HomeMinnesotaLincoln CountyHendricks city
Hendricks city, Minnesota: commercial real estate data.
Hendricks city is a Census city of 517 people across 0.97 square miles of land, in Lincoln County. Median household income is $51,250, 76.9 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $250,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hendricks
What Hendricks is
- Census place typecity
- Land area0.97 sq mi
- Water area0 sq mi
- Population per square mile of land533
- County holding the largest share of its areaLincoln 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.
Hendricks
How many people live in Hendricks
- Population517
- Median age61.1
- Population under 1844 plus or minus 14
- Share under 188.5 percent plus or minus 2.4
- Population 65 and over210 plus or minus 54
- Share 65 and over40.6 percent plus or minus 8.6
- Households281
- Family households148
- Share of households that are families52.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hendricks
Income and work in Hendricks
- Median household income$51,250
- Per capita income$39,724
- Civilian labor force238
- Employed237
- Unemployed1 plus or minus 3
- Unemployment rate0.4 percent plus or minus 1.3
- Adults 25 and over435
- Adults 25 and over with a high school diploma or higher92.0 percent
- Adults 25 and over with a bachelor degree or higher33.1 percent plus or minus 9.6
- Adults 25 and over with a graduate degree12.9 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hendricks
Housing in Hendricks
- Housing units366
- Occupied units281
- Vacant units85 plus or minus 40
- Vacancy rate23.2 percent plus or minus 10.5
- Owner occupied216
- Renter occupied65 plus or minus 20
- Ownership rate76.9 percent
- Median owner-occupied home value$115,500
- Median gross rent, monthly$775 plus or minus $239
- Annual rent as a share of median income18.1 percent plus or minus 6.5
- Single family units305
- Share single family83.3 percent
- Units in buildings of two or more61 plus or minus 29
- Share in buildings of two or more16.7 percent plus or minus 7.6
- Mobile homes0
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hendricks
How Hendricks gets to work
- Workers 16 and over who commute220
- Commuting under 15 minutes146 plus or minus 31
- Share commuting under 15 minutes66.4 percent
- Commuting 30 minutes or more46 plus or minus 22
- Share commuting 30 minutes or more20.9 percent plus or minus 9.0
- Drove alone74.7 percent
- Carpooled6.3 percent plus or minus 5.4
- Public transport0.0 percent
- Walked9.7 percent plus or minus 6.1
- Worked from home7.2 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hendricks
SBA loans in Hendricks (7(a))
- Approvals2
- Gross approval$250,000
- Average approval$125,000
- Median approval$150,000
- Ninetieth percentile approval$150,000
- Largest approval$150,000
- Jobs supported11
- Jobs per approval5.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 1 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.
Lincoln County, not Hendricks
Lincoln County context, not Hendricks figures
These are Lincoln County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hendricks measurements.
- Establishments in Lincoln County183
- Employment at those establishments, Lincoln County1,176
- Covered employment, Lincoln County1,684
- Average annual pay, Lincoln County$45,358
- Average weekly wage, Lincoln County$872
- Housing units permitted, Lincoln County16
- Of those, single family, Lincoln County16
- County product, 2024, Lincoln County$588,323,000
- County product change over the prior year, Lincoln County-3.8 percent
- Average income of an arriving household, Lincoln County$48,461
Every figure in this section is published for Lincoln County as a whole and is not a measurement of Hendricks. 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
Hendricks questions, answered from the record.
How many people live in Hendricks, Minnesota?
517, in 281 households. Hendricks city covers 0.97 square miles of land, which is 533 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hendricks in?
Lincoln 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 Hendricks?
$51,250. The median owner-occupied home is valued at $115,500. Median gross rent is $775 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hendricks businesses?
2 7(a) approvals totalling $250,000, across 2 lenders, median approval $150,000. These count approvals to borrowers whose address is in Hendricks, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hendricks borrowers get paid back?
No rate is published for Hendricks. only 1 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 Hendricks figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lincoln 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 Hendricks.
Is zoning published for Hendricks?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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