HomeMinnesotaCarver CountyCologne city
Cologne city, Minnesota: commercial real estate data.
Cologne city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Cologne borrowers
- Approvals5
- Gross approval$6,686,600
- Average approval$1,337,320
- Median approval$643,700
- Ninetieth percentile approval$4,459,000
- 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
A charge-off rate is not published here. only 1 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.
Cologne
SBA 504 lending to Cologne borrowers
- 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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carver County, not Cologne
Carver County context, not Cologne figures
These are Carver County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cologne measurements.
- Establishments in Carver County2,714
- Employment at those establishments, Carver County39,280
- Covered employment, Carver County40,848
- Average annual pay, Carver County$67,445
- Average weekly wage, Carver County$1,297
- Housing units permitted, Carver County744
- Of those, single family, Carver County662
- County product, 2024, Carver County$7,613,634,000
- County product change over the prior year, Carver County5.7 percent
- Average income of an arriving household, Carver County$110,281
Every figure in this section is published for Carver County as a whole and is not a measurement of Cologne. 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
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 totalling $6.7 m, across 4 lenders, median approval $643,700, plus 1 504 approvals worth $832,000. 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 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 Cologne figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.