HomeMinnesotaKandiyohi CountySpicer
Spicer, Minnesota: commercial real estate data.
Spicer is a Census city of 1,222 people across 1.22 square miles of land, in Kandiyohi County. Median household income is $77,969, 67.5 percent of occupied homes are owned, and the SBA record carries 17 7(a) approvals to borrowers here worth $5.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Spicer
What Spicer is
- Census place typecity
- Land area1.22 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,000
- County holding the largest share of its areaKandiyohi 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.
Spicer
How many people live in Spicer
- Population1,222
- Median age46.4
- Population under 18253 plus or minus 82
- Share under 1820.7 percent plus or minus 5.4
- Population 65 and over227 plus or minus 58
- Share 65 and over18.6 percent
- Households551
- Family households300 plus or minus 63
- Share of households that are families54.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spicer
Income and work in Spicer
- Median household income$77,969
- Per capita income$48,005
- Civilian labor force705 plus or minus 150
- Employed696 plus or minus 150
- Unemployed9 plus or minus 8
- Unemployment rate1.3 percent plus or minus 1.1
- Adults 25 and over875
- Adults 25 and over with a high school diploma or higher98.1 percent plus or minus 20.8
- Adults 25 and over with a bachelor degree or higher29.9 percent
- Adults 25 and over with a graduate degree12.3 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spicer
Housing in Spicer
- Housing units686
- Occupied units551
- Vacant units135 plus or minus 77
- Vacancy rate19.7 percent plus or minus 10.8
- Owner occupied372
- Renter occupied179 plus or minus 44
- Ownership rate67.5 percent
- Median owner-occupied home value$294,700
- Median gross rent, monthly$859
- Annual rent as a share of median income13.2 percent
- Single family units537
- Share single family78.3 percent
- Units in buildings of two or more149 plus or minus 40
- Share in buildings of two or more21.7 percent plus or minus 4.8
- Mobile homes0
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spicer
How Spicer gets to work
- Workers 16 and over who commute654 plus or minus 145
- Commuting under 15 minutes319 plus or minus 112
- Share commuting under 15 minutes48.8 percent plus or minus 13.3
- Commuting 30 minutes or more74 plus or minus 29
- Share commuting 30 minutes or more11.3 percent plus or minus 3.6
- Drove alone84.6 percent
- Carpooled6.0 percent plus or minus 3.4
- Public transport1.2 percent plus or minus 1.1
- Walked0.9 percent plus or minus 1.2
- Worked from home3.8 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spicer
SBA loans in Spicer (7(a))
- Approvals17
- Gross approval$5,679,000
- Average approval$334,059
- Median approval$300,000
- Largest approval$1,277,500
- Jobs supported187
- Jobs per approval11.0
- Loans with a final outcome11
- Paid in full11
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more17.6 percent
- Share to franchises11.8 percent
- Distinct lenders7
- Distinct industries by NAICS12
Counted by borrower city: approvals to borrowers whose address is in Spicer, in any county, FY2020 to FY2026. Only 11 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.
Spicer
SBA loans in Spicer (504)
- Approvals14
- Gross approval$5,709,000
- Average approval$407,786
- Median approval$338,500
- Largest approval$921,000
- Jobs supported67
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Spicer, in any county, FY2010 to FY2026. Only 7 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.
Spicer
Flood risk in Spicer
- NFIP communityCity of Spicer
- NFIP community number270194
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date09/30/15
The City of Spicer does not participate in the National Flood Insurance Program as community 270194 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.
Kandiyohi County, not Spicer
Kandiyohi County context, not Spicer figures
- Establishments in Kandiyohi County1,416
- Covered employment, Kandiyohi County23,173
- Average annual pay, Kandiyohi County$51,980
- Housing units permitted, Kandiyohi County194
Every figure in this section is published for Kandiyohi County as a whole and is not a measurement of Spicer.
All Kandiyohi County figures →
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
Spicer questions, answered from the record.
How many people live in Spicer, Minnesota?
1,222, in 551 households. Spicer city covers 1.22 square miles of land, which is 1,000 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Spicer in?
Kandiyohi 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 Spicer?
$77,969. The median owner-occupied home is valued at $294,700. Median gross rent is $859 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spicer businesses?
17 7(a) approvals totaling $5.7 m since FY2020, across 7 lenders, median approval $300,000, plus 14 504 approvals worth $5.7 m since FY2010. These count approvals to borrowers whose address is in Spicer, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Spicer borrowers get paid back?
No rate is published for Spicer. Only 11 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 Spicer in the National Flood Insurance Program?
No, it is listed but not participating. Spicer appears in the FEMA Community Status Book as Spicer, city of, community 270194, 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 Spicer figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kandiyohi 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 Spicer.
Is zoning published for Spicer?
No. Nothing on this page presents parcel level zoning.
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