HomeMinnesotaNicollet CountyNicollet
Nicollet, Minnesota: commercial real estate data.
Nicollet is a Census city of 957 people across 0.91 square miles of land, in Nicollet County. Median household income is $84,643, 65.7 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $958,400 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Nicollet
What Nicollet is
- Census place typecity
- Land area0.91 sq mi
- Water area0 sq mi
- Population per square mile of land1,055
- County holding the largest share of its areaNicollet 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.
Nicollet
How many people live in Nicollet
- Population957
- Median age32.8
- Population under 18218 plus or minus 60
- Share under 1822.8 percent plus or minus 5.0
- Population 65 and over118 plus or minus 33
- Share 65 and over12.3 percent plus or minus 2.7
- Households388
- Family households232
- Share of households that are families59.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicollet
Income and work in Nicollet
- Median household income$84,643
- Per capita income$42,738
- Civilian labor force605
- Employed593
- Unemployed12 plus or minus 16
- Unemployment rate2.0 percent plus or minus 2.6
- Adults 25 and over607
- Adults 25 and over with a high school diploma or higher92.3 percent
- Adults 25 and over with a bachelor degree or higher24.2 percent plus or minus 5.6
- Adults 25 and over with a graduate degree6.1 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicollet
Housing in Nicollet
- Housing units400
- Occupied units388
- Vacant units12 plus or minus 16
- Vacancy rate3.0 percent plus or minus 4.0
- Owner occupied255
- Renter occupied133 plus or minus 46
- Ownership rate65.7 percent
- Median owner-occupied home value$239,700
- Median gross rent, monthly$855
- Annual rent as a share of median income12.1 percent
- Single family units301
- Share single family75.3 percent
- Units in buildings of two or more86 plus or minus 31
- Share in buildings of two or more21.5 percent plus or minus 7.0
- Mobile homes13 plus or minus 15
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicollet
How Nicollet gets to work
- Workers 16 and over who commute507
- Commuting under 15 minutes132 plus or minus 53
- Share commuting under 15 minutes26.0 percent plus or minus 9.1
- Commuting 30 minutes or more71 plus or minus 32
- Share commuting 30 minutes or more14.0 percent plus or minus 5.7
- Drove alone77.9 percent
- Carpooled4.2 percent plus or minus 4.0
- Public transport0.0 percent
- Walked3.9 percent plus or minus 3.7
- Worked from home13.9 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicollet
SBA loans in Nicollet (7(a))
- Approvals6
- Gross approval$958,400
- Average approval$159,733
- Median approval$108,700
- Largest approval$475,000
- Jobs supported16
- Jobs per approval2.7
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Nicollet, in any county, FY2020 to FY2026. Only 2 loans have 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.
Nicollet
Flood risk in Nicollet
- NFIP communityCity of Nicollet
- NFIP community number270315
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date04/05/74
The City of Nicollet does not participate in the National Flood Insurance Program as community 270315 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.
Nicollet County, not Nicollet
Nicollet County context, not Nicollet figures
- Establishments in Nicollet County685
- Covered employment, Nicollet County14,609
- Average annual pay, Nicollet County$56,235
- Housing units permitted, Nicollet County106
Every figure in this section is published for Nicollet County as a whole and is not a measurement of Nicollet.
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
Nicollet questions, answered from the record.
How many people live in Nicollet, Minnesota?
957, in 388 households. Nicollet city covers 0.91 square miles of land, which is 1,055 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Nicollet in?
Nicollet 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 Nicollet?
$84,643. The median owner-occupied home is valued at $239,700. Median gross rent is $855 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Nicollet businesses?
6 7(a) approvals totaling $958,400 since FY2020, across 5 lenders, median approval $108,700. These count approvals to borrowers whose address is in Nicollet, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Nicollet borrowers get paid back?
No rate is published for Nicollet. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Nicollet in the National Flood Insurance Program?
No, it is listed but not participating. Nicollet appears in the FEMA Community Status Book as Nicollet, city of, community 270315, 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 Nicollet figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Nicollet 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 Nicollet.
Is zoning published for Nicollet?
No. Nothing on this page presents parcel level zoning.
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