HomeMinnesotaItasca CountyColeraine city
Coleraine city, Minnesota: commercial real estate data.
Coleraine city is a Census city of 2,150 people across 15.42 square miles of land, in Itasca County. Median household income is $74,716, 89.2 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $615,300.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Coleraine
What Coleraine is
- Census place typecity
- Land area15.42 sq mi
- Water area0.49 sq mi
- Population per square mile of land139
- County holding the largest share of its areaItasca 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.
Coleraine
How many people live in Coleraine
- Population2,150
- Median age36.4
- Population under 18612
- Share under 1828.5 percent
- Population 65 and over427 plus or minus 104
- Share 65 and over19.9 percent plus or minus 4.2
- Households741
- Family households578
- Share of households that are families78.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Coleraine
Income and work in Coleraine
- Median household income$74,716
- Per capita income$33,763
- Civilian labor force1,069
- Employed1,036
- Unemployed33 plus or minus 21
- Unemployment rate3.1 percent plus or minus 1.9
- Adults 25 and over1,357
- Adults 25 and over with a high school diploma or higher93.9 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree7.1 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Coleraine
Housing in Coleraine
- Housing units809
- Occupied units741
- Vacant units68 plus or minus 42
- Vacancy rate8.4 percent plus or minus 5.1
- Owner occupied661
- Renter occupied80 plus or minus 52
- Ownership rate89.2 percent
- Median owner-occupied home value$211,800
- Median gross rent, monthly$1,167 plus or minus $524
- Annual rent as a share of median income18.7 percent plus or minus 8.7
- Single family units662
- Share single family81.8 percent
- Units in buildings of two or more47 plus or minus 43
- Share in buildings of two or more5.8 percent plus or minus 5.3
- Mobile homes100 plus or minus 72
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Coleraine
How Coleraine gets to work
- Workers 16 and over who commute966
- Commuting under 15 minutes421 plus or minus 115
- Share commuting under 15 minutes43.6 percent plus or minus 9.2
- Commuting 30 minutes or more153 plus or minus 61
- Share commuting 30 minutes or more15.8 percent plus or minus 5.7
- Drove alone79.3 percent
- Carpooled14.1 percent plus or minus 8.0
- Public transport0.0 percent
- Walked1.7 percent plus or minus 2.1
- Worked from home4.0 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Coleraine
SBA loans in Coleraine (7(a))
- Approvals4
- Gross approval$615,300
- Average approval$153,825
- Median approval$147,500
- Ninetieth percentile approval$331,100
- Largest approval$331,100
- Jobs supported25
- Jobs per approval6.3
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS4
A charge-off rate is not published here. only 3 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.
Coleraine
SBA loans in Coleraine (504)
- Approvals1
- Gross approval$1,474,000
- Average approval$1,474,000
- Median approval$1,474,000
- Largest approval$1,474,000
- Jobs supported15
- 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.
Itasca County, not Coleraine
Itasca County context, not Coleraine figures
These are Itasca County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Coleraine measurements.
- Establishments in Itasca County1,175
- Employment at those establishments, Itasca County13,380
- Covered employment, Itasca County16,608
- Average annual pay, Itasca County$54,071
- Average weekly wage, Itasca County$1,040
- Housing units permitted, Itasca County124
- Of those, single family, Itasca County124
- County product, 2024, Itasca County$2,578,880,000
- County product change over the prior year, Itasca County-7.5 percent
- Average income of an arriving household, Itasca County$70,353
Every figure in this section is published for Itasca County as a whole and is not a measurement of Coleraine. 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
Coleraine questions, answered from the record.
How many people live in Coleraine, Minnesota?
2,150, in 741 households. Coleraine city covers 15.42 square miles of land, which is 139 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Coleraine in?
Itasca 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 Coleraine?
$74,716. The median owner-occupied home is valued at $211,800. Median gross rent is $1,167 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Coleraine businesses?
4 7(a) approvals totalling $615,300, across 2 lenders, median approval $147,500, plus 1 504 approvals worth $1.5 m. These count approvals to borrowers whose address is in Coleraine, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Coleraine borrowers get paid back?
No rate is published for Coleraine. only 3 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 Coleraine figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Itasca 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 Coleraine.
Is zoning published for Coleraine?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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