HomeMinnesotaFreeborn CountyClarks Grove
Clarks Grove, Minnesota: commercial real estate data.
Clarks Grove is a Census city of 636 people across 0.60 square miles of land, in Freeborn County. Median household income is $73,750, 77.8 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $2.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Clarks Grove
What Clarks Grove is
- Census place typecity
- Land area0.6 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,062 plus or minus 212
- 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.
Clarks Grove
How many people live in Clarks Grove
- Population636 plus or minus 127
- Median age35.6 plus or minus 8.8
- Population under 18139 plus or minus 66
- Share under 1821.9 percent plus or minus 9.5
- Population 65 and over75 plus or minus 20
- Share 65 and over11.8 percent
- Households261
- Family households163
- Share of households that are families62.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Grove
Income and work in Clarks Grove
- Median household income$73,750
- Per capita income$33,575
- Civilian labor force385
- Employed369
- Unemployed16 plus or minus 23
- Unemployment rate4.2 percent plus or minus 5.9
- Adults 25 and over421
- Adults 25 and over with a high school diploma or higher85.3 percent
- Adults 25 and over with a bachelor degree or higher17.1 percent plus or minus 5.3
- Adults 25 and over with a graduate degree1.7 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Grove
Housing in Clarks Grove
- Housing units280
- Occupied units261
- Vacant units19 plus or minus 17
- Vacancy rate6.8 percent plus or minus 6.0
- Owner occupied203
- Renter occupied58 plus or minus 23
- Ownership rate77.8 percent
- Median owner-occupied home value$123,400 plus or minus $40,389
- Median gross rent, monthly$845 plus or minus $177
- Annual rent as a share of median income13.7 percent plus or minus 3.4
- Single family units203
- Share single family72.5 percent
- Units in buildings of two or more20 plus or minus 18
- Share in buildings of two or more7.1 percent plus or minus 6.2
- Mobile homes57 plus or minus 18
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Grove
How Clarks Grove gets to work
- Workers 16 and over who commute340
- Commuting under 15 minutes115 plus or minus 35
- Share commuting under 15 minutes33.8 percent plus or minus 8.2
- Commuting 30 minutes or more58 plus or minus 22
- Share commuting 30 minutes or more17.1 percent plus or minus 5.5
- Drove alone84.8 percent
- Carpooled7.7 percent plus or minus 4.5
- Public transport0.0 percent
- Walked1.4 percent plus or minus 2.2
- Worked from home6.1 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clarks Grove
SBA loans in Clarks Grove (7(a))
- Approvals7
- Gross approval$2,131,600
- Average approval$304,514
- Median approval$250,000
- Largest approval$807,500
- Jobs supported33
- Jobs per approval4.7
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises28.6 percent
- Distinct lenders2
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Clarks Grove, in any county, FY2020 to FY2026. Only 3 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.
Freeborn County, not Clarks Grove
Freeborn County context, not Clarks Grove figures
- Establishments in Freeborn County755
- Covered employment, Freeborn County11,963
- Average annual pay, Freeborn County$53,099
- Housing units permitted, Freeborn County16
Every figure in this section is published for Freeborn County as a whole and is not a measurement of Clarks Grove.
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
Clarks Grove questions, answered from the record.
How many people live in Clarks Grove, Minnesota?
636, in 261 households. Clarks Grove city covers 0.60 square miles of land, which is 1,062 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Clarks Grove 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 Clarks Grove?
$73,750. The median owner-occupied home is valued at $123,400. Median gross rent is $845 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Clarks Grove businesses?
7 7(a) approvals totaling $2.1 m since FY2020, across 2 lenders, median approval $250,000. These count approvals to borrowers whose address is in Clarks Grove, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Clarks Grove borrowers get paid back?
No rate is published for Clarks Grove. Only 3 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.
Are the county figures on this page Clarks Grove figures?
No, and they are labeled 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 Clarks Grove.
Is zoning published for Clarks Grove?
No. Nothing on this page presents parcel level zoning.
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