered employment, Benton County17,384
- Average annual pay, Benton County$55,955
- Average weekly wage, Benton County$1,076
- Housing units permitted, Benton County82
- Of those, single family, Benton County75
- County product, 2024, Benton County$2,397,767,000
- County product change over the prior year, Benton County2.1 percent
- Average income of an arriving household, Benton County$49,520
Every figure in this section is published for Benton County as a whole and is not a measurement of Foley. 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
Foley questions, answered from the record.
How many people live in Foley, Minnesota?
2,675, in 1,010 households. Foley city covers 2.57 square miles of land, which is 1,042 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Foley in?
Benton 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 Foley?
$58,833. The median owner-occupied home is valued at $203,800. Median gross rent is $1,041 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Foley businesses?
20 7(a) approvals totalling $9.4 m, across 5 lenders, median approval $200,000, plus 7 504 approvals worth $3.4 m. These count approvals to borrowers whose address is in Foley, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Foley borrowers get paid back?
No rate is published for Foley. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Foley figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Benton 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 Foley.
Is zoning published for Foley?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby