Chippewa County, Minnesota: commercial real estate data.
Chippewa County, Minnesota had an estimated 12,299 residents on July 1, 2024, down 2.4 percent since the 2020 census base of 12,606, across 581 square miles. County output reached $773.8 m in 2024, 372 establishments operate here, and the SBA record carries 9 7(a) approvals worth $3.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Chippewa County
How many people live in Chippewa County
- Population, American Community Survey 2020-202412,377
- Households5,126
- Average household size2.41
- Median household income$71,458
- Median age41.7
- Median gross rent$869 per month
- Median owner-occupied home value$156,100
- Home value to household income2.2 times
- Annual rent as a share of median income14.6 percent
- Adults 25 and over with a bachelor degree or higher19.3 percent
- Adults 25 and over with a graduate degree6.0 percent
- Adults 25 and over8,400
- Population under 183,014
- Share under 1824.4 percent
- Population 65 and over2,658
- Share 65 and over21.5 percent
- Working age population, 18 to 646,705
- Civilian labor force6,137
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over65.5 percent
- Rank by population among Minnesota counties61st of 87
- Rank by population among US county-equivalents, Puerto Rico included2333rd of 3,222
Chippewa County is the 61st largest of 87 Minnesota counties by population. A median home costs 2.2 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 24.4 percent against 21.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Chippewa County
Is Chippewa County's population growing?
- Population, July 1, 202412,299
- Census 2020 base population12,606
- Population change since the 2020 census base-2.44 percent
- Population change, 2023 to 202434
- Births, 2024160
- Deaths, 2024194
- Natural change, 2024-34
- Net domestic migration, 2024-49
- Net international migration, 2024117
- Total net migration, 202468
- Cumulative net domestic migration, 2021 to 2024-529
- Rank by growth among US county-equivalents2614th of 3,144
The county has lost 2.44 percent of its population since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Chippewa County
Where are people moving to Chippewa County from?
- Tax returns filed by households arriving275
- People arriving, from those returns483
- Tax returns filed by households leaving313
- Net household movement-38
- Adjusted gross income arriving$13.6 m
- Net adjusted gross income movement$-4.9 m
- Average income of an arriving household$49,371
- Average income of a leaving household$59,070
- Largest single originYellow Medicine County (40 households)
- Largest single destinationYellow Medicine County (50 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Yellow Medicine County | 40 | 75 | $2.1 m |
| Kandiyohi County | 32 | 61 | $1.9 m |
| Hennepin County | 24 | 34 | $1.3 m |
| Swift County | 21 | 45 | $821,000 |
| Lac qui Parle County | 20 | 31 | $1.3 m |
Households arriving report $9,699 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Yellow Medicine County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Chippewa County
What is the Chippewa County economy?
- County GDP, 2024$773.8 m
- County GDP, 2023$787.8 m
- GDP change, 2023 to 2024-1.8 percent
- GDP change over five years33.1 percent
- Rank by GDP among the Minnesota areas BEA publishes64th of 87
- Rank by GDP among the US county areas BEA publishes2050th of 3,127
- GDP per resident$62,519
Output grew -1.8 percent in the latest year and 33.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Chippewa County
Employment by industry in Chippewa County
- Covered employment, annual average5,290
- Establishments reporting425
- Average annual pay$52,949
- Average weekly wage$1,018
- Manufacturing, employment916
- Manufacturing, average annual pay$56,701
- Retail trade, employment513
- Retail trade, average annual pay$31,648
- Accommodation and food services, employment321
- Accommodation and food services, average annual pay$18,114
- Wholesale trade, employment316
- Wholesale trade, average annual pay$72,477
- Construction, employment308
- Other services, except public administration, employment168
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 916 | 22 | $56,701 |
| Retail trade | 513 | 43 | $31,648 |
| Accommodation and food services | 321 | 28 | $18,114 |
| Wholesale trade | 316 | 16 | $72,477 |
| Construction | 308 | 49 | $90,611 |
| Other services, except public administration | 168 | 34 | $38,477 |
| Professional, scientific and technical services | 79 | 23 | $47,911 |
| Transportation and warehousing | 74 | 18 | $35,355 |
Manufacturing is the largest private sector at 916 jobs, 17.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Chippewa County
How many businesses are in Chippewa County?
- Establishments, all industries372
- Employment at those establishments4,524
- Annual payroll$219.3 m
- Establishments per 1,000 residents30.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Chippewa County
Building permits in Chippewa County
- Housing units authorized by permit, 202412
- Declared construction value permitted$4.6 m
- Single family units authorized12
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$380,101
- Units authorized per 1,000 households2.3
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Chippewa County
SBA loans in Chippewa County (7(a) and 504)
- 7(a) approvals recorded9
- 7(a) gross approval dollars$3.6 m
- Average 7(a) approval$402,200
- Median 7(a) approval$180,000
- Largest single approval$1,159,600
- Jobs reported supported, 7(a)63
- Jobs per approval7.0
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals6
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer11.1 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter8
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countElectrical Contractors and Other Wiring Installation Contractors (4)
- Most active lenderMinnwest Bank (3)
- 504 approvals recorded12
- 504 gross approval dollars$3.1 m
- Average 504 approval$258,500
- Median 504 approval$196,000
- Distinct CDCs active3
- 504 jobs per approval3.3
- 504 jobs per million dollars approved12.6
- Most active CDCMidwest Business Finance Corporation (9)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$6.7 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Chippewa County
SBA loan default and charge-off rates in Chippewa County
Do SBA loans in Chippewa County get paid back?
- Loans with a final outcome recorded4
- Paid in full4
- Charged off0
- Status: Paid in full4
- Status: Exempt from disclosure4
- Status: Committed, not yet disbursed1
Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Chippewa County
SBA lending by place in Chippewa County
- Borrower cities with recorded lending2
- Montevideo, approvals7
- Clara City, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Montevideo | 7 | $3,374,200 |
| Clara City | 2 | $245,600 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Chippewa County
How large is Chippewa County?
- Land area581 sq mi
- Rank by land area among Minnesota counties54th of 87
- Width, east to west38.7 mi
- Height, north to south27.6 mi
- Geographies sharing a boundary5
- Residents per square mile of land21
- Establishments per square mile0.64
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Chippewa County
Flood risk in Chippewa County
- Participation of the county's own NFIP community Chippewa County, unincorporated areasParticipating, community 270066
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP5
- NFIP participation rate83.3 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 6
- Communities carrying a CRS class2
- Radon levels in Chippewa County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Chippewa County (community 270066), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Chippewa County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 6, which carries a flood insurance premium discount for policies written in that community. 83.3 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Chippewa County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Chippewa County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202412,377
- Households5,126
- Average household size2.41
- Median household income$71,458
- Median age41.7
Common questions
Chippewa County questions, answered from the record.
How many people live in Chippewa County, Minnesota?
The Census Bureau estimates 12,299 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 12,377, in 5,126 households, ranking 61st of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Chippewa County's population growing?
The population has fallen 2.44 percent since the 2020 census base of 12,606, to 12,299 on July 1, 2024. In 2024 there were 160 births against 194 deaths, with net migration of 68. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Chippewa County?
$71,458. The median owner-occupied home is valued at $156,100, which is 2.2 times income, and median gross rent is $869 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Chippewa County?
372 establishments, employing 4,524 people with an annual payroll of $219.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Chippewa County?
Manufacturing is the largest private sector at 916 jobs, 17.3 percent of covered employment. Covered employment averages 5,290 jobs at an average annual pay of $52,949, or $1,018 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Chippewa County?
9 7(a) approvals totaling $3.6 m since FY2020, across 6 lenders, with a median approval of $180,000, plus 12 504 approvals worth $3.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Chippewa County?
12 housing units were authorized by permit in 2024, with a declared construction value of $4.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Chippewa County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Chippewa County come from?
The largest single origin is Yellow Medicine County, with 40 households. Arriving households report an average income of $49,371 against $59,070 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Chippewa County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Chippewa County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Chippewa County
Cities and places in Chippewa.
7 Census places lie wholly or partly in Chippewa County. All 7 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Montevideo | city | 5,315 | 7 | Wholly in this county |
| Granite Falls | city | 2,685 | None recorded | 50.7 percent here, 49.3 percent Yellow Medicine County |
| Clara City | city | 1,466 | 2 | Wholly in this county |
| Raymond | city | 692 | None recorded | 2.6 percent here, 97.4 percent Kandiyohi County |
| Milan | city | 564 | None recorded | Wholly in this county |
| Maynard | city | 234 | None recorded | Wholly in this county |
| Watson | city | 200 | None recorded | Wholly in this county |
Nearby