HomeMinnesotaHennepin CountyCorcoran
Corcoran, Minnesota: commercial real estate data.
Corcoran is a Census city of 7,302 people across 35.80 square miles of land, in Hennepin County. Median household income is $133,423, 95.1 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $5.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Corcoran
What Corcoran is
- Census place typecity
- Land area35.8 sq mi
- Water area0.28 sq mi
- Population per square mile of land204
- County holding the largest share of its areaHennepin 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.
Corcoran
How many people live in Corcoran
- Population7,302
- Median age41.9
- Population under 181,735
- Share under 1823.8 percent
- Population 65 and over1,752 plus or minus 358
- Share 65 and over24.0 percent plus or minus 4.9
- Households2,766
- Family households2,364
- Share of households that are families85.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corcoran
Income and work in Corcoran
- Median household income$133,423 plus or minus $31,559
- Per capita income$67,146
- Civilian labor force3,654
- Employed3,613
- Unemployed41 plus or minus 44
- Unemployment rate1.1 percent plus or minus 1.2
- Adults 25 and over5,359
- Adults 25 and over with a high school diploma or higher96.2 percent
- Adults 25 and over with a bachelor degree or higher54.6 percent
- Adults 25 and over with a graduate degree16.0 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corcoran
Housing in Corcoran
- Housing units2,842
- Occupied units2,766
- Vacant units76 plus or minus 88
- Vacancy rate2.7 percent plus or minus 3.1
- Owner occupied2,630
- Renter occupied136 plus or minus 84
- Ownership rate95.1 percent
- Median owner-occupied home value$569,400
- Single family units2,729
- Share single family96.0 percent
- Units in buildings of two or more41 plus or minus 48
- Share in buildings of two or more1.4 percent plus or minus 1.7
- Mobile homes72 plus or minus 57
- Median year structure built1991
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corcoran
How Corcoran gets to work
- Workers 16 and over who commute2,501
- Commuting under 15 minutes498 plus or minus 202
- Share commuting under 15 minutes19.9 percent plus or minus 7.8
- Commuting 30 minutes or more882 plus or minus 249
- Share commuting 30 minutes or more35.3 percent plus or minus 9.1
- Drove alone63.1 percent
- Carpooled3.8 percent plus or minus 2.9
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.3
- Worked from home29.2 percent plus or minus 6.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corcoran
SBA loans in Corcoran (7(a))
- Approvals7
- Gross approval$5,129,000
- Average approval$732,714
- Median approval$497,500
- Largest approval$1,996,500
- Jobs supported109
- Jobs per approval15.6
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more28.6 percent
- Share to franchises14.3 percent
- Distinct lenders7
- Distinct industries by NAICS7
Counted by borrower city: approvals to borrowers whose address is in Corcoran, in any county, FY2020 to FY2026. Only 2 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.
Corcoran
SBA loans in Corcoran (504)
- Approvals10
- Gross approval$7,578,000
- Average approval$757,800
- Median approval$461,500
- Largest approval$2,641,000
- Jobs supported70
- Loans with a final outcome2
- Charged off0
- Median term270 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Corcoran, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Corcoran
Flood risk in Corcoran
- NFIP communityCity of Corcoran
- NFIP community number270155
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/04/16
The City of Corcoran participates in the National Flood Insurance Program as community 270155 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hennepin County, not Corcoran
Hennepin County context, not Corcoran figures
- Establishments in Hennepin County40,486
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Housing units permitted, Hennepin County3,919
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Corcoran.
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
Corcoran questions, answered from the record.
How many people live in Corcoran, Minnesota?
7,302, in 2,766 households. Corcoran city covers 35.80 square miles of land, which is 204 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Corcoran in?
Hennepin 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 Corcoran?
$133,423. The median owner-occupied home is valued at $569,400. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Corcoran businesses?
7 7(a) approvals totaling $5.1 m since FY2020, across 7 lenders, median approval $497,500, plus 10 504 approvals worth $7.6 m since FY2010. These count approvals to borrowers whose address is in Corcoran, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Corcoran borrowers get paid back?
No rate is published for Corcoran. Only 2 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.
Is Corcoran in the National Flood Insurance Program?
Yes. Corcoran appears in the FEMA Community Status Book as Corcoran, city of, community 270155, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Corcoran figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hennepin 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 Corcoran.
Is zoning published for Corcoran?
No. Nothing on this page presents parcel level zoning.