HomeMinnesotaFillmore CountyLanesboro city
Lanesboro city, Minnesota: commercial real estate data.
Lanesboro city is a Census city of 744 people across 1.52 square miles of land, in Fillmore County. Median household income is $75,313, 68.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $743,500.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lanesboro
What Lanesboro is
- Census place typecity
- Land area1.52 sq mi
- Water area0 sq mi
- Population per square mile of land491
- County holding the largest share of its areaFillmore 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.
Lanesboro
How many people live in Lanesboro
- Population744
- Median age49.4
- Population under 18139 plus or minus 40
- Share under 1818.7 percent plus or minus 4.9
- Population 65 and over216 plus or minus 43
- Share 65 and over29.0 percent
- Households353
- Family households209
- Share of households that are families59.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lanesboro
Income and work in Lanesboro
- Median household income$75,313 plus or minus $15,050
- Per capita income$41,132
- Civilian labor force375
- Employed363
- Unemployed12 plus or minus 6
- Unemployment rate3.2 percent plus or minus 1.5
- Adults 25 and over566
- Adults 25 and over with a high school diploma or higher95.6 percent
- Adults 25 and over with a bachelor degree or higher43.1 percent
- Adults 25 and over with a graduate degree18.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lanesboro
Housing in Lanesboro
- Housing units467
- Occupied units353
- Vacant units114 plus or minus 38
- Vacancy rate24.4 percent plus or minus 7.6
- Owner occupied242
- Renter occupied111 plus or minus 39
- Ownership rate68.6 percent
- Median owner-occupied home value$213,200
- Median gross rent, monthly$518 plus or minus $114
- Annual rent as a share of median income8.3 percent plus or minus 2.5
- Single family units347
- Share single family74.3 percent
- Units in buildings of two or more119 plus or minus 43
- Share in buildings of two or more25.5 percent plus or minus 8.6
- Mobile homes1 plus or minus 3
- Median year structure built1945
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lanesboro
How Lanesboro gets to work
- Workers 16 and over who commute336
- Commuting under 15 minutes181 plus or minus 39
- Share commuting under 15 minutes53.9 percent
- Commuting 30 minutes or more106 plus or minus 30
- Share commuting 30 minutes or more31.5 percent plus or minus 7.5
- Drove alone73.2 percent
- Carpooled4.1 percent plus or minus 2.7
- Public transport0.0 percent
- Walked15.5 percent plus or minus 6.3
- Worked from home7.2 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lanesboro
SBA loans in Lanesboro (7(a))
- Approvals2
- Gross approval$743,500
- Average approval$371,750
- Median approval$451,500
- Ninetieth percentile approval$451,500
- Largest approval$451,500
- Jobs supported23
- Jobs per approval11.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 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.
Lanesboro
SBA loans in Lanesboro (504)
- Approvals1
- Gross approval$223,000
- Average approval$223,000
- Median approval$223,000
- Largest approval$223,000
- Jobs supported2
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fillmore County, not Lanesboro
Fillmore County context, not Lanesboro figures
These are Fillmore County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lanesboro measurements.
- Establishments in Fillmore County577
- Employment at those establishments, Fillmore County4,608
- Covered employment, Fillmore County6,235
- Average annual pay, Fillmore County$44,287
- Average weekly wage, Fillmore County$852
- Housing units permitted, Fillmore County68
- Of those, single family, Fillmore County66
- County product, 2024, Fillmore County$877,049,000
- County product change over the prior year, Fillmore County-4.1 percent
- Average income of an arriving household, Fillmore County$62,440
Every figure in this section is published for Fillmore County as a whole and is not a measurement of Lanesboro. 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
Lanesboro questions, answered from the record.
How many people live in Lanesboro, Minnesota?
744, in 353 households. Lanesboro city covers 1.52 square miles of land, which is 491 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lanesboro in?
Fillmore 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 Lanesboro?
$75,313. The median owner-occupied home is valued at $213,200. Median gross rent is $518 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lanesboro businesses?
2 7(a) approvals totalling $743,500, across 2 lenders, median approval $451,500, plus 1 504 approvals worth $223,000. These count approvals to borrowers whose address is in Lanesboro, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lanesboro borrowers get paid back?
No rate is published for Lanesboro. only 0 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 Lanesboro figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fillmore 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 Lanesboro.
Is zoning published for Lanesboro?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.