Renville County, Minnesota: commercial real estate data.
Renville County, Minnesota had an estimated 14,453 residents on July 1, 2024, down 1.8 percent since the 2020 census base of 14,716, across 983 square miles. County output reached $1.19 bn in 2024, 474 establishments operate here, and the SBA record carries 6 7(a) approvals worth $7.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Renville County
How many people live in Renville County
- Population, American Community Survey 2020-202414,558
- Households6,056
- Average household size2.40
- Median household income$70,625
- Median age42.3
- Median gross rent$790 per month
- Median owner-occupied home value$163,200
- Home value to household income2.3 times
- Annual rent as a share of median income13.4 percent
- Adults 25 and over with a bachelor degree or higher18.1 percent
- Adults 25 and over with a graduate degree3.4 percent
- Adults 25 and over10,176
- Population under 183,392
- Share under 1823.3 percent
- Population 65 and over3,229
- Share 65 and over22.2 percent
- Working age population, 18 to 647,937
- Civilian labor force7,263
- Unemployment rate2.5 percent
- Labor force participation, adults 18 and over65.0 percent
- Rank by population among Minnesota counties57th of 87
- Rank by population among US county-equivalents, Puerto Rico included2183rd of 3,222
Renville County is the 57th largest of 87 Minnesota counties by population. A median home costs 2.3 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.3 percent against 22.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Renville County
Is Renville County's population growing?
- Population, July 1, 202414,453
- Census 2020 base population14,716
- Population change since the 2020 census base-1.79 percent
- Population change, 2023 to 2024-56
- Births, 2024180
- Deaths, 2024190
- Natural change, 2024-10
- Net domestic migration, 2024-68
- Net international migration, 202422
- Total net migration, 2024-46
- Cumulative net domestic migration, 2021 to 2024-226
- Rank by growth among US county-equivalents2445th of 3,144
The county has lost 1.79 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Renville County
Where are people moving to Renville County from?
- Tax returns filed by households arriving358
- People arriving, from those returns618
- Tax returns filed by households leaving354
- Net household movement4
- Adjusted gross income arriving$17.3 m
- Net adjusted gross income movement$-945,000
- Average income of an arriving household$48,215
- Average income of a leaving household$51,429
- Largest single originMcLeod County (48 households)
- Largest single destinationKandiyohi County (43 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| McLeod County | 48 | 87 | $2.3 m |
| Kandiyohi County | 26 | 46 | $830,000 |
| Redwood County | 24 | 40 | $1.7 m |
| Hennepin County | 20 | 29 | $1.1 m |
Households arriving report $3,214 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is McLeod County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Renville County
What is the Renville County economy?
- County GDP, 2024$1.19 bn
- County GDP, 2023$1.10 bn
- GDP change, 2023 to 20248.5 percent
- GDP change over five years56.2 percent
- Rank by GDP among the Minnesota areas BEA publishes47th of 87
- Rank by GDP among the US county areas BEA publishes1700th of 3,127
- GDP per resident$81,743
Output grew 8.5 percent in the latest year and 56.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Renville County
Employment by industry in Renville County
- Covered employment, annual average5,483
- Establishments reporting594
- Average annual pay$55,239
- Average weekly wage$1,062
- Manufacturing, employment1,019
- Manufacturing, average annual pay$80,209
- Transportation and warehousing, employment400
- Transportation and warehousing, average annual pay$61,720
- Retail trade, employment349
- Retail trade, average annual pay$28,336
- Accommodation and food services, employment162
- Accommodation and food services, average annual pay$13,748
- Construction, employment150
- Finance and insurance, employment144
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,019 | 19 | $80,209 |
| Transportation and warehousing | 400 | 51 | $61,720 |
| Retail trade | 349 | 58 | $28,336 |
| Accommodation and food services | 162 | 25 | $13,748 |
| Construction | 150 | 58 | $56,966 |
| Finance and insurance | 144 | 36 | $69,470 |
| Professional, scientific and technical services | 131 | 25 | $73,688 |
| Other services, except public administration | 107 | 44 | $38,270 |
Manufacturing is the largest private sector at 1,019 jobs, 18.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Renville County
How many businesses are in Renville County?
- Establishments, all industries474
- Employment at those establishments4,140
- Annual payroll$237.1 m
- Establishments per 1,000 residents32.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Renville County
Building permits in Renville County
- Housing units authorized by permit, 202421
- Declared construction value permitted$7.3 m
- Single family units authorized21
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$347,008
- Units authorized per 1,000 households3.5
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Renville County
SBA loans in Renville County (7(a) and 504)
- 7(a) approvals recorded6
- 7(a) gross approval dollars$7.4 m
- Average 7(a) approval$1,233,317
- Median 7(a) approval$189,500
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)270
- Jobs per approval45.0
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals6
- Median 7(a) term102 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter6
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded14
- 504 gross approval dollars$7.5 m
- Average 504 approval$534,214
- Median 504 approval$315,000
- Distinct CDCs active2
- 504 jobs per approval4.6
- 504 jobs per million dollars approved8.6
- Most active CDCMidwest Business Finance Corporation (12)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$14.9 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Renville County
SBA loan default and charge-off rates in Renville County
Do SBA loans in Renville County get paid back?
- Loans with a final outcome recorded4
- Paid in full4
- Charged off0
- Status: Paid in full4
- Status: Exempt from disclosure2
Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Renville County
SBA lending by place in Renville County
- Borrower cities with recorded lending3
- Hector, approvals3
- Buffalo Lake, approvals2
- Fairfax, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Hector | 3 | $2,050,900 |
| Buffalo Lake | 2 | $5,100,000 |
| Fairfax | 1 | $249,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Renville County
How large is Renville County?
- Land area983 sq mi
- Rank by land area among Minnesota counties22nd of 87
- Width, east to west48.4 mi
- Height, north to south30.1 mi
- Geographies sharing a boundary9
- Residents per square mile of land15
- Establishments per square mile0.48
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Renville County
Flood risk in Renville County
- Participation of the county's own NFIP community Renville County, unincorporated areasParticipating, community 270634
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP5
- NFIP participation rate83.3 percent
- Communities carrying a CRS class0
- Radon levels in Renville County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Renville County (community 270634), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Renville County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 83.3 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Renville County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Renville County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202414,558
- Households6,056
- Average household size2.40
- Median household income$70,625
- Median age42.3
Common questions
Renville County questions, answered from the record.
How many people live in Renville County, Minnesota?
The Census Bureau estimates 14,453 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 14,558, in 6,056 households, ranking 57th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Renville County's population growing?
The population has fallen 1.79 percent since the 2020 census base of 14,716, to 14,453 on July 1, 2024. In 2024 there were 180 births against 190 deaths, with net migration of -46. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Renville County?
$70,625. The median owner-occupied home is valued at $163,200, which is 2.3 times income, and median gross rent is $790 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Renville County?
474 establishments, employing 4,140 people with an annual payroll of $237.1 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Renville County?
Manufacturing is the largest private sector at 1,019 jobs, 18.6 percent of covered employment. Covered employment averages 5,483 jobs at an average annual pay of $55,239, or $1,062 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Renville County?
6 7(a) approvals totaling $7.4 m since FY2020, across 5 lenders, with a median approval of $189,500, plus 14 504 approvals worth $7.5 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Renville County?
21 housing units were authorized by permit in 2024, with a declared construction value of $7.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Renville County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Renville County come from?
The largest single origin is McLeod County, with 48 households. Arriving households report an average income of $48,215 against $51,429 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Renville County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Renville County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Renville County
Cities and places in Renville.
10 Census places lie wholly or partly in Renville County. All 10 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Olivia | city | 2,205 | None recorded | Wholly in this county |
| Renville | city | 1,503 | None recorded | Wholly in this county |
| Hector | city | 1,130 | 3 | Wholly in this county |
| Fairfax | city | 1,088 | 1 | Wholly in this county |
| Bird Island | city | 930 | None recorded | Wholly in this county |
| Buffalo Lake | city | 635 | 2 | Wholly in this county |
| Franklin | city | 526 | None recorded | Wholly in this county |
| Sacred Heart | city | 481 | None recorded | Wholly in this county |
| Danube | city | 472 | None recorded | Wholly in this county |
| Morton | city | 384 | None recorded | Wholly in this county |