HomeMinnesotaSt. Louis CountyHibbing city
Hibbing city, Minnesota: commercial real estate data.
Hibbing city is a Census city of 16,057 people across 182.03 square miles of land, in St. Louis County. Median household income is $55,789, 71.1 percent of occupied homes are owned, and the SBA record carries 17 7(a) approvals to borrowers here worth $5.5 m.
76 sourced place values · tier FULL · 8 sections
Hibbing
What Hibbing is
- Census place typecity
- Land area182.03 sq mi
- Water area4.43 sq mi
- Population per square mile of land88
- County holding the largest share of its areaSt. Louis 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.
Hibbing
How many people live in Hibbing
- Population16,057
- Median age45.7
- Population under 182,830
- Share under 1817.6 percent
- Population 65 and over3,743
- Share 65 and over23.3 percent
- Households7,760
- Family households3,836
- Share of households that are families49.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hibbing
Income and work in Hibbing
- Median household income$55,789
- Per capita income$34,424
- Civilian labor force7,845
- Employed7,350
- Unemployed495 plus or minus 270
- Unemployment rate6.3 percent plus or minus 3.4
- Adults 25 and over11,778
- Adults 25 and over with a high school diploma or higher91.3 percent
- Adults 25 and over with a bachelor degree or higher18.6 percent
- Adults 25 and over with a graduate degree5.7 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hibbing
Housing in Hibbing
- Housing units8,373
- Occupied units7,760
- Vacant units613 plus or minus 174
- Vacancy rate7.3 percent plus or minus 2.1
- Owner occupied5,515
- Renter occupied2,245
- Ownership rate71.1 percent
- Median owner-occupied home value$130,200
- Median gross rent, monthly$833
- Annual rent as a share of median income17.9 percent
- Single family units6,248
- Share single family74.6 percent
- Units in buildings of two or more1,939
- Share in buildings of two or more23.2 percent
- Mobile homes186 plus or minus 118
- Median year structure built1956
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hibbing
How Hibbing gets to work
- Workers 16 and over who commute6,632
- Commuting under 15 minutes3,834
- Share commuting under 15 minutes57.8 percent
- Commuting 30 minutes or more1,238 plus or minus 293
- Share commuting 30 minutes or more18.7 percent plus or minus 4.2
- Drove alone79.2 percent
- Carpooled9.5 percent plus or minus 3.0
- Public transport0.7 percent plus or minus 0.6
- Walked3.6 percent plus or minus 1.5
- Worked from home6.0 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hibbing
SBA 7(a) lending to Hibbing borrowers
- Approvals17
- Gross approval$5,477,700
- Average approval$322,218
- Median approval$52,300
- Ninetieth percentile approval$2,000,000
- Largest approval$2,101,900
- Jobs supported142
- Jobs per approval8.4
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more23.5 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS15
A charge-off rate is not published here. only 5 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.
Hibbing
SBA 504 lending to Hibbing borrowers
- Approvals2
- Gross approval$2,225,000
- Average approval$1,112,500
- Median approval$1,300,000
- Largest approval$1,300,000
- Jobs supported45
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
St. Louis County, not Hibbing
St. Louis County context, not Hibbing figures
These are St. Louis County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hibbing measurements.
- Establishments in St. Louis County5,360
- Employment at those establishments, St. Louis County84,223
- Covered employment, St. Louis County95,504
- Average annual pay, St. Louis County$60,452
- Average weekly wage, St. Louis County$1,163
- Housing units permitted, St. Louis County637
- Of those, single family, St. Louis County293
- County product, 2024, St. Louis County$13,873,687,000
- County product change over the prior year, St. Louis County1.6 percent
- Average income of an arriving household, St. Louis County$61,324
Every figure in this section is published for St. Louis County as a whole and is not a measurement of Hibbing. 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
Hibbing questions, answered from the record.
How many people live in Hibbing, Minnesota?
16,057, in 7,760 households. Hibbing city covers 182.03 square miles of land, which is 88 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hibbing in?
St. Louis 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 Hibbing?
$55,789. The median owner-occupied home is valued at $130,200. Median gross rent is $833 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hibbing businesses?
17 7(a) approvals totalling $5.5 m, across 7 lenders, median approval $52,300, plus 2 504 approvals worth $2.2 m. These count approvals to borrowers whose address is in Hibbing, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hibbing borrowers get paid back?
No rate is published for Hibbing. only 5 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 Hibbing figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for St. Louis 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 Hibbing.
Is zoning published for Hibbing?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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