HomeMinnesotaSherburne CountyBig Lake city
Big Lake city, Minnesota: commercial real estate data.
Big Lake city is a Census city of 12,367 people across 7.23 square miles of land, in Sherburne County. Median household income is $120,549, 86.9 percent of occupied homes are owned, and the SBA record carries 37 7(a) approvals to borrowers here worth $12.6 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Big Lake
What Big Lake is
- Census place typecity
- Land area7.23 sq mi
- Water area0.93 sq mi
- Population per square mile of land1,710
- County holding the largest share of its areaSherburne 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.
Big Lake
How many people live in Big Lake
- Population12,367
- Median age32.5
- Population under 183,531
- Share under 1828.6 percent
- Population 65 and over706 plus or minus 155
- Share 65 and over5.7 percent plus or minus 1.2
- Households4,036
- Family households3,191
- Share of households that are families79.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Lake
Income and work in Big Lake
- Median household income$120,549
- Per capita income$42,522
- Civilian labor force7,486
- Employed7,248
- Unemployed238 plus or minus 109
- Unemployment rate3.2 percent plus or minus 1.4
- Adults 25 and over7,399
- Adults 25 and over with a high school diploma or higher94.9 percent
- Adults 25 and over with a bachelor degree or higher26.8 percent
- Adults 25 and over with a graduate degree8.0 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Lake
Housing in Big Lake
- Housing units4,162
- Occupied units4,036
- Vacant units126 plus or minus 142
- Vacancy rate3.0 percent plus or minus 3.4
- Owner occupied3,507
- Renter occupied529 plus or minus 164
- Ownership rate86.9 percent
- Median owner-occupied home value$330,200
- Median gross rent, monthly$1,340
- Annual rent as a share of median income13.3 percent
- Single family units3,748
- Share single family90.1 percent
- Units in buildings of two or more305 plus or minus 110
- Share in buildings of two or more7.3 percent plus or minus 2.6
- Mobile homes109 plus or minus 92
- Median year structure built2000
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Lake
How Big Lake gets to work
- Workers 16 and over who commute6,458
- Commuting under 15 minutes1,148 plus or minus 287
- Share commuting under 15 minutes17.8 percent plus or minus 4.3
- Commuting 30 minutes or more3,944
- Share commuting 30 minutes or more61.1 percent
- Drove alone74.9 percent
- Carpooled13.0 percent plus or minus 6.0
- Public transport1.1 percent plus or minus 1.2
- Walked0.2 percent plus or minus 0.3
- Worked from home9.6 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Lake
SBA loans in Big Lake (7(a))
- Approvals37
- Gross approval$12,587,000
- Average approval$340,189
- Median approval$200,000
- Ninetieth percentile approval$909,000
- Largest approval$2,100,000
- Jobs supported344
- Jobs per approval9.3
- Loans with a final outcome8
- Paid in full8
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.2 percent
- Share to franchises2.7 percent
- Distinct lenders21
- Distinct industries by NAICS27
A charge-off rate is not published here. only 8 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.
Big Lake
SBA loans in Big Lake (504)
- Approvals25
- Gross approval$15,263,000
- Average approval$610,520
- Median approval$384,000
- Largest approval$4,027,000
- Jobs supported180
- Loans with a final outcome7
- Charged off2
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Sherburne County, not Big Lake
Sherburne County context, not Big Lake figures
These are Sherburne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Big Lake measurements.
- Establishments in Sherburne County2,251
- Employment at those establishments, Sherburne County24,222
- Covered employment, Sherburne County28,090
- Average annual pay, Sherburne County$57,774
- Average weekly wage, Sherburne County$1,111
- Housing units permitted, Sherburne County334
- Of those, single family, Sherburne County268
- County product, 2024, Sherburne County$4,896,742,000
- County product change over the prior year, Sherburne County5.1 percent
- Average income of an arriving household, Sherburne County$62,572
Every figure in this section is published for Sherburne County as a whole and is not a measurement of Big Lake. 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
Big Lake questions, answered from the record.
How many people live in Big Lake, Minnesota?
12,367, in 4,036 households. Big Lake city covers 7.23 square miles of land, which is 1,710 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Big Lake in?
Sherburne 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 Big Lake?
$120,549. The median owner-occupied home is valued at $330,200. Median gross rent is $1,340 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Big Lake businesses?
37 7(a) approvals totalling $12.6 m, across 21 lenders, median approval $200,000, plus 25 504 approvals worth $15.3 m. These count approvals to borrowers whose address is in Big Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Big Lake borrowers get paid back?
No rate is published for Big Lake. only 8 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 Big Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sherburne 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 Big Lake.
Is zoning published for Big Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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