HomeMinnesotaNicollet CountyNicollet city
Nicollet city, Minnesota: commercial real estate data.
Nicollet city 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.
66 sourced place values · tier FULL · 7 sections
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 7(a) lending to Nicollet borrowers
- Approvals6
- Gross approval$958,400
- Average approval$159,733
- Median approval$122,400
- Ninetieth percentile approval$475,000
- 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
A charge-off rate is not published here. only 2 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.
Nicollet County, not Nicollet
Nicollet County context, not Nicollet figures
These are Nicollet County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Nicollet measurements.
- Establishments in Nicollet County685
- Employment at those establishments, Nicollet County13,540
- Covered employment, Nicollet County14,609
- Average annual pay, Nicollet County$56,235
- Average weekly wage, Nicollet County$1,081
- Housing units permitted, Nicollet County106
- Of those, single family, Nicollet County42
- County product, 2024, Nicollet County$1,982,707,000
- County product change over the prior year, Nicollet County3.7 percent
- Average income of an arriving household, Nicollet County$56,684
Every figure in this section is published for Nicollet County as a whole and is not a measurement of Nicollet. 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
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 totalling $958,400, across 5 lenders, median approval $122,400. 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 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 Nicollet figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby