Mower County, Minnesota: commercial real estate data.
Mower County, Minnesota had an estimated 40,900 residents on July 1, 2024, up 2.2 percent since the 2020 census base of 40,035, across 711 square miles. County output reached $2.99 bn in 2024, 800 establishments operate here, and the SBA record carries 25 7(a) approvals worth $8.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Mower County
How many people live in Mower County
- Population, American Community Survey 2020-202440,343
- Households15,719
- Average household size2.57
- Median household income$73,074
- Median age39.2
- Median gross rent$927 per month
- Median owner-occupied home value$185,200
- Home value to household income2.5 times
- Annual rent as a share of median income15.2 percent
- Adults 25 and over with a bachelor degree or higher23.9 percent
- Adults 25 and over with a graduate degree8.3 percent
- Adults 25 and over26,756
- Population under 1810,284
- Share under 1825.5 percent
- Population 65 and over7,505
- Share 65 and over18.6 percent
- Working age population, 18 to 6422,554
- Civilian labor force20,008
- Unemployment rate3.9 percent
- Labor force participation, adults 18 and over66.6 percent
- Rank by population among Minnesota counties26th of 87
- Rank by population among US county-equivalents, Puerto Rico included1199th of 3,222
Mower County is the 26th largest of 87 Minnesota counties by population. A median home costs 2.5 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 25.5 percent against 18.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Mower County
Is Mower County's population growing?
- Population, July 1, 202440,900
- Census 2020 base population40,035
- Population change since the 2020 census base2.16 percent
- Population change, 2023 to 2024548
- Births, 2024483
- Deaths, 2024435
- Natural change, 202448
- Net domestic migration, 2024-19
- Net international migration, 2024519
- Total net migration, 2024500
- Cumulative net domestic migration, 2021 to 2024-734
- Rank by growth among US county-equivalents1117th of 3,144
The county has grown 2.16 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Mower County
Where are people moving to Mower County from?
- Tax returns filed by households arriving842
- People arriving, from those returns1,536
- Tax returns filed by households leaving956
- Net household movement-114
- Adjusted gross income arriving$42.0 m
- Net adjusted gross income movement$-14.7 m
- Average income of an arriving household$49,844
- Average income of a leaving household$59,315
- Largest single originOlmsted County (149 households)
- Largest single destinationOlmsted County (135 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Olmsted County | 149 | 252 | $8.1 m |
| Freeborn County | 60 | 108 | $3.0 m |
| Dodge County | 37 | 78 | $1.6 m |
| Steele County | 35 | 47 | $1.6 m |
| Fillmore County | 27 | 45 | $816,000 |
| Ramsey County | 26 | 47 | $1.3 m |
| Hennepin County | 23 | 40 | $1.3 m |
Households arriving report $9,471 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Olmsted County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Mower County
What is the Mower County economy?
- County GDP, 2024$2.99 bn
- County GDP, 2023$2.96 bn
- GDP change, 2023 to 20241.2 percent
- GDP change over five years37.3 percent
- Rank by GDP among the Minnesota areas BEA publishes19th of 87
- Rank by GDP among the US county areas BEA publishes981st of 3,127
- GDP per resident$74,237
Output grew 1.2 percent in the latest year and 37.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Mower County
Employment by industry in Mower County
- Covered employment, annual average16,932
- Establishments reporting900
- Average annual pay$61,042
- Average weekly wage$1,174
- Manufacturing, employment3,957
- Manufacturing, average annual pay$61,926
- Health care and social assistance, employment2,559
- Health care and social assistance, average annual pay$56,731
- Retail trade, employment1,740
- Retail trade, average annual pay$29,994
- Accommodation and food services, employment1,060
- Accommodation and food services, average annual pay$20,532
- Construction, employment575
- Transportation and warehousing, employment562
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 3,957 | 24 | $61,926 |
| Health care and social assistance | 2,559 | 147 | $56,731 |
| Retail trade | 1,740 | 110 | $29,994 |
| Accommodation and food services | 1,060 | 76 | $20,532 |
| Construction | 575 | 93 | $70,647 |
| Transportation and warehousing | 562 | 40 | $54,416 |
| Administrative and support and waste management services | 532 | 34 | $45,109 |
| Wholesale trade | 422 | 28 | $125,345 |
Manufacturing is the largest private sector at 3,957 jobs, 23.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Mower County
How many businesses are in Mower County?
- Establishments, all industries800
- Employment at those establishments13,890
- Annual payroll$729.5 m
- Establishments per 1,000 residents19.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Mower County
Building permits in Mower County
- Housing units authorized by permit, 202455
- Declared construction value permitted$17.1 m
- Single family units authorized55
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$311,040
- Units authorized per 1,000 households3.5
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Mower County
SBA loans in Mower County (7(a) and 504)
- 7(a) approvals recorded25
- 7(a) gross approval dollars$8.2 m
- Average 7(a) approval$326,372
- Median 7(a) approval$181,000
- 10th percentile approval$26,000
- 90th percentile approval$448,600
- Largest single approval$2,848,000
- Jobs reported supported, 7(a)199
- Jobs per approval8.0
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals17
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter18
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countSupport Activities for Animal Production (6)
- Most active lenderUnited Prairie Bank (5)
- 504 approvals recorded17
- 504 gross approval dollars$17.0 m
- Average 504 approval$1,000,471
- Median 504 approval$349,000
- Distinct CDCs active5
- 504 jobs per approval9.9
- 504 jobs per million dollars approved9.9
- Most active CDCSoutheastern Minnesota 504 Development Corporation (7)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$25.2 m
The average approval of $326,372 sits well above the median of $181,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 20.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Mower County
SBA loan default and charge-off rates in Mower County
Do SBA loans in Mower County get paid back?
- Loans with a final outcome recorded6
- Paid in full5
- Charged off1
- Status: Paid in full5
- Status: Exempt from disclosure17
- Status: Cancelled2
- Status: Charged off1
Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mower County
SBA lending by place in Mower County
- Borrower cities with recorded lending5
- Austin, approvals19
- Grand Meadow, approvals3
- Brownsdale, approvals1
- Durham, approvals1
- Lyle, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Austin | 19 | $7,482,700 |
| Grand Meadow | 3 | $92,500 |
| Brownsdale | 1 | $400,000 |
| Durham | 1 | $105,000 |
| Lyle | 1 | $79,100 |
Austin accounts for 19 approvals against 3 in Grand Meadow. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mower County
How large is Mower County?
- Land area711 sq mi
- Rank by land area among Minnesota counties40th of 87
- Width, east to west30.1 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary8
- Residents per square mile of land57
- Establishments per square mile1.13
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Mower County
Flood risk in Mower County
- Participation of the county's own NFIP community Mower County, unincorporated areasParticipating, community 270307
- Community Rating System class of the county's own communityClass 8
- Communities in the county in the NFIP Community Status Book10
- Of those, participating in the NFIP10
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class2
- Radon levels in Mower County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Mower County (community 270307), participates in the National Flood Insurance Program and carries Community Rating System class 8, a flood insurance premium discount for policies written there. The EPA places Mower County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Mower County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Mower County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202440,343
- Households15,719
- Average household size2.57
- Median household income$73,074
- Median age39.2
Common questions
Mower County questions, answered from the record.
How many people live in Mower County, Minnesota?
The Census Bureau estimates 40,900 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 40,343, in 15,719 households, ranking 26th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Mower County's population growing?
The population has grown 2.16 percent since the 2020 census base of 40,035, to 40,900 on July 1, 2024. In 2024 there were 483 births against 435 deaths, with net migration of 500. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Mower County?
$73,074. The median owner-occupied home is valued at $185,200, which is 2.5 times income, and median gross rent is $927 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Mower County?
800 establishments, employing 13,890 people with an annual payroll of $729.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Mower County?
Manufacturing is the largest private sector at 3,957 jobs, 23.4 percent of covered employment. Covered employment averages 16,932 jobs at an average annual pay of $61,042, or $1,174 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Mower County?
25 7(a) approvals totaling $8.2 m since FY2020, across 13 lenders, with a median approval of $181,000, plus 17 504 approvals worth $17.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Mower County?
55 housing units were authorized by permit in 2024, with a declared construction value of $17.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Mower County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Mower County come from?
The largest single origin is Olmsted County, with 149 households. Arriving households report an average income of $49,844 against $59,315 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Mower County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Mower County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Mower County
Cities and places in Mower.
15 Census places lie wholly or partly in Mower County. All 15 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Austin | city | 26,358 | 19 | Wholly in this county |
| Grand Meadow | city | 1,011 | 3 | Wholly in this county |
| Brownsdale | city | 850 | 1 | Wholly in this county |
| Le Roy | city | 803 | None recorded | Wholly in this county |
| Adams | city | 745 | None recorded | Wholly in this county |
| Lyle | city | 504 | 1 | Wholly in this county |
| Rose Creek | city | 429 | None recorded | Wholly in this county |
| Racine | city | 416 | None recorded | Wholly in this county |
| Dexter | city | 350 | None recorded | Wholly in this county |
| Waltham | city | 182 | None recorded | Wholly in this county |
| Lansing | CDP | 152 | None recorded | Wholly in this county |
| Mapleview | city | 110 | None recorded | Wholly in this county |
| Elkton | city | 94 | None recorded | Wholly in this county |
| Taopi | city | 51 | None recorded | Wholly in this county |
| Sargeant | city | 30 | None recorded | Wholly in this county |
A further 1 of the county's 25 SBA 7(a) approvals are to borrowers in cities that match no Census place in Mower County, the largest being Durham (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.