HomeMinnesotaChippewa CountyClara City
Clara City, Minnesota: commercial real estate data.
Clara City is a Census city of 1,466 people across 1.88 square miles of land, in Chippewa County. Median household income is $63,636, 65.8 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $245,600 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Clara City
What Clara City is
- Census place typecity
- Land area1.88 sq mi
- Water area0 sq mi
- Population per square mile of land780
- County holding the largest share of its areaChippewa 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.
Clara City
How many people live in Clara City
- Population1,466
- Median age36.9
- Population under 18409
- Share under 1827.9 percent
- Population 65 and over285 plus or minus 65
- Share 65 and over19.4 percent plus or minus 3.9
- Households564
- Family households361
- Share of households that are families64.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clara City
Income and work in Clara City
- Median household income$63,636
- Per capita income$30,732
- Civilian labor force712
- Employed696
- Unemployed16 plus or minus 13
- Unemployment rate2.2 percent plus or minus 1.8
- Adults 25 and over958
- Adults 25 and over with a high school diploma or higher91.4 percent
- Adults 25 and over with a bachelor degree or higher16.5 percent plus or minus 5.7
- Adults 25 and over with a graduate degree6.4 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clara City
Housing in Clara City
- Housing units632
- Occupied units564
- Vacant units68 plus or minus 36
- Vacancy rate10.8 percent plus or minus 5.5
- Owner occupied371
- Renter occupied193 plus or minus 48
- Ownership rate65.8 percent
- Median owner-occupied home value$114,300
- Median gross rent, monthly$1,068
- Annual rent as a share of median income20.1 percent
- Single family units555
- Share single family87.8 percent
- Units in buildings of two or more77 plus or minus 32
- Share in buildings of two or more12.2 percent plus or minus 4.8
- Mobile homes0
- Median year structure built1954
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clara City
How Clara City gets to work
- Workers 16 and over who commute659
- Commuting under 15 minutes364
- Share commuting under 15 minutes55.2 percent
- Commuting 30 minutes or more99 plus or minus 44
- Share commuting 30 minutes or more15.0 percent plus or minus 6.3
- Drove alone75.2 percent
- Carpooled19.4 percent plus or minus 7.8
- Public transport0.0 percent
- Walked0.1 percent plus or minus 0.3
- Worked from home3.9 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clara City
SBA loans in Clara City (7(a))
- Approvals2
- Gross approval$245,600
- Average approval$122,800
- Median approval$122,800
- Largest approval$175,600
- Jobs supported3
- Jobs per approval1.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Clara City, 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.
Clara City
SBA loans in Clara City (504)
- Approvals1
- Gross approval$184,000
- Average approval$184,000
- Median approval$184,000
- Largest approval$184,000
- Jobs supported8
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Clara City, 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.
Clara City
Flood risk in Clara City
- NFIP communityCity of Clara City
- NFIP community number270067
- Participating in the NFIPYes
- Community Rating System classNone
The City of Clara City participates in the National Flood Insurance Program as community 270067 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.
Chippewa County, not Clara City
Chippewa County context, not Clara City figures
- Establishments in Chippewa County372
- Covered employment, Chippewa County5,290
- Average annual pay, Chippewa County$52,949
- Housing units permitted, Chippewa County12
Every figure in this section is published for Chippewa County as a whole and is not a measurement of Clara City.
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
Clara City questions, answered from the record.
How many people live in Clara City, Minnesota?
1,466, in 564 households. Clara City city covers 1.88 square miles of land, which is 780 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Clara City in?
Chippewa 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 Clara City?
$63,636. The median owner-occupied home is valued at $114,300. Median gross rent is $1,068 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Clara City businesses?
2 7(a) approvals totaling $245,600 since FY2020, across 2 lenders, median approval $122,800, plus 1 504 approvals worth $184,000 since FY2010. These count approvals to borrowers whose address is in Clara City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Clara City borrowers get paid back?
No rate is published for Clara City. 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 Clara City in the National Flood Insurance Program?
Yes. Clara City appears in the FEMA Community Status Book as Clara City, city of, community 270067, 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 Clara City figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Chippewa 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 Clara City.
Is zoning published for Clara City?
No. Nothing on this page presents parcel level zoning.
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