HomeMinnesotaOtter Tail CountyNew York Mills city
New York Mills city, Minnesota: commercial real estate data.
New York Mills city is a Census city of 1,371 people across 1.48 square miles of land, in Otter Tail County. Median household income is $56,875, 58.6 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $3.2 m.
76 sourced place values · tier FULL · 8 sections
New York Mills
What New York Mills is
- Census place typecity
- Land area1.48 sq mi
- Water area0 sq mi
- Population per square mile of land924
- 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.
New York Mills
How many people live in New York Mills
- Population1,371
- Median age31.7
- Population under 18384
- Share under 1828.0 percent
- Population 65 and over289 plus or minus 66
- Share 65 and over21.1 percent
- Households572
- Family households308
- Share of households that are families53.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New York Mills
Income and work in New York Mills
- Median household income$56,875
- Per capita income$33,662 plus or minus $7,507
- Civilian labor force644
- Employed624
- Unemployed20 plus or minus 18
- Unemployment rate3.1 percent plus or minus 2.8
- Adults 25 and over838
- Adults 25 and over with a high school diploma or higher89.9 percent
- Adults 25 and over with a bachelor degree or higher16.8 percent plus or minus 4.9
- Adults 25 and over with a graduate degree3.1 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New York Mills
Housing in New York Mills
- Housing units627
- Occupied units572
- Vacant units55 plus or minus 34
- Vacancy rate8.8 percent plus or minus 5.3
- Owner occupied335
- Renter occupied237 plus or minus 58
- Ownership rate58.6 percent
- Median owner-occupied home value$166,300
- Median gross rent, monthly$727
- Annual rent as a share of median income15.3 percent plus or minus 3.4
- Single family units433
- Share single family69.1 percent
- Units in buildings of two or more176 plus or minus 53
- Share in buildings of two or more28.1 percent plus or minus 7.8
- Mobile homes18 plus or minus 17
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New York Mills
How New York Mills gets to work
- Workers 16 and over who commute579
- Commuting under 15 minutes277 plus or minus 68
- Share commuting under 15 minutes47.8 percent
- Commuting 30 minutes or more117 plus or minus 47
- Share commuting 30 minutes or more20.2 percent plus or minus 7.4
- Drove alone78.8 percent
- Carpooled5.2 percent plus or minus 2.7
- Public transport2.4 percent plus or minus 2.9
- Walked4.6 percent plus or minus 3.7
- Worked from home5.5 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New York Mills
SBA 7(a) lending to New York Mills borrowers
- Approvals13
- Gross approval$3,219,900
- Average approval$247,685
- Median approval$190,000
- Ninetieth percentile approval$578,600
- Largest approval$720,000
- Jobs supported142
- Jobs per approval10.9
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term96 months
- Share on real estate terms of 20 years or more7.7 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS10
A charge-off rate is not published here. only 5 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.
New York Mills
SBA 504 lending to New York Mills borrowers
- Approvals3
- Gross approval$674,000
- Average approval$224,667
- Median approval$216,000
- Largest approval$288,000
- Jobs supported18
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Otter Tail County, not New York Mills
Otter Tail County context, not New York Mills 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 New York Mills 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 New York Mills. 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
New York Mills questions, answered from the record.
How many people live in New York Mills, Minnesota?
1,371, in 572 households. New York Mills city covers 1.48 square miles of land, which is 924 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New York Mills 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 New York Mills?
$56,875. The median owner-occupied home is valued at $166,300. Median gross rent is $727 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New York Mills businesses?
13 7(a) approvals totalling $3.2 m, across 6 lenders, median approval $190,000, plus 3 504 approvals worth $674,000. These count approvals to borrowers whose address is in New York Mills, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New York Mills borrowers get paid back?
No rate is published for New York Mills. only 5 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 New York Mills 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 New York Mills.
Is zoning published for New York Mills?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.