HomeMinnesotaMarshall CountyAlvarado city
Alvarado city, Minnesota: commercial real estate data.
Alvarado city is a Census city of 317 people across 0.21 square miles of land, in Marshall County. Median household income is $66,964, 71.1 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $9,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Alvarado
What Alvarado is
- Census place typecity
- Land area0.21 sq mi
- Water area0 sq mi
- Population per square mile of land1,518 plus or minus 354
- County holding the largest share of its areaMarshall 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.
Alvarado
How many people live in Alvarado
- Population317 plus or minus 74
- Median age31.7
- Population under 1891 plus or minus 23
- Share under 1828.7 percent
- Population 65 and over40 plus or minus 16
- Share 65 and over12.6 percent plus or minus 4.0
- Households121 plus or minus 34
- Family households72 plus or minus 20
- Share of households that are families59.5 percent plus or minus 23.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alvarado
Income and work in Alvarado
- Median household income$66,964
- Per capita income$34,000
- Civilian labor force183 plus or minus 49
- Employed170 plus or minus 45
- Unemployed13 plus or minus 15
- Unemployment rate7.1 percent plus or minus 8.0
- Adults 25 and over195 plus or minus 48
- Adults 25 and over with a high school diploma or higher84.1 percent plus or minus 27.4
- Adults 25 and over with a bachelor degree or higher21.0 percent plus or minus 7.8
- Adults 25 and over with a graduate degree6.2 percent plus or minus 6.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alvarado
Housing in Alvarado
- Housing units148 plus or minus 33
- Occupied units121 plus or minus 34
- Vacant units27 plus or minus 16
- Vacancy rate18.2 percent plus or minus 10.0
- Owner occupied86 plus or minus 20
- Renter occupied35 plus or minus 22
- Ownership rate71.1 percent plus or minus 25.9
- Median owner-occupied home value$133,300 plus or minus $30,716
- Median gross rent, monthly$1,075 plus or minus $797
- Annual rent as a share of median income19.3 percent plus or minus 14.6
- Single family units84 plus or minus 22
- Share single family56.8 percent
- Units in buildings of two or more31 plus or minus 21
- Share in buildings of two or more20.9 percent plus or minus 13.4
- Mobile homes33 plus or minus 17
- Median year structure built1973
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alvarado
How Alvarado gets to work
- Workers 16 and over who commute150 plus or minus 38
- Commuting under 15 minutes34 plus or minus 13
- Share commuting under 15 minutes22.7 percent plus or minus 6.2
- Commuting 30 minutes or more73 plus or minus 28
- Share commuting 30 minutes or more48.7 percent plus or minus 13.9
- Drove alone88.2 percent
- Carpooled9.8 percent plus or minus 6.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home2.0 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alvarado
SBA loans in Alvarado (7(a))
- Approvals1
- Gross approval$9,000
- Average approval$9,000
- Median approval$9,000
- Ninetieth percentile approval$9,000
- Largest approval$9,000
- Jobs supported3
- Jobs per approval3.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term48 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 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.
Marshall County, not Alvarado
Marshall County context, not Alvarado figures
These are Marshall County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Alvarado measurements.
- Establishments in Marshall County259
- Employment at those establishments, Marshall County1,525
- Covered employment, Marshall County2,435
- Average annual pay, Marshall County$56,634
- Average weekly wage, Marshall County$1,089
- Housing units permitted, Marshall County2
- Of those, single family, Marshall County2
- County product, 2024, Marshall County$439,386,000
- County product change over the prior year, Marshall County-16.4 percent
- Average income of an arriving household, Marshall County$49,556
Every figure in this section is published for Marshall County as a whole and is not a measurement of Alvarado. 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
Alvarado questions, answered from the record.
How many people live in Alvarado, Minnesota?
317, in 121 households. Alvarado city covers 0.21 square miles of land, which is 1,518 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Alvarado in?
Marshall 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 Alvarado?
$66,964. The median owner-occupied home is valued at $133,300. Median gross rent is $1,075 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Alvarado businesses?
1 7(a) approvals totalling $9,000, across 1 lenders, median approval $9,000. These count approvals to borrowers whose address is in Alvarado, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Alvarado borrowers get paid back?
No rate is published for Alvarado. 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 Alvarado figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Marshall 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 Alvarado.
Is zoning published for Alvarado?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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