HomeMinnesotaOtter Tail CountyPelican Rapids city
Pelican Rapids city, Minnesota: commercial real estate data.
Pelican Rapids city is a Census city of 2,586 people across 2.58 square miles of land, in Otter Tail County. Median household income is $63,917, 63.9 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $2.3 m.
64 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Pelican Rapids
What Pelican Rapids is
- Census place typecity
- Land area2.58 sq mi
- Water area0.13 sq mi
- Population per square mile of land1,001
- 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.
Pelican Rapids
How many people live in Pelican Rapids
- Population2,586
- Median age38.6
- Population under 18680
- Share under 1826.3 percent
- Population 65 and over444 plus or minus 114
- Share 65 and over17.2 percent plus or minus 4.4
- Households931
- Family households594
- Share of households that are families63.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pelican Rapids
Income and work in Pelican Rapids
- Median household income$63,917 plus or minus $15,419
- Per capita income$27,494
- Civilian labor force1,136
- Employed1,085
- Unemployed51 plus or minus 47
- Unemployment rate4.5 percent plus or minus 4.1
- Adults 25 and over1,715
- Adults 25 and over with a high school diploma or higher76.2 percent
- Adults 25 and over with a bachelor degree or higher19.3 percent plus or minus 7.2
- Adults 25 and over with a graduate degree7.8 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pelican Rapids
Housing in Pelican Rapids
- Housing units1,042
- Occupied units931
- Vacant units111 plus or minus 74
- Vacancy rate10.7 percent plus or minus 7.0
- Owner occupied595
- Renter occupied336 plus or minus 120
- Ownership rate63.9 percent
- Median owner-occupied home value$174,100
- Single family units711
- Share single family68.2 percent
- Units in buildings of two or more276 plus or minus 92
- Share in buildings of two or more26.5 percent plus or minus 8.2
- Mobile homes55 plus or minus 42
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pelican Rapids
How Pelican Rapids gets to work
- Workers 16 and over who commute979
- Commuting under 15 minutes578 plus or minus 122
- Share commuting under 15 minutes59.0 percent
- Commuting 30 minutes or more301 plus or minus 109
- Share commuting 30 minutes or more30.7 percent plus or minus 10.5
- Drove alone73.8 percent
- Carpooled4.9 percent plus or minus 3.8
- Public transport0.0 percent
- Walked8.1 percent plus or minus 4.5
- Worked from home8.6 percent plus or minus 7.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pelican Rapids
SBA loans in Pelican Rapids (7(a))
- Approvals6
- Gross approval$2,337,200
- Average approval$389,533
- Median approval$250,000
- Ninetieth percentile approval$984,000
- Largest approval$984,000
- Jobs supported48
- Jobs per approval8.0
- Loans with a final outcome2
- Paid in full1
- Charged off1
- Median term115 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises16.7 percent
- Distinct lenders5
- Distinct industries by NAICS5
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 Pelican Rapids
Otter Tail County context, not Pelican Rapids 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 Pelican Rapids 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 Pelican Rapids. 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.
- No median gross rent is published for this place.
- 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
Pelican Rapids questions, answered from the record.
How many people live in Pelican Rapids, Minnesota?
2,586, in 931 households. Pelican Rapids city covers 2.58 square miles of land, which is 1,001 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Pelican Rapids 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 Pelican Rapids?
$63,917. The median owner-occupied home is valued at $174,100. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Pelican Rapids businesses?
6 7(a) approvals totalling $2.3 m, across 5 lenders, median approval $250,000. These count approvals to borrowers whose address is in Pelican Rapids, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Pelican Rapids borrowers get paid back?
No rate is published for Pelican Rapids. 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 Pelican Rapids 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 Pelican Rapids.
Is zoning published for Pelican Rapids?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.