HomeMinnesotaOtter Tail CountyVergas city
Vergas city, Minnesota: commercial real estate data.
Vergas city is a Census city of 258 people across 1.57 square miles of land, in Otter Tail County. Median household income is $72,917, 70.5 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $722,300.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Vergas
What Vergas is
- Census place typecity
- Land area1.57 sq mi
- Water area0.04 sq mi
- Population per square mile of land165
- 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.
Vergas
How many people live in Vergas
- Population258
- Median age48.7
- Population under 1841 plus or minus 21
- Share under 1815.9 percent plus or minus 7.8
- Population 65 and over81 plus or minus 21
- Share 65 and over31.4 percent
- Households139
- Family households52 plus or minus 15
- Share of households that are families37.4 percent plus or minus 9.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Vergas
Income and work in Vergas
- Median household income$72,917 plus or minus $24,667
- Per capita income$61,074 plus or minus $19,232
- Civilian labor force124 plus or minus 28
- Employed122 plus or minus 28
- Unemployed2 plus or minus 3
- Unemployment rate1.6 percent plus or minus 2.4
- Adults 25 and over203
- Adults 25 and over with a high school diploma or higher94.1 percent
- Adults 25 and over with a bachelor degree or higher23.2 percent plus or minus 5.8
- Adults 25 and over with a graduate degree7.4 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Vergas
Housing in Vergas
- Housing units169
- Occupied units139
- Vacant units30 plus or minus 16
- Vacancy rate17.8 percent plus or minus 9.1
- Owner occupied98 plus or minus 20
- Renter occupied41 plus or minus 11
- Ownership rate70.5 percent
- Median owner-occupied home value$175,000 plus or minus $73,565
- Median gross rent, monthly$750
- Annual rent as a share of median income12.3 percent plus or minus 4.8
- Single family units126
- Share single family74.6 percent
- Units in buildings of two or more26 plus or minus 14
- Share in buildings of two or more15.4 percent plus or minus 7.7
- Mobile homes17 plus or minus 11
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Vergas
How Vergas gets to work
- Workers 16 and over who commute106 plus or minus 25
- Commuting under 15 minutes25 plus or minus 13
- Share commuting under 15 minutes23.6 percent plus or minus 10.6
- Commuting 30 minutes or more15 plus or minus 13
- Share commuting 30 minutes or more14.2 percent plus or minus 11.6
- Drove alone76.2 percent
- Carpooled6.6 percent plus or minus 4.7
- Public transport0.0 percent
- Walked4.1 percent plus or minus 4.8
- Worked from home13.1 percent plus or minus 7.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Vergas
SBA loans in Vergas (7(a))
- Approvals5
- Gross approval$722,300
- Average approval$144,460
- Median approval$106,300
- Ninetieth percentile approval$350,000
- Largest approval$350,000
- Jobs supported25
- Jobs per approval5.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 0 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 Vergas
Otter Tail County context, not Vergas 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 Vergas 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 Vergas. 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
Vergas questions, answered from the record.
How many people live in Vergas, Minnesota?
258, in 139 households. Vergas city covers 1.57 square miles of land, which is 165 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Vergas 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 Vergas?
$72,917. The median owner-occupied home is valued at $175,000. Median gross rent is $750 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Vergas businesses?
5 7(a) approvals totalling $722,300, across 4 lenders, median approval $106,300. These count approvals to borrowers whose address is in Vergas, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Vergas borrowers get paid back?
No rate is published for Vergas. only 0 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 Vergas 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 Vergas.
Is zoning published for Vergas?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.