HomeMinnesotaCarlton CountyCarlton city
Carlton city, Minnesota: commercial real estate data.
Carlton city is a Census city of 875 people across 3.81 square miles of land, in Carlton County. Median household income is $63,375, 67.2 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $4.0 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Carlton
What Carlton is
- Census place typecity
- Land area3.81 sq mi
- Water area0.23 sq mi
- Population per square mile of land230
- County holding the largest share of its areaCarlton 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.
Carlton
How many people live in Carlton
- Population875
- Median age50.6
- Population under 18110 plus or minus 47
- Share under 1812.6 percent plus or minus 4.9
- Population 65 and over218 plus or minus 68
- Share 65 and over24.9 percent plus or minus 6.6
- Households345 plus or minus 73
- Family households194 plus or minus 58
- Share of households that are families56.2 percent plus or minus 11.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carlton
Income and work in Carlton
- Median household income$63,375 plus or minus $23,539
- Per capita income$40,059
- Civilian labor force453 plus or minus 106
- Employed401 plus or minus 96
- Unemployed52 plus or minus 62
- Unemployment rate11.5 percent plus or minus 13.4
- Adults 25 and over683
- Adults 25 and over with a high school diploma or higher94.1 percent
- Adults 25 and over with a bachelor degree or higher21.7 percent plus or minus 7.5
- Adults 25 and over with a graduate degree9.1 percent plus or minus 4.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carlton
Housing in Carlton
- Housing units357 plus or minus 72
- Occupied units345 plus or minus 73
- Vacant units12 plus or minus 15
- Vacancy rate3.4 percent plus or minus 4.1
- Owner occupied232 plus or minus 55
- Renter occupied113 plus or minus 41
- Ownership rate67.2 percent
- Median owner-occupied home value$201,400
- Median gross rent, monthly$970
- Annual rent as a share of median income18.4 percent plus or minus 7.1
- Single family units252 plus or minus 64
- Share single family70.6 percent
- Units in buildings of two or more101 plus or minus 43
- Share in buildings of two or more28.3 percent plus or minus 10.6
- Mobile homes4 plus or minus 6
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carlton
How Carlton gets to work
- Workers 16 and over who commute354 plus or minus 87
- Commuting under 15 minutes160 plus or minus 59
- Share commuting under 15 minutes45.2 percent plus or minus 12.4
- Commuting 30 minutes or more104 plus or minus 45
- Share commuting 30 minutes or more29.4 percent plus or minus 10.4
- Drove alone66.6 percent plus or minus 22.2
- Carpooled19.6 percent plus or minus 13.2
- Public transport0.0 percent
- Walked1.3 percent plus or minus 2.3
- Worked from home9.7 percent plus or minus 6.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carlton
SBA loans in Carlton (7(a))
- Approvals4
- Gross approval$4,015,500
- Average approval$1,003,875
- Median approval$1,538,000
- Ninetieth percentile approval$1,538,000
- Largest approval$1,538,000
- Jobs supported37
- Jobs per approval9.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more75.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 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.
Carlton
SBA loans in Carlton (504)
- Approvals3
- Gross approval$1,551,000
- Average approval$517,000
- Median approval$611,000
- Largest approval$655,000
- Jobs supported28
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carlton County, not Carlton
Carlton County context, not Carlton figures
These are Carlton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Carlton measurements.
- Establishments in Carlton County708
- Employment at those establishments, Carlton County7,855
- Covered employment, Carlton County13,269
- Average annual pay, Carlton County$58,073
- Average weekly wage, Carlton County$1,117
- Housing units permitted, Carlton County126
- Of those, single family, Carlton County96
- County product, 2024, Carlton County$1,906,926,000
- County product change over the prior year, Carlton County6.4 percent
- Average income of an arriving household, Carlton County$60,577
Every figure in this section is published for Carlton County as a whole and is not a measurement of Carlton. 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
Carlton questions, answered from the record.
How many people live in Carlton, Minnesota?
875, in 345 households. Carlton city covers 3.81 square miles of land, which is 230 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Carlton in?
Carlton 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 Carlton?
$63,375. The median owner-occupied home is valued at $201,400. Median gross rent is $970 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Carlton businesses?
4 7(a) approvals totalling $4.0 m, across 3 lenders, median approval $1,538,000, plus 3 504 approvals worth $1.6 m. These count approvals to borrowers whose address is in Carlton, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Carlton borrowers get paid back?
No rate is published for Carlton. only 0 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 Carlton figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carlton 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 Carlton.
Is zoning published for Carlton?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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