HomeMinnesotaPolk CountyFosston
Fosston, Minnesota: commercial real estate data.
Fosston is a Census city of 1,374 people across 2.01 square miles of land, in Polk County. Median household income is $52,500, 55.3 percent of occupied homes are owned, and the SBA record carries 18 7(a) approvals to borrowers here worth $5.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Fosston
What Fosston is
- Census place typecity
- Land area2.01 sq mi
- Water area0.13 sq mi
- Population per square mile of land683
- County holding the largest share of its areaPolk 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.
Fosston
How many people live in Fosston
- Population1,374
- Median age41.6 plus or minus 8.3
- Population under 18313 plus or minus 65
- Share under 1822.8 percent
- Population 65 and over403 plus or minus 88
- Share 65 and over29.3 percent
- Households604
- Family households306
- Share of households that are families50.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fosston
Income and work in Fosston
- Median household income$52,500
- Per capita income$28,204
- Civilian labor force602
- Employed542
- Unemployed60 plus or minus 35
- Unemployment rate10.0 percent plus or minus 5.6
- Adults 25 and over1,008
- Adults 25 and over with a high school diploma or higher84.4 percent
- Adults 25 and over with a bachelor degree or higher20.7 percent plus or minus 4.7
- Adults 25 and over with a graduate degree8.1 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fosston
Housing in Fosston
- Housing units643
- Occupied units604
- Vacant units39 plus or minus 26
- Vacancy rate6.1 percent plus or minus 4.0
- Owner occupied334
- Renter occupied270 plus or minus 56
- Ownership rate55.3 percent
- Median owner-occupied home value$151,700
- Median gross rent, monthly$790
- Annual rent as a share of median income18.1 percent plus or minus 4.5
- Single family units488
- Share single family75.9 percent
- Units in buildings of two or more127 plus or minus 43
- Share in buildings of two or more19.8 percent plus or minus 6.3
- Mobile homes28 plus or minus 23
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fosston
How Fosston gets to work
- Workers 16 and over who commute484
- Commuting under 15 minutes319
- Share commuting under 15 minutes65.9 percent
- Commuting 30 minutes or more89 plus or minus 51
- Share commuting 30 minutes or more18.4 percent plus or minus 10.1
- Drove alone74.3 percent
- Carpooled7.8 percent plus or minus 3.5
- Public transport0.4 percent plus or minus 0.8
- Walked7.0 percent plus or minus 4.2
- Worked from home5.7 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fosston
SBA loans in Fosston (7(a))
- Approvals18
- Gross approval$5,561,400
- Average approval$308,967
- Median approval$110,000
- Largest approval$1,400,000
- Jobs supported98
- Jobs per approval5.4
- Loans with a final outcome8
- Paid in full8
- Charged off0
- Median term72 months
- Share on real estate terms of 20 years or more11.1 percent
- Share to franchises5.6 percent
- Distinct lenders2
- Distinct industries by NAICS13
Counted by borrower city: approvals to borrowers whose address is in Fosston, in any county, FY2020 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fosston
SBA loans in Fosston (504)
- Approvals6
- Gross approval$3,155,000
- Average approval$525,833
- Median approval$202,000
- Largest approval$2,237,000
- Jobs supported32
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Fosston, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Polk County, not Fosston
Polk County context, not Fosston figures
- Establishments in Polk County733
- Covered employment, Polk County12,036
- Average annual pay, Polk County$54,723
- Housing units permitted, Polk County44
Every figure in this section is published for Polk County as a whole and is not a measurement of Fosston.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Fosston questions, answered from the record.
How many people live in Fosston, Minnesota?
1,374, in 604 households. Fosston city covers 2.01 square miles of land, which is 683 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Fosston in?
Polk 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 Fosston?
$52,500. The median owner-occupied home is valued at $151,700. Median gross rent is $790 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Fosston businesses?
18 7(a) approvals totaling $5.6 m since FY2020, across 2 lenders, median approval $110,000, plus 6 504 approvals worth $3.2 m since FY2010. These count approvals to borrowers whose address is in Fosston, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Fosston borrowers get paid back?
No rate is published for Fosston. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Fosston figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Polk 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 Fosston.
Is zoning published for Fosston?
No. Nothing on this page presents parcel level zoning.