HomeMinnesotaBlue Earth CountyEagle Lake
Eagle Lake, Minnesota: commercial real estate data.
Eagle Lake is a Census city of 3,281 people across 1.93 square miles of land, in Blue Earth County. Median household income is $96,964, 64.4 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $443,100 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Eagle Lake
What Eagle Lake is
- Census place typecity
- Land area1.93 sq mi
- Water area0 sq mi
- Population per square mile of land1,704
- County holding the largest share of its areaBlue Earth 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.
Eagle Lake
How many people live in Eagle Lake
- Population3,281
- Median age32.6
- Population under 181,023
- Share under 1831.2 percent
- Population 65 and over357 plus or minus 85
- Share 65 and over10.9 percent plus or minus 2.6
- Households1,198
- Family households864
- Share of households that are families72.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eagle Lake
Income and work in Eagle Lake
- Median household income$96,964
- Per capita income$35,728
- Civilian labor force1,811
- Employed1,790
- Unemployed21 plus or minus 21
- Unemployment rate1.2 percent plus or minus 1.2
- Adults 25 and over2,084
- Adults 25 and over with a high school diploma or higher97.0 percent
- Adults 25 and over with a bachelor degree or higher37.6 percent
- Adults 25 and over with a graduate degree7.0 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eagle Lake
Housing in Eagle Lake
- Housing units1,235
- Occupied units1,198
- Vacant units37 plus or minus 37
- Vacancy rate3.0 percent plus or minus 3.0
- Owner occupied771
- Renter occupied427 plus or minus 90
- Ownership rate64.4 percent
- Median owner-occupied home value$276,500
- Median gross rent, monthly$1,403
- Annual rent as a share of median income17.4 percent
- Single family units1,020
- Share single family82.6 percent
- Units in buildings of two or more170 plus or minus 76
- Share in buildings of two or more13.8 percent plus or minus 6.0
- Mobile homes45 plus or minus 31
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eagle Lake
How Eagle Lake gets to work
- Workers 16 and over who commute1,588
- Commuting under 15 minutes698
- Share commuting under 15 minutes44.0 percent
- Commuting 30 minutes or more232 plus or minus 99
- Share commuting 30 minutes or more14.6 percent plus or minus 6.1
- Drove alone80.0 percent
- Carpooled8.8 percent plus or minus 3.6
- Public transport0.0 percent
- Walked0.5 percent plus or minus 0.6
- Worked from home9.6 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eagle Lake
SBA loans in Eagle Lake (7(a))
- Approvals2
- Gross approval$443,100
- Average approval$221,550
- Median approval$221,550
- Largest approval$303,100
- Jobs supported16
- Jobs per approval8.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term162 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Eagle Lake, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eagle Lake
Flood risk in Eagle Lake
- NFIP communityCity of Eagle Lake
- NFIP community number270316
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/22/24(M)
The City of Eagle Lake participates in the National Flood Insurance Program as community 270316 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Blue Earth County, not Eagle Lake
Blue Earth County context, not Eagle Lake figures
- Establishments in Blue Earth County1,992
- Covered employment, Blue Earth County41,255
- Average annual pay, Blue Earth County$56,997
- Housing units permitted, Blue Earth County271
Every figure in this section is published for Blue Earth County as a whole and is not a measurement of Eagle Lake.
All Blue Earth County figures →
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.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Eagle Lake questions, answered from the record.
How many people live in Eagle Lake, Minnesota?
3,281, in 1,198 households. Eagle Lake city covers 1.93 square miles of land, which is 1,704 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Eagle Lake in?
Blue Earth 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 Eagle Lake?
$96,964. The median owner-occupied home is valued at $276,500. Median gross rent is $1,403 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Eagle Lake businesses?
2 7(a) approvals totaling $443,100 since FY2020, across 2 lenders, median approval $221,550. These count approvals to borrowers whose address is in Eagle Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Eagle Lake borrowers get paid back?
No rate is published for Eagle Lake. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Eagle Lake in the National Flood Insurance Program?
Yes. Eagle Lake appears in the FEMA Community Status Book as Eagle Lake, city of, community 270316, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Eagle Lake figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Blue Earth 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 Eagle Lake.
Is zoning published for Eagle Lake?
No. Nothing on this page presents parcel level zoning.
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