Fillmore County, Minnesota: commercial real estate data.
Fillmore County, Minnesota had an estimated 21,502 residents on July 1, 2024, up 1.2 percent since the 2020 census base of 21,239, across 861 square miles. County output reached $877.0 m in 2024, 577 establishments operate here, and the SBA record carries 25 7(a) approvals worth $6.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Fillmore County
How many people live in Fillmore County
- Population, American Community Survey 2020-202421,414
- Households8,723
- Average household size2.45
- Median household income$77,512
- Median age42.3
- Median gross rent$797 per month
- Median owner-occupied home value$221,100
- Home value to household income2.9 times
- Annual rent as a share of median income12.3 percent
- Adults 25 and over with a bachelor degree or higher24.1 percent
- Adults 25 and over with a graduate degree7.6 percent
- Adults 25 and over14,744
- Population under 185,231
- Share under 1824.4 percent
- Population 65 and over4,746
- Share 65 and over22.2 percent
- Working age population, 18 to 6411,437
- Civilian labor force11,232
- Unemployment rate2.7 percent
- Labor force participation, adults 18 and over69.4 percent
- Rank by population among Minnesota counties47th of 87
- Rank by population among US county-equivalents, Puerto Rico included1797th of 3,222
Fillmore County is the 47th largest of 87 Minnesota counties by population. A median home costs 2.9 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 24.4 percent against 22.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fillmore County
Is Fillmore County's population growing?
- Population, July 1, 202421,502
- Census 2020 base population21,239
- Population change since the 2020 census base1.24 percent
- Population change, 2023 to 2024-10
- Births, 2024226
- Deaths, 2024275
- Natural change, 2024-49
- Net domestic migration, 202426
- Net international migration, 202415
- Total net migration, 202441
- Cumulative net domestic migration, 2021 to 2024284
- Rank by growth among US county-equivalents1405th of 3,144
The county has grown 1.24 percent since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fillmore County
Where are people moving to Fillmore County from?
- Tax returns filed by households arriving464
- People arriving, from those returns848
- Tax returns filed by households leaving425
- Net household movement39
- Adjusted gross income arriving$29.0 m
- Net adjusted gross income movement$255,000
- Average income of an arriving household$62,440
- Average income of a leaving household$67,569
- Largest single originOlmsted County (154 households)
- Largest single destinationOlmsted County (120 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Olmsted County | 154 | 271 | $9.7 m |
| Winona County | 52 | 107 | $3.0 m |
| Mower County | 26 | 48 | $1.2 m |
| Houston County | 23 | 44 | $761,000 |
Households arriving report $5,129 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Olmsted 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.
Fillmore County
What is the Fillmore County economy?
- County GDP, 2024$877.0 m
- County GDP, 2023$914.2 m
- GDP change, 2023 to 2024-4.1 percent
- GDP change over five years27.0 percent
- Rank by GDP among the Minnesota areas BEA publishes57th of 87
- Rank by GDP among the US county areas BEA publishes1953rd of 3,127
- GDP per resident$40,957
Output grew -4.1 percent in the latest year and 27.0 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.
Fillmore County
Employment by industry in Fillmore County
- Covered employment, annual average6,235
- Establishments reporting802
- Average annual pay$44,287
- Average weekly wage$852
- Manufacturing, employment800
- Manufacturing, average annual pay$58,348
- Retail trade, employment674
- Retail trade, average annual pay$35,251
- Accommodation and food services, employment513
- Accommodation and food services, average annual pay$17,759
- Wholesale trade, employment319
- Wholesale trade, average annual pay$65,863
- Construction, employment274
- Finance and insurance, employment189
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 800 | 52 | $58,348 |
| Retail trade | 674 | 85 | $35,251 |
| Accommodation and food services | 513 | 65 | $17,759 |
| Wholesale trade | 319 | 27 | $65,863 |
| Construction | 274 | 86 | $57,915 |
| Finance and insurance | 189 | 34 | $71,777 |
| Other services, except public administration | 161 | 54 | $30,641 |
| Professional, scientific and technical services | 129 | 30 | $52,287 |
Manufacturing is the largest private sector at 800 jobs, 12.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Fillmore County
How many businesses are in Fillmore County?
- Establishments, all industries577
- Employment at those establishments4,608
- Annual payroll$207.1 m
- Establishments per 1,000 residents26.9
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.
Fillmore County
Building permits in Fillmore County
- Housing units authorized by permit, 202468
- Declared construction value permitted$13.7 m
- Single family units authorized66
- Multifamily units authorized2
- Multifamily share of units2.9 percent
- Average declared value per unit$201,624
- Units authorized per 1,000 households7.8
Single-family homes are 97.1 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Fillmore County
SBA loans in Fillmore County (7(a) and 504)
- 7(a) approvals recorded25
- 7(a) gross approval dollars$6.3 m
- Average 7(a) approval$253,292
- Median 7(a) approval$71,500
- 10th percentile approval$25,400
- 90th percentile approval$810,700
- Largest single approval$1,440,000
- Jobs reported supported, 7(a)117
- Jobs per approval4.7
- Distinct 7(a) lenders active11
- Distinct industries receiving approvals16
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer28.0 percent
- Loans on real estate terms7
- Loans on working capital terms, 120 months or shorter18
- Franchise loans1
- Franchise share of approvals4.0 percent
- Leading industry by approval countGeneral Automotive Repair (4)
- Most active lenderFirst National Bank (12)
- 504 approvals recorded17
- 504 gross approval dollars$6.1 m
- Average 504 approval$360,824
- Median 504 approval$280,000
- Distinct CDCs active5
- 504 jobs per approval3.1
- 504 jobs per million dollars approved8.6
- Most active CDCSoutheastern Minnesota 504 Development Corporation (11)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$12.5 m
The average approval of $253,292 sits well above the median of $71,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 28.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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.
Fillmore County
SBA loan default and charge-off rates in Fillmore County
Do SBA loans in Fillmore County get paid back?
- Loans with a final outcome recorded8
- Paid in full7
- Charged off1
- Status: Paid in full7
- Status: Exempt from disclosure16
- Status: Charged off1
- Status: Cancelled1
Only 8 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.
Fillmore County
SBA lending by place in Fillmore County
- Borrower cities with recorded lending6
- Spring Valley, approvals10
- Preston, approvals5
- Fountain, approvals4
- Chatfield, approvals3
- Lanesboro, approvals2
- Rushford, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Spring Valley | 10 | $2,075,100 |
| Preston | 5 | $661,000 |
| Fountain | 4 | $207,400 |
| Chatfield | 3 | $2,624,500 |
| Lanesboro | 2 | $743,500 |
| Rushford | 1 | $20,800 |
Spring Valley accounts for 10 approvals against 5 in Preston. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fillmore County
How large is Fillmore County?
- Land area861 sq mi
- Rank by land area among Minnesota counties28th of 87
- Width, east to west36 mi
- Height, north to south24 mi
- Geographies sharing a boundary6
- Residents per square mile of land25
- Establishments per square mile0.67
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.
Fillmore County
Flood risk in Fillmore County
- Participation of the county's own NFIP community Fillmore County, unincorporated areasParticipating, community 270124
- Communities in the county in the NFIP Community Status Book12
- Of those, participating in the NFIP12
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Fillmore 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 Fillmore County (community 270124), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Fillmore 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. 100.0 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 Fillmore 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 Fillmore County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202421,414
- Households8,723
- Average household size2.45
- Median household income$77,512
- Median age42.3
Common questions
Fillmore County questions, answered from the record.
How many people live in Fillmore County, Minnesota?
The Census Bureau estimates 21,502 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 21,414, in 8,723 households, ranking 47th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fillmore County's population growing?
The population has grown 1.24 percent since the 2020 census base of 21,239, to 21,502 on July 1, 2024. In 2024 there were 226 births against 275 deaths, with net migration of 41. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fillmore County?
$77,512. The median owner-occupied home is valued at $221,100, which is 2.9 times income, and median gross rent is $797 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Fillmore County?
577 establishments, employing 4,608 people with an annual payroll of $207.1 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 Fillmore County?
Manufacturing is the largest private sector at 800 jobs, 12.8 percent of covered employment. Covered employment averages 6,235 jobs at an average annual pay of $44,287, or $852 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fillmore County?
25 7(a) approvals totaling $6.3 m since FY2020, across 11 lenders, with a median approval of $71,500, plus 17 504 approvals worth $6.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Fillmore County?
68 housing units were authorized by permit in 2024, with a declared construction value of $13.7 m. Multifamily was 2.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fillmore 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 Fillmore County come from?
The largest single origin is Olmsted County, with 154 households. Arriving households report an average income of $62,440 against $67,569 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Fillmore 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 Fillmore 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.
Fillmore County
Cities and places in Fillmore.
14 Census places lie wholly or partly in Fillmore County. All 14 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 |
|---|---|---|---|---|
| Chatfield | city | 2,559 | 3 | 64.6 percent here, 35.4 percent Olmsted County |
| Spring Valley | city | 2,307 | 10 | Wholly in this county |
| Rushford | city | 1,826 | 1 | Wholly in this county |
| Preston | city | 1,362 | 5 | Wholly in this county |
| Harmony | city | 1,024 | None recorded | Wholly in this county |
| Rushford Village | city | 809 | None recorded | Wholly in this county |
| Lanesboro | city | 744 | 2 | Wholly in this county |
| Mabel | city | 730 | None recorded | Wholly in this county |
| Fountain | city | 493 | 4 | Wholly in this county |
| Canton | city | 398 | None recorded | Wholly in this county |
| Wykoff | city | 377 | None recorded | Wholly in this county |
| Ostrander | city | 313 | None recorded | Wholly in this county |
| Peterson | city | 244 | None recorded | Wholly in this county |
| Whalan | city | 45 | None recorded | Wholly in this county |
Nearby