HomeMinnesotaRice CountyNorthfield
Northfield, Minnesota: commercial real estate data.
Northfield is a Census city of 20,742 people across 8.54 square miles of land, lying across Rice County and Dakota County. Median household income is $84,895, 69.3 percent of occupied homes are owned, and the SBA record carries 32 7(a) approvals to borrowers here worth $7.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Northfield
What Northfield is
- Census place typecity
- Land area8.54 sq mi
- Water area0.04 sq mi
- Population per square mile of land2,428
- County holding the largest share of its areaRice County, 81.8 percent
- Counties this place lies inRice County 81.8 percent, Dakota County 18.2 percent
Northfield crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Northfield
How many people live in Northfield
- Population20,742
- Median age28.2
- Population under 183,574
- Share under 1817.2 percent
- Population 65 and over3,353
- Share 65 and over16.2 percent
- Households6,380
- Family households3,959
- Share of households that are families62.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Northfield
Income and work in Northfield
- Median household income$84,895
- Per capita income$36,703
- Civilian labor force11,203
- Employed10,656
- Unemployed547 plus or minus 223
- Unemployment rate4.9 percent plus or minus 2.0
- Adults 25 and over10,864
- Adults 25 and over with a high school diploma or higher96.6 percent
- Adults 25 and over with a bachelor degree or higher53.3 percent
- Adults 25 and over with a graduate degree26.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Northfield
Housing in Northfield
- Housing units6,771
- Occupied units6,380
- Vacant units391 plus or minus 159
- Vacancy rate5.8 percent plus or minus 2.3
- Owner occupied4,424
- Renter occupied1,956
- Ownership rate69.3 percent
- Median owner-occupied home value$329,400
- Median gross rent, monthly$1,103
- Annual rent as a share of median income15.6 percent
- Single family units4,334
- Share single family64.0 percent
- Units in buildings of two or more2,123
- Share in buildings of two or more31.4 percent
- Mobile homes314 plus or minus 171
- Median year structure built1986
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Northfield
How Northfield gets to work
- Workers 16 and over who commute8,631
- Commuting under 15 minutes4,884
- Share commuting under 15 minutes56.6 percent
- Commuting 30 minutes or more2,126
- Share commuting 30 minutes or more24.6 percent
- Drove alone54.9 percent
- Carpooled4.9 percent plus or minus 1.5
- Public transport0.6 percent plus or minus 0.7
- Walked20.7 percent
- Worked from home16.2 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Northfield
SBA loans in Northfield (7(a))
- Approvals32
- Gross approval$7,372,600
- Average approval$230,394
- Median approval$130,500
- Ninetieth percentile approval$462,700
- Largest approval$2,139,000
- Jobs supported171
- Jobs per approval5.3
- Loans with a final outcome5
- Paid in full4
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more6.3 percent
- Share to franchises6.3 percent
- Distinct lenders13
- Distinct industries by NAICS22
Counted by borrower city: approvals to borrowers whose address is in Northfield, in any county, FY2020 to FY2026. Only 5 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.
Northfield
SBA loans in Northfield (504)
- Approvals16
- Gross approval$8,348,000
- Average approval$521,750
- Median approval$318,000
- Largest approval$1,490,000
- Jobs supported169
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Northfield, in any county, FY2010 to FY2026. Only 4 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.
Northfield
Flood risk in Northfield
- NFIP communityCity of Northfield
- NFIP community number270406
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/03/12
The City of Northfield participates in the National Flood Insurance Program as community 270406 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Rice County, not Northfield
Rice County context, not Northfield figures
- Establishments in Rice County1,600
- Covered employment, Rice County26,196
- Average annual pay, Rice County$60,604
- Housing units permitted, Rice County96
Every figure in this section is published for Rice County as a whole and is not a measurement of Northfield.
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
Northfield questions, answered from the record.
How many people live in Northfield, Minnesota?
20,742, in 6,380 households. Northfield city covers 8.54 square miles of land, which is 2,428 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Northfield in?
Northfield lies in more than one. By area it is 81.8 percent in Rice County, 18.2 percent in Dakota County. This page sits under Rice County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Northfield?
$84,895. The median owner-occupied home is valued at $329,400. Median gross rent is $1,103 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Northfield businesses?
32 7(a) approvals totaling $7.4 m since FY2020, across 13 lenders, median approval $130,500, plus 16 504 approvals worth $8.3 m since FY2010. These count approvals to borrowers whose address is in Northfield, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Northfield borrowers get paid back?
No rate is published for Northfield. Only 5 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.
Is Northfield in the National Flood Insurance Program?
Yes. Northfield appears in the FEMA Community Status Book as Northfield, city of, community 270406, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Northfield figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Rice 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 Northfield.
Is zoning published for Northfield?
No. Nothing on this page presents parcel level zoning.
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