HomeMinnesotaMorrison CountyRoyalton city
Royalton city, Minnesota: commercial real estate data.
Royalton city is a Census city of 1,211 people across 2.01 square miles of land, lying across Morrison County and Benton County. Median household income is $55,156, 66.6 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $1.2 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Royalton
What Royalton is
- Census place typecity
- Land area2.01 sq mi
- Water area0 sq mi
- Population per square mile of land604
- County holding the largest share of its areaMorrison County, 83.5 percent
- Counties this place lies inMorrison County 83.5 percent, Benton County 16.5 percent
Royalton city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Royalton
How many people live in Royalton
- Population1,211
- Median age33.0
- Population under 18356 plus or minus 93
- Share under 1829.4 percent
- Population 65 and over189 plus or minus 44
- Share 65 and over15.6 percent
- Households503
- Family households255
- Share of households that are families50.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Royalton
Income and work in Royalton
- Median household income$55,156 plus or minus $16,595
- Per capita income$29,961
- Civilian labor force584
- Employed519
- Unemployed65 plus or minus 47
- Unemployment rate11.1 percent plus or minus 7.8
- Adults 25 and over716
- Adults 25 and over with a high school diploma or higher87.2 percent
- Adults 25 and over with a bachelor degree or higher16.3 percent plus or minus 5.1
- Adults 25 and over with a graduate degree4.5 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Royalton
Housing in Royalton
- Housing units534
- Occupied units503
- Vacant units31 plus or minus 30
- Vacancy rate5.8 percent plus or minus 5.5
- Owner occupied335
- Renter occupied168 plus or minus 60
- Ownership rate66.6 percent
- Median owner-occupied home value$215,300
- Median gross rent, monthly$600
- Annual rent as a share of median income13.1 percent plus or minus 4.0
- Single family units382
- Share single family71.5 percent plus or minus 16.7
- Units in buildings of two or more140 plus or minus 63
- Share in buildings of two or more26.2 percent plus or minus 10.9
- Mobile homes12 plus or minus 9
- Median year structure built1987
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Royalton
How Royalton gets to work
- Workers 16 and over who commute455
- Commuting under 15 minutes80 plus or minus 31
- Share commuting under 15 minutes17.6 percent plus or minus 6.2
- Commuting 30 minutes or more183 plus or minus 52
- Share commuting 30 minutes or more40.2 percent plus or minus 9.0
- Drove alone82.1 percent
- Carpooled6.5 percent plus or minus 3.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home10.6 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Royalton
SBA loans in Royalton (7(a))
- Approvals5
- Gross approval$1,166,100
- Average approval$233,220
- Median approval$250,000
- Ninetieth percentile approval$467,100
- Largest approval$467,100
- Jobs supported62
- Jobs per approval12.4
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 3 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.
Royalton
SBA loans in Royalton (504)
- Approvals4
- Gross approval$996,000
- Average approval$249,000
- Median approval$172,000
- Largest approval$593,000
- Jobs supported13
- 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.
Morrison County, not Royalton
Morrison County context, not Royalton figures
These are Morrison County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Royalton measurements.
- Establishments in Morrison County933
- Employment at those establishments, Morrison County8,532
- Covered employment, Morrison County11,175
- Average annual pay, Morrison County$47,270
- Average weekly wage, Morrison County$909
- Housing units permitted, Morrison County199
- Of those, single family, Morrison County120
- County product, 2024, Morrison County$1,500,674,000
- County product change over the prior year, Morrison County2.0 percent
- Average income of an arriving household, Morrison County$60,647
Every figure in this section is published for Morrison County as a whole and is not a measurement of Royalton. 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
Royalton questions, answered from the record.
How many people live in Royalton, Minnesota?
1,211, in 503 households. Royalton city covers 2.01 square miles of land, which is 604 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Royalton in?
Royalton lies in more than one. By area it is 83.5 percent in Morrison County, 16.5 percent in Benton County. This page sits under Morrison County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Royalton?
$55,156. The median owner-occupied home is valued at $215,300. Median gross rent is $600 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Royalton businesses?
5 7(a) approvals totalling $1.2 m, across 3 lenders, median approval $250,000, plus 4 504 approvals worth $996,000. These count approvals to borrowers whose address is in Royalton, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Royalton borrowers get paid back?
No rate is published for Royalton. only 3 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 Royalton figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morrison 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 Royalton.
Is zoning published for Royalton?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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