HomeMinnesotaOtter Tail CountyFergus Falls city
Fergus Falls city, Minnesota: commercial real estate data.
Fergus Falls city is a Census city of 14,181 people across 14.39 square miles of land, in Otter Tail County. Median household income is $56,162, 64.1 percent of occupied homes are owned, and the SBA record carries 16 7(a) approvals to borrowers here worth $11.7 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Fergus Falls
What Fergus Falls is
- Census place typecity
- Land area14.39 sq mi
- Water area1.33 sq mi
- Population per square mile of land986
- County holding the largest share of its areaOtter Tail 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.
Fergus Falls
How many people live in Fergus Falls
- Population14,181
- Median age43.3
- Population under 182,781
- Share under 1819.6 percent
- Population 65 and over3,663
- Share 65 and over25.8 percent
- Households6,465
- Family households3,170
- Share of households that are families49.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fergus Falls
Income and work in Fergus Falls
- Median household income$56,162
- Per capita income$34,864
- Civilian labor force7,152
- Employed6,639
- Unemployed513 plus or minus 181
- Unemployment rate7.2 percent plus or minus 2.5
- Adults 25 and over10,255
- Adults 25 and over with a high school diploma or higher95.6 percent
- Adults 25 and over with a bachelor degree or higher29.3 percent
- Adults 25 and over with a graduate degree10.4 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fergus Falls
Housing in Fergus Falls
- Housing units7,072
- Occupied units6,465
- Vacant units607 plus or minus 255
- Vacancy rate8.6 percent plus or minus 3.6
- Owner occupied4,145
- Renter occupied2,320
- Ownership rate64.1 percent
- Median owner-occupied home value$194,000
- Median gross rent, monthly$911
- Annual rent as a share of median income19.5 percent
- Single family units4,553
- Share single family64.4 percent
- Units in buildings of two or more2,298
- Share in buildings of two or more32.5 percent
- Mobile homes212 plus or minus 120
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fergus Falls
How Fergus Falls gets to work
- Workers 16 and over who commute6,105
- Commuting under 15 minutes4,697
- Share commuting under 15 minutes76.9 percent
- Commuting 30 minutes or more751 plus or minus 237
- Share commuting 30 minutes or more12.3 percent plus or minus 3.8
- Drove alone74.2 percent
- Carpooled10.4 percent plus or minus 3.8
- Public transport2.7 percent plus or minus 1.6
- Walked3.9 percent plus or minus 2.3
- Worked from home7.3 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fergus Falls
SBA loans in Fergus Falls (7(a))
- Approvals16
- Gross approval$11,660,900
- Average approval$728,806
- Median approval$200,000
- Ninetieth percentile approval$3,605,000
- Largest approval$3,752,600
- Jobs supported303
- Jobs per approval18.9
- Loans with a final outcome3
- Paid in full2
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more18.8 percent
- Share to franchises37.5 percent
- Distinct lenders11
- Distinct industries by NAICS13
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.
Fergus Falls
SBA loans in Fergus Falls (504)
- Approvals18
- Gross approval$8,423,000
- Average approval$467,944
- Median approval$308,000
- Largest approval$1,053,000
- Jobs supported106
- Loans with a final outcome5
- Charged off1
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Otter Tail County, not Fergus Falls
Otter Tail County context, not Fergus Falls figures
These are Otter Tail County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Fergus Falls measurements.
- Establishments in Otter Tail County1,730
- Employment at those establishments, Otter Tail County18,813
- Covered employment, Otter Tail County22,910
- Average annual pay, Otter Tail County$52,013
- Average weekly wage, Otter Tail County$1,000
- Housing units permitted, Otter Tail County89
- Of those, single family, Otter Tail County71
- County product, 2024, Otter Tail County$3,284,943,000
- County product change over the prior year, Otter Tail County4.5 percent
- Average income of an arriving household, Otter Tail County$76,792
Every figure in this section is published for Otter Tail County as a whole and is not a measurement of Fergus Falls. 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
Fergus Falls questions, answered from the record.
How many people live in Fergus Falls, Minnesota?
14,181, in 6,465 households. Fergus Falls city covers 14.39 square miles of land, which is 986 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Fergus Falls in?
Otter Tail 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 Fergus Falls?
$56,162. The median owner-occupied home is valued at $194,000. Median gross rent is $911 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Fergus Falls businesses?
16 7(a) approvals totalling $11.7 m, across 11 lenders, median approval $200,000, plus 18 504 approvals worth $8.4 m. These count approvals to borrowers whose address is in Fergus Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Fergus Falls borrowers get paid back?
No rate is published for Fergus Falls. 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 Fergus Falls figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Otter Tail 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 Fergus Falls.
Is zoning published for Fergus Falls?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.