HomeMinnesotaMarshall CountyAlvarado
Alvarado, Minnesota: commercial real estate data.
Alvarado 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 since FY2020.
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
- 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
Counted by borrower city: approvals to borrowers whose address is in Alvarado, in any county, FY2020 to FY2026. Only 1 loan has 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.
Alvarado
Flood risk in Alvarado
- NFIP communityCity of Alvarado
- NFIP community number270267
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/23/21
The City of Alvarado participates in the National Flood Insurance Program as community 270267 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.
Marshall County, not Alvarado
Marshall County context, not Alvarado figures
- Establishments in Marshall County259
- Covered employment, Marshall County2,435
- Average annual pay, Marshall County$56,634
- Housing units permitted, Marshall County2
Every figure in this section is published for Marshall County as a whole and is not a measurement of Alvarado.
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
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 totaling $9,000 since FY2020, 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 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Alvarado in the National Flood Insurance Program?
Yes. Alvarado appears in the FEMA Community Status Book as Alvarado, city of, community 270267, 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 Alvarado figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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