HomeMinnesotaCarver CountyCologne
Cologne, Minnesota: commercial real estate data.
Cologne is a Census city of 2,282 people across 1.79 square miles of land, in Carver County. Median household income is $129,398, 90.8 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $6.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Cologne
What Cologne is
- Census place typecity
- Land area1.79 sq mi
- Water area0.12 sq mi
- Population per square mile of land1,276
- County holding the largest share of its areaCarver 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.
Cologne
How many people live in Cologne
- Population2,282
- Median age37.1
- Population under 18622 plus or minus 130
- Share under 1827.3 percent
- Population 65 and over181 plus or minus 38
- Share 65 and over7.9 percent
- Households878
- Family households615
- Share of households that are families70.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cologne
Income and work in Cologne
- Median household income$129,398
- Per capita income$55,375
- Civilian labor force1,446
- Employed1,388
- Unemployed58 plus or minus 38
- Unemployment rate4.0 percent plus or minus 2.6
- Adults 25 and over1,552
- Adults 25 and over with a high school diploma or higher99.4 percent
- Adults 25 and over with a bachelor degree or higher42.1 percent plus or minus 10.0
- Adults 25 and over with a graduate degree14.2 percent plus or minus 7.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cologne
Housing in Cologne
- Housing units902
- Occupied units878
- Vacant units24 plus or minus 28
- Vacancy rate2.7 percent plus or minus 3.1
- Owner occupied797
- Renter occupied81 plus or minus 44
- Ownership rate90.8 percent
- Median owner-occupied home value$383,600
- Median gross rent, monthly$585 plus or minus $494
- Annual rent as a share of median income5.4 percent plus or minus 4.6
- Single family units832
- Share single family92.2 percent
- Units in buildings of two or more48 plus or minus 36
- Share in buildings of two or more5.3 percent plus or minus 3.9
- Mobile homes22 plus or minus 24
- Median year structure built2004
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cologne
How Cologne gets to work
- Workers 16 and over who commute924
- Commuting under 15 minutes210 plus or minus 49
- Share commuting under 15 minutes22.7 percent
- Commuting 30 minutes or more419 plus or minus 98
- Share commuting 30 minutes or more45.3 percent
- Drove alone62.2 percent plus or minus 14.1
- Carpooled3.9 percent plus or minus 2.3
- Public transport0.0 percent
- Walked0.3 percent plus or minus 0.4
- Worked from home32.8 percent plus or minus 16.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cologne
SBA loans in Cologne (7(a))
- Approvals5
- Gross approval$6,686,600
- Average approval$1,337,320
- Median approval$643,700
- Largest approval$4,459,000
- Jobs supported13
- Jobs per approval2.6
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Cologne, 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.
Cologne
SBA loans in Cologne (504)
- Approvals1
- Gross approval$832,000
- Average approval$832,000
- Median approval$832,000
- Largest approval$832,000
- Jobs supported55
- Loans with a final outcome0
- Charged off0
- Median term120 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Cologne, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cologne
Flood risk in Cologne
- NFIP communityCity of Cologne
- NFIP community number270562
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date12/21/18
The City of Cologne does not participate in the National Flood Insurance Program as community 270562 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.
Carver County, not Cologne
Carver County context, not Cologne figures
- Establishments in Carver County2,714
- Covered employment, Carver County40,848
- Average annual pay, Carver County$67,445
- Housing units permitted, Carver County744
Every figure in this section is published for Carver County as a whole and is not a measurement of Cologne.
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
Cologne questions, answered from the record.
How many people live in Cologne, Minnesota?
2,282, in 878 households. Cologne city covers 1.79 square miles of land, which is 1,276 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cologne in?
Carver 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 Cologne?
$129,398. The median owner-occupied home is valued at $383,600. Median gross rent is $585 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cologne businesses?
5 7(a) approvals totaling $6.7 m since FY2020, across 4 lenders, median approval $643,700, plus 1 504 approvals worth $832,000 since FY2010. These count approvals to borrowers whose address is in Cologne, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cologne borrowers get paid back?
No rate is published for Cologne. 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 Cologne in the National Flood Insurance Program?
No, it is listed but not participating. Cologne appears in the FEMA Community Status Book as Cologne, city of, community 270562, 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 Cologne figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carver 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 Cologne.
Is zoning published for Cologne?
No. Nothing on this page presents parcel level zoning.