HomeMinnesotaLake CountyFinland CDP
Finland CDP, Minnesota: commercial real estate data.
Finland CDP is a Census CDP of 257 people across 6.72 square miles of land, in Lake County. Median household income is $53,500, 85.7 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $204,000.
76 sourced place values · tier FULL · 8 sections
Finland
What Finland is
- Census place typeCDP
- Land area6.72 sq mi
- Water area0.02 sq mi
- Population per square mile of land38 plus or minus 9
- County holding the largest share of its areaLake 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.
Finland
How many people live in Finland
- Population257 plus or minus 61
- Median age54.8
- Population under 1820 plus or minus 14
- Share under 187.8 percent plus or minus 5.2
- Population 65 and over69 plus or minus 26
- Share 65 and over26.8 percent plus or minus 7.9
- Households154 plus or minus 46
- Family households85 plus or minus 27
- Share of households that are families55.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Finland
Income and work in Finland
- Median household income$53,500 plus or minus $43,827
- Per capita income$34,279 plus or minus $7,380
- Civilian labor force107 plus or minus 38
- Employed96 plus or minus 32
- Unemployed11 plus or minus 16
- Unemployment rate10.3 percent plus or minus 14.5
- Adults 25 and over227 plus or minus 56
- Adults 25 and over with a high school diploma or higher90.7 percent
- Adults 25 and over with a bachelor degree or higher13.7 percent plus or minus 9.4
- Adults 25 and over with a graduate degree6.2 percent plus or minus 8.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Finland
Housing in Finland
- Housing units187 plus or minus 46
- Occupied units154 plus or minus 46
- Vacant units33 plus or minus 23
- Vacancy rate17.6 percent plus or minus 11.5
- Owner occupied132 plus or minus 46
- Renter occupied22 plus or minus 20
- Ownership rate85.7 percent
- Median owner-occupied home value$181,700 plus or minus $105,664
- Median gross rent, monthly$679
- Annual rent as a share of median income15.2 percent plus or minus 12.5
- Single family units167 plus or minus 45
- Share single family89.3 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes20 plus or minus 19
- Median year structure built1967
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Finland
How Finland gets to work
- Workers 16 and over who commute78 plus or minus 30
- Commuting under 15 minutes5 plus or minus 12
- Share commuting under 15 minutes6.4 percent plus or minus 15.0
- Commuting 30 minutes or more47 plus or minus 26
- Share commuting 30 minutes or more60.3 percent plus or minus 24.0
- Drove alone76.6 percent plus or minus 18.4
- Carpooled6.4 percent plus or minus 6.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home17.0 percent plus or minus 13.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Finland
SBA 7(a) lending to Finland borrowers
- Approvals1
- Gross approval$204,000
- Average approval$204,000
- Median approval$204,000
- Ninetieth percentile approval$204,000
- Largest approval$204,000
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term198 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 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.
Finland
SBA 504 lending to Finland borrowers
- Approvals1
- Gross approval$120,000
- Average approval$120,000
- Median approval$120,000
- Largest approval$120,000
- Jobs supported3
- 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.
Lake County, not Finland
Lake County context, not Finland figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Finland measurements.
- Establishments in Lake County340
- Employment at those establishments, Lake County3,213
- Covered employment, Lake County3,902
- Average annual pay, Lake County$54,467
- Average weekly wage, Lake County$1,047
- Housing units permitted, Lake County75
- Of those, single family, Lake County75
- County product, 2024, Lake County$564,711,000
- County product change over the prior year, Lake County-15.4 percent
- Average income of an arriving household, Lake County$67,278
Every figure in this section is published for Lake County as a whole and is not a measurement of Finland. 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
Finland questions, answered from the record.
How many people live in Finland, Minnesota?
257, in 154 households. Finland CDP covers 6.72 square miles of land, which is 38 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Finland in?
Lake 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 Finland?
$53,500. The median owner-occupied home is valued at $181,700. Median gross rent is $679 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Finland businesses?
1 7(a) approvals totalling $204,000, across 1 lenders, median approval $204,000, plus 1 504 approvals worth $120,000. These count approvals to borrowers whose address is in Finland, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Finland borrowers get paid back?
No rate is published for Finland. only 0 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 Finland figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake 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 Finland.
Is zoning published for Finland?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby