HomeMinnesotaOtter Tail CountyParkers Prairie city
Parkers Prairie city, Minnesota: commercial real estate data.
Parkers Prairie city is a Census city of 980 people across 1.25 square miles of land, in Otter Tail County. Median household income is $57,578, 74.1 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $718,600.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Parkers Prairie
What Parkers Prairie is
- Census place typecity
- Land area1.25 sq mi
- Water area0.01 sq mi
- Population per square mile of land787
- 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.
Parkers Prairie
How many people live in Parkers Prairie
- Population980
- Median age46.2 plus or minus 10.4
- Population under 18209 plus or minus 53
- Share under 1821.3 percent plus or minus 4.8
- Population 65 and over331 plus or minus 67
- Share 65 and over33.8 percent
- Households401
- Family households238
- Share of households that are families59.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parkers Prairie
Income and work in Parkers Prairie
- Median household income$57,578
- Per capita income$30,547
- Civilian labor force405
- Employed394
- Unemployed11 plus or minus 12
- Unemployment rate2.7 percent plus or minus 2.9
- Adults 25 and over731
- Adults 25 and over with a high school diploma or higher91.8 percent
- Adults 25 and over with a bachelor degree or higher10.0 percent plus or minus 3.3
- Adults 25 and over with a graduate degree2.1 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parkers Prairie
Housing in Parkers Prairie
- Housing units432
- Occupied units401
- Vacant units31 plus or minus 21
- Vacancy rate7.2 percent plus or minus 4.8
- Owner occupied297
- Renter occupied104 plus or minus 28
- Ownership rate74.1 percent
- Median owner-occupied home value$168,500
- Median gross rent, monthly$769
- Annual rent as a share of median income16.0 percent
- Single family units352
- Share single family81.5 percent
- Units in buildings of two or more56 plus or minus 26
- Share in buildings of two or more13.0 percent plus or minus 5.8
- Mobile homes24 plus or minus 18
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parkers Prairie
How Parkers Prairie gets to work
- Workers 16 and over who commute352
- Commuting under 15 minutes130 plus or minus 32
- Share commuting under 15 minutes36.9 percent plus or minus 7.8
- Commuting 30 minutes or more121 plus or minus 28
- Share commuting 30 minutes or more34.4 percent
- Drove alone79.3 percent
- Carpooled8.0 percent plus or minus 4.7
- Public transport0.5 percent plus or minus 1.6
- Walked2.4 percent plus or minus 1.8
- Worked from home6.6 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parkers Prairie
SBA loans in Parkers Prairie (7(a))
- Approvals3
- Gross approval$718,600
- Average approval$239,533
- Median approval$60,000
- Ninetieth percentile approval$638,600
- Largest approval$638,600
- Jobs supported15
- Jobs per approval5.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
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.
Otter Tail County, not Parkers Prairie
Otter Tail County context, not Parkers Prairie 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 Parkers Prairie 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 Parkers Prairie. 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
Parkers Prairie questions, answered from the record.
How many people live in Parkers Prairie, Minnesota?
980, in 401 households. Parkers Prairie city covers 1.25 square miles of land, which is 787 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Parkers Prairie 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 Parkers Prairie?
$57,578. The median owner-occupied home is valued at $168,500. Median gross rent is $769 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Parkers Prairie businesses?
3 7(a) approvals totalling $718,600, across 3 lenders, median approval $60,000. These count approvals to borrowers whose address is in Parkers Prairie, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Parkers Prairie borrowers get paid back?
No rate is published for Parkers Prairie. 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 Parkers Prairie 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 Parkers Prairie.
Is zoning published for Parkers Prairie?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.