HomeMinnesotaFreeborn CountyAlden city
Alden city, Minnesota: commercial real estate data.
Alden city is a Census city of 629 people across 0.96 square miles of land, in Freeborn County. Median household income is $73,250, 82.8 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $3.3 m.
76 sourced place values · tier FULL · 8 sections
Alden
What Alden is
- Census place typecity
- Land area0.96 sq mi
- Water area0.03 sq mi
- Population per square mile of land652
- County holding the largest share of its areaFreeborn 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.
Alden
How many people live in Alden
- Population629
- Median age50.5
- Population under 18109 plus or minus 31
- Share under 1817.3 percent plus or minus 4.3
- Population 65 and over136 plus or minus 30
- Share 65 and over21.6 percent
- Households273
- Family households203
- Share of households that are families74.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alden
Income and work in Alden
- Median household income$73,250
- Per capita income$39,880
- Civilian labor force405
- Employed371
- Unemployed34 plus or minus 23
- Unemployment rate8.4 percent plus or minus 5.5
- Adults 25 and over468
- Adults 25 and over with a high school diploma or higher97.9 percent
- Adults 25 and over with a bachelor degree or higher18.2 percent plus or minus 5.2
- Adults 25 and over with a graduate degree6.4 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alden
Housing in Alden
- Housing units295
- Occupied units273
- Vacant units22 plus or minus 19
- Vacancy rate7.5 percent plus or minus 6.4
- Owner occupied226
- Renter occupied47 plus or minus 24
- Ownership rate82.8 percent plus or minus 16.7
- Median owner-occupied home value$128,400
- Median gross rent, monthly$1,042 plus or minus $505
- Annual rent as a share of median income17.1 percent plus or minus 8.9
- Single family units293
- Share single family99.3 percent
- Units in buildings of two or more2 plus or minus 11
- Share in buildings of two or more0.7 percent plus or minus 3.6
- Mobile homes0
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alden
How Alden gets to work
- Workers 16 and over who commute339
- Commuting under 15 minutes106 plus or minus 32
- Share commuting under 15 minutes31.3 percent plus or minus 7.9
- Commuting 30 minutes or more72 plus or minus 36
- Share commuting 30 minutes or more21.2 percent plus or minus 10.0
- Drove alone88.6 percent
- Carpooled2.2 percent plus or minus 2.2
- Public transport0.0 percent
- Walked1.7 percent plus or minus 1.9
- Worked from home6.1 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alden
SBA 7(a) lending to Alden borrowers
- Approvals1
- Gross approval$3,328,500
- Average approval$3,328,500
- Median approval$3,328,500
- Ninetieth percentile approval$3,328,500
- Largest approval$3,328,500
- Jobs supported4
- Jobs per approval4.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 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.
Alden
SBA 504 lending to Alden borrowers
- Approvals1
- Gross approval$811,000
- Average approval$811,000
- Median approval$811,000
- Largest approval$811,000
- Jobs supported15
- Loans with a final outcome0
- 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.
Freeborn County, not Alden
Freeborn County context, not Alden figures
These are Freeborn County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Alden measurements.
- Establishments in Freeborn County755
- Employment at those establishments, Freeborn County10,861
- Covered employment, Freeborn County11,963
- Average annual pay, Freeborn County$53,099
- Average weekly wage, Freeborn County$1,021
- Housing units permitted, Freeborn County16
- Of those, single family, Freeborn County16
- County product, 2024, Freeborn County$1,740,083,000
- County product change over the prior year, Freeborn County1.7 percent
- Average income of an arriving household, Freeborn County$49,790
Every figure in this section is published for Freeborn County as a whole and is not a measurement of Alden. 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
Alden questions, answered from the record.
How many people live in Alden, Minnesota?
629, in 273 households. Alden city covers 0.96 square miles of land, which is 652 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Alden in?
Freeborn 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 Alden?
$73,250. The median owner-occupied home is valued at $128,400. Median gross rent is $1,042 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Alden businesses?
1 7(a) approvals totalling $3.3 m, across 1 lenders, median approval $3,328,500, plus 1 504 approvals worth $811,000. These count approvals to borrowers whose address is in Alden, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Alden borrowers get paid back?
No rate is published for Alden. only 1 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 Alden figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Freeborn 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 Alden.
Is zoning published for Alden?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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