HomeMinnesotaBlue Earth CountyLake Crystal city
Lake Crystal city, Minnesota: commercial real estate data.
Lake Crystal city is a Census city of 2,606 people across 1.71 square miles of land, in Blue Earth County. Median household income is $83,317, 83.3 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $782,200.
76 sourced place values · tier FULL · 8 sections
Lake Crystal
What Lake Crystal is
- Census place typecity
- Land area1.71 sq mi
- Water area0 sq mi
- Population per square mile of land1,527
- 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.
Lake Crystal
How many people live in Lake Crystal
- Population2,606
- Median age38.4
- Population under 18699
- Share under 1826.8 percent
- Population 65 and over501 plus or minus 113
- Share 65 and over19.2 percent plus or minus 3.9
- Households1,127
- Family households767
- Share of households that are families68.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Crystal
Income and work in Lake Crystal
- Median household income$83,317
- Per capita income$38,081
- Civilian labor force1,390
- Employed1,369
- Unemployed21 plus or minus 14
- Unemployment rate1.5 percent plus or minus 1.0
- Adults 25 and over1,749
- Adults 25 and over with a high school diploma or higher96.8 percent
- Adults 25 and over with a bachelor degree or higher27.6 percent
- Adults 25 and over with a graduate degree7.8 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Crystal
Housing in Lake Crystal
- Housing units1,173
- Occupied units1,127
- Vacant units46 plus or minus 43
- Vacancy rate3.9 percent plus or minus 3.6
- Owner occupied939
- Renter occupied188 plus or minus 77
- Ownership rate83.3 percent
- Median owner-occupied home value$204,400
- Median gross rent, monthly$825 plus or minus $247
- Annual rent as a share of median income11.9 percent plus or minus 3.8
- Single family units962
- Share single family82.0 percent
- Units in buildings of two or more180 plus or minus 81
- Share in buildings of two or more15.3 percent plus or minus 6.8
- Mobile homes31 plus or minus 34
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Crystal
How Lake Crystal gets to work
- Workers 16 and over who commute1,281
- Commuting under 15 minutes323 plus or minus 92
- Share commuting under 15 minutes25.2 percent plus or minus 6.2
- Commuting 30 minutes or more302 plus or minus 83
- Share commuting 30 minutes or more23.6 percent plus or minus 5.6
- Drove alone82.9 percent
- Carpooled8.6 percent plus or minus 3.1
- Public transport0.0 percent
- Walked3.3 percent plus or minus 4.1
- Worked from home4.8 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Crystal
SBA 7(a) lending to Lake Crystal borrowers
- Approvals8
- Gross approval$782,200
- Average approval$97,775
- Median approval$100,000
- Ninetieth percentile approval$165,000
- Largest approval$165,000
- Jobs supported22
- Jobs per approval2.8
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises12.5 percent
- Distinct lenders4
- Distinct industries by NAICS7
A charge-off rate is not published here. only 3 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.
Lake Crystal
SBA 504 lending to Lake Crystal borrowers
- Approvals1
- Gross approval$83,000
- Average approval$83,000
- Median approval$83,000
- Largest approval$83,000
- Jobs supported1
- Loans with a final outcome1
- 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.
Blue Earth County, not Lake Crystal
Blue Earth County context, not Lake Crystal figures
These are Blue Earth County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Crystal measurements.
- Establishments in Blue Earth County1,992
- Employment at those establishments, Blue Earth County35,883
- Covered employment, Blue Earth County41,255
- Average annual pay, Blue Earth County$56,997
- Average weekly wage, Blue Earth County$1,096
- Housing units permitted, Blue Earth County271
- Of those, single family, Blue Earth County81
- County product, 2024, Blue Earth County$5,640,718,000
- County product change over the prior year, Blue Earth County7.9 percent
- Average income of an arriving household, Blue Earth County$64,024
Every figure in this section is published for Blue Earth County as a whole and is not a measurement of Lake Crystal. 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
Lake Crystal questions, answered from the record.
How many people live in Lake Crystal, Minnesota?
2,606, in 1,127 households. Lake Crystal city covers 1.71 square miles of land, which is 1,527 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Crystal 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 Lake Crystal?
$83,317. The median owner-occupied home is valued at $204,400. Median gross rent is $825 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Crystal businesses?
8 7(a) approvals totalling $782,200, across 4 lenders, median approval $100,000, plus 1 504 approvals worth $83,000. These count approvals to borrowers whose address is in Lake Crystal, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Crystal borrowers get paid back?
No rate is published for Lake Crystal. only 3 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 Lake Crystal figures?
No, and they are labelled 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 Lake Crystal.
Is zoning published for Lake Crystal?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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