HomeMinnesotaDouglas CountyOsakis city
Osakis city, Minnesota: commercial real estate data.
Osakis city is a Census city of 1,623 people across 1.92 square miles of land, lying across Douglas County and Todd County. Median household income is $50,833, 63.1 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $3.0 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Osakis
What Osakis is
- Census place typecity
- Land area1.92 sq mi
- Water area0.05 sq mi
- Population per square mile of land845
- County holding the largest share of its areaDouglas County, 82.8 percent
- Counties this place lies inDouglas County 82.8 percent, Todd County 17.2 percent
Osakis city 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.
Osakis
How many people live in Osakis
- Population1,623
- Median age43.4 plus or minus 9.5
- Population under 18353
- Share under 1821.7 percent
- Population 65 and over424
- Share 65 and over26.1 percent
- Households772
- Family households393
- Share of households that are families50.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Osakis
Income and work in Osakis
- Median household income$50,833 plus or minus $14,193
- Per capita income$31,590
- Civilian labor force769
- Employed765
- Unemployed4 plus or minus 5
- Unemployment rate0.5 percent plus or minus 0.6
- Adults 25 and over1,130
- Adults 25 and over with a high school diploma or higher91.2 percent
- Adults 25 and over with a bachelor degree or higher19.1 percent plus or minus 4.9
- Adults 25 and over with a graduate degree8.2 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Osakis
Housing in Osakis
- Housing units1,072
- Occupied units772
- Vacant units300 plus or minus 86
- Vacancy rate28.0 percent plus or minus 7.4
- Owner occupied487
- Renter occupied285 plus or minus 116
- Ownership rate63.1 percent plus or minus 12.8
- Median owner-occupied home value$173,500
- Median gross rent, monthly$477 plus or minus $303
- Annual rent as a share of median income11.3 percent plus or minus 7.8
- Single family units777
- Share single family72.5 percent
- Units in buildings of two or more222 plus or minus 105
- Share in buildings of two or more20.7 percent plus or minus 9.5
- Mobile homes73 plus or minus 40
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Osakis
How Osakis gets to work
- Workers 16 and over who commute679
- Commuting under 15 minutes243 plus or minus 73
- Share commuting under 15 minutes35.8 percent plus or minus 9.4
- Commuting 30 minutes or more190 plus or minus 60
- Share commuting 30 minutes or more28.0 percent plus or minus 7.9
- Drove alone83.3 percent
- Carpooled7.6 percent plus or minus 2.8
- Public transport0.0 percent
- Walked0.8 percent plus or minus 0.8
- Worked from home7.9 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Osakis
SBA loans in Osakis (7(a))
- Approvals8
- Gross approval$3,003,000
- Average approval$375,375
- Median approval$101,200
- Ninetieth percentile approval$2,000,000
- Largest approval$2,000,000
- Jobs supported84
- Jobs per approval10.5
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS7
A charge-off rate is not published here. only 3 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.
Osakis
SBA loans in Osakis (504)
- Approvals9
- Gross approval$4,107,000
- Average approval$456,333
- Median approval$539,000
- Largest approval$1,002,000
- Jobs supported114
- Loans with a final outcome5
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Douglas County, not Osakis
Douglas County context, not Osakis figures
These are Douglas County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Osakis measurements.
- Establishments in Douglas County1,394
- Employment at those establishments, Douglas County18,208
- Covered employment, Douglas County19,527
- Average annual pay, Douglas County$57,062
- Average weekly wage, Douglas County$1,097
- Housing units permitted, Douglas County285
- Of those, single family, Douglas County191
- County product, 2024, Douglas County$2,859,766,000
- County product change over the prior year, Douglas County3.5 percent
- Average income of an arriving household, Douglas County$81,953
Every figure in this section is published for Douglas County as a whole and is not a measurement of Osakis. 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
Osakis questions, answered from the record.
How many people live in Osakis, Minnesota?
1,623, in 772 households. Osakis city covers 1.92 square miles of land, which is 845 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Osakis in?
Osakis lies in more than one. By area it is 82.8 percent in Douglas County, 17.2 percent in Todd County. This page sits under Douglas 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 Osakis?
$50,833. The median owner-occupied home is valued at $173,500. Median gross rent is $477 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Osakis businesses?
8 7(a) approvals totalling $3.0 m, across 7 lenders, median approval $101,200, plus 9 504 approvals worth $4.1 m. These count approvals to borrowers whose address is in Osakis, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Osakis borrowers get paid back?
No rate is published for Osakis. only 3 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 Osakis figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Douglas 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 Osakis.
Is zoning published for Osakis?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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