HomeMinnesotaDakota CountyHastings
Hastings, Minnesota: commercial real estate data.
Hastings is a Census city of 22,117 people across 10.35 square miles of land, lying across Dakota County and Washington County. Median household income is $93,998, 76.4 percent of occupied homes are owned, and the SBA record carries 28 7(a) approvals to borrowers here worth $15.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hastings
What Hastings is
- Census place typecity
- Land area10.35 sq mi
- Water area0.85 sq mi
- Population per square mile of land2,136
- County holding the largest share of its areaDakota County, 97.4 percent
- Counties this place lies inDakota County 97.4 percent, Washington County 2.6 percent
Hastings crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hastings
How many people live in Hastings
- Population22,117
- Median age41.0
- Population under 184,810
- Share under 1821.7 percent
- Population 65 and over4,383
- Share 65 and over19.8 percent
- Households8,985
- Family households5,711
- Share of households that are families63.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hastings
Income and work in Hastings
- Median household income$93,998
- Per capita income$44,593
- Civilian labor force12,154
- Employed11,555
- Unemployed599 plus or minus 194
- Unemployment rate4.9 percent plus or minus 1.6
- Adults 25 and over15,522
- Adults 25 and over with a high school diploma or higher95.0 percent
- Adults 25 and over with a bachelor degree or higher30.9 percent
- Adults 25 and over with a graduate degree7.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hastings
Housing in Hastings
- Housing units9,302
- Occupied units8,985
- Vacant units317 plus or minus 144
- Vacancy rate3.4 percent plus or minus 1.5
- Owner occupied6,861
- Renter occupied2,124
- Ownership rate76.4 percent
- Median owner-occupied home value$322,400
- Median gross rent, monthly$1,183
- Annual rent as a share of median income15.1 percent
- Single family units6,794
- Share single family73.0 percent
- Units in buildings of two or more2,190
- Share in buildings of two or more23.5 percent
- Mobile homes258 plus or minus 85
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hastings
How Hastings gets to work
- Workers 16 and over who commute9,880
- Commuting under 15 minutes3,150
- Share commuting under 15 minutes31.9 percent
- Commuting 30 minutes or more3,670
- Share commuting 30 minutes or more37.1 percent
- Drove alone77.2 percent
- Carpooled6.2 percent plus or minus 2.1
- Public transport0.2 percent plus or minus 0.2
- Walked1.9 percent plus or minus 0.8
- Worked from home13.0 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hastings
SBA loans in Hastings (7(a))
- Approvals28
- Gross approval$15,815,200
- Average approval$564,829
- Median approval$196,500
- Ninetieth percentile approval$1,282,310
- Largest approval$4,000,000
- Jobs supported381
- Jobs per approval13.6
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.1 percent
- Share to franchises3.6 percent
- Distinct lenders20
- Distinct industries by NAICS18
Counted by borrower city: approvals to borrowers whose address is in Hastings, in any county, FY2020 to FY2026. Only 4 loans have 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.
Hastings
SBA loans in Hastings (504)
- Approvals34
- Gross approval$13,810,000
- Average approval$406,176
- Median approval$284,000
- Largest approval$1,790,000
- Jobs supported212
- Loans with a final outcome15
- Charged off0
- Median term240 months
- Distinct CDCs5
Counted by borrower city: approvals to borrowers whose address is in Hastings, in any county, FY2010 to FY2026. Only 15 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.
Hastings
Flood risk in Hastings
- NFIP communityCity of Hastings
- NFIP community number270105
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/16/16
The City of Hastings participates in the National Flood Insurance Program as community 270105 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.
Dakota County, not Hastings
Dakota County context, not Hastings figures
- Establishments in Dakota County10,964
- Covered employment, Dakota County189,387
- Average annual pay, Dakota County$72,792
- Housing units permitted, Dakota County2,146
Every figure in this section is published for Dakota County as a whole and is not a measurement of Hastings.
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
Hastings questions, answered from the record.
How many people live in Hastings, Minnesota?
22,117, in 8,985 households. Hastings city covers 10.35 square miles of land, which is 2,136 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hastings in?
Hastings lies in more than one. By area it is 97.4 percent in Dakota County, 2.6 percent in Washington County. This page sits under Dakota County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Hastings?
$93,998. The median owner-occupied home is valued at $322,400. Median gross rent is $1,183 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hastings businesses?
28 7(a) approvals totaling $15.8 m since FY2020, across 20 lenders, median approval $196,500, plus 34 504 approvals worth $13.8 m since FY2010. These count approvals to borrowers whose address is in Hastings, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hastings borrowers get paid back?
No rate is published for Hastings. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hastings in the National Flood Insurance Program?
Yes. Hastings appears in the FEMA Community Status Book as Hastings, city of, community 270105, 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 Hastings figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Dakota 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 Hastings.
Is zoning published for Hastings?
No. Nothing on this page presents parcel level zoning.