HomeMinnesotaMille Lacs CountyWahkon city
Wahkon city, Minnesota: commercial real estate data.
Wahkon city is a Census city of 258 people across 0.96 square miles of land, in Mille Lacs County. Median household income is $51,750, 79.7 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $446,300.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Wahkon
What Wahkon is
- Census place typecity
- Land area0.96 sq mi
- Water area0.01 sq mi
- Population per square mile of land270
- County holding the largest share of its areaMille Lacs 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.
Wahkon
How many people live in Wahkon
- Population258
- Median age53.5
- Population under 1864 plus or minus 29
- Share under 1824.8 percent plus or minus 10.2
- Population 65 and over66 plus or minus 19
- Share 65 and over25.6 percent plus or minus 5.7
- Households123 plus or minus 28
- Family households65 plus or minus 15
- Share of households that are families52.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wahkon
Income and work in Wahkon
- Median household income$51,750
- Per capita income$27,660 plus or minus $5,898
- Civilian labor force95 plus or minus 27
- Employed88 plus or minus 25
- Unemployed7 plus or minus 7
- Unemployment rate7.4 percent plus or minus 7.1
- Adults 25 and over188
- Adults 25 and over with a high school diploma or higher93.6 percent
- Adults 25 and over with a bachelor degree or higher13.8 percent plus or minus 7.9
- Adults 25 and over with a graduate degree7.4 percent plus or minus 6.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wahkon
Housing in Wahkon
- Housing units204
- Occupied units123 plus or minus 28
- Vacant units81
- Vacancy rate39.7 percent
- Owner occupied98 plus or minus 20
- Renter occupied25 plus or minus 17
- Ownership rate79.7 percent plus or minus 24.4
- Median owner-occupied home value$235,700 plus or minus $78,024
- Median gross rent, monthly$856
- Annual rent as a share of median income19.8 percent plus or minus 4.4
- Single family units160
- Share single family78.4 percent
- Units in buildings of two or more18 plus or minus 18
- Share in buildings of two or more8.8 percent plus or minus 8.6
- Mobile homes26 plus or minus 11
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wahkon
How Wahkon gets to work
- Workers 16 and over who commute71 plus or minus 22
- Commuting under 15 minutes30 plus or minus 13
- Share commuting under 15 minutes42.3 percent plus or minus 12.2
- Commuting 30 minutes or more24 plus or minus 19
- Share commuting 30 minutes or more33.8 percent plus or minus 24.5
- Drove alone65.1 percent
- Carpooled14.0 percent plus or minus 9.6
- Public transport0.0 percent
- Walked3.5 percent plus or minus 3.3
- Worked from home17.4 percent plus or minus 10.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wahkon
SBA loans in Wahkon (7(a))
- Approvals2
- Gross approval$446,300
- Average approval$223,150
- Median approval$261,300
- Ninetieth percentile approval$261,300
- Largest approval$261,300
- Jobs supported4
- Jobs per approval2.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 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.
Mille Lacs County, not Wahkon
Mille Lacs County context, not Wahkon figures
These are Mille Lacs County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Wahkon measurements.
- Establishments in Mille Lacs County742
- Employment at those establishments, Mille Lacs County8,011
- Covered employment, Mille Lacs County9,372
- Average annual pay, Mille Lacs County$47,582
- Average weekly wage, Mille Lacs County$915
- Housing units permitted, Mille Lacs County162
- Of those, single family, Mille Lacs County82
- County product, 2024, Mille Lacs County$1,159,849,000
- County product change over the prior year, Mille Lacs County7.8 percent
- Average income of an arriving household, Mille Lacs County$62,873
Every figure in this section is published for Mille Lacs County as a whole and is not a measurement of Wahkon. 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
Wahkon questions, answered from the record.
How many people live in Wahkon, Minnesota?
258, in 123 households. Wahkon city covers 0.96 square miles of land, which is 270 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wahkon in?
Mille Lacs 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 Wahkon?
$51,750. The median owner-occupied home is valued at $235,700. Median gross rent is $856 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wahkon businesses?
2 7(a) approvals totalling $446,300, across 2 lenders, median approval $261,300. These count approvals to borrowers whose address is in Wahkon, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wahkon borrowers get paid back?
No rate is published for Wahkon. 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 Wahkon figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mille Lacs 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 Wahkon.
Is zoning published for Wahkon?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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