HomeMinnesotaStearns CountyCold Spring city
Cold Spring city, Minnesota: commercial real estate data.
Cold Spring city is a Census city of 4,249 people across 2.80 square miles of land, in Stearns County. Median household income is $72,228, 66.5 percent of occupied homes are owned, and the SBA record carries 21 7(a) approvals to borrowers here worth $10.8 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Cold Spring
What Cold Spring is
- Census place typecity
- Land area2.8 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,515
- County holding the largest share of its areaStearns 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.
Cold Spring
How many people live in Cold Spring
- Population4,249
- Median age38.5
- Population under 18918 plus or minus 241
- Share under 1821.6 percent plus or minus 5.7
- Population 65 and over847 plus or minus 204
- Share 65 and over19.9 percent plus or minus 4.8
- Households1,855
- Family households1,177
- Share of households that are families63.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cold Spring
Income and work in Cold Spring
- Median household income$72,228 plus or minus $19,414
- Per capita income$37,797
- Civilian labor force2,455
- Employed2,325
- Unemployed130 plus or minus 119
- Unemployment rate5.3 percent plus or minus 4.8
- Adults 25 and over2,823
- Adults 25 and over with a high school diploma or higher94.7 percent
- Adults 25 and over with a bachelor degree or higher31.0 percent plus or minus 8.8
- Adults 25 and over with a graduate degree7.2 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cold Spring
Housing in Cold Spring
- Housing units1,878
- Occupied units1,855
- Vacant units23 plus or minus 36
- Vacancy rate1.2 percent plus or minus 1.9
- Owner occupied1,234
- Renter occupied621 plus or minus 169
- Ownership rate66.5 percent
- Median owner-occupied home value$280,400
- Median gross rent, monthly$1,424 plus or minus $316
- Annual rent as a share of median income23.7 percent plus or minus 8.2
- Single family units1,319
- Share single family70.2 percent
- Units in buildings of two or more522 plus or minus 170
- Share in buildings of two or more27.8 percent plus or minus 8.8
- Mobile homes37 plus or minus 40
- Median year structure built1992
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cold Spring
How Cold Spring gets to work
- Workers 16 and over who commute2,070
- Commuting under 15 minutes701 plus or minus 222
- Share commuting under 15 minutes33.9 percent plus or minus 9.9
- Commuting 30 minutes or more779 plus or minus 302
- Share commuting 30 minutes or more37.6 percent plus or minus 13.8
- Drove alone78.6 percent
- Carpooled8.8 percent plus or minus 6.3
- Public transport0.1 percent plus or minus 0.3
- Walked3.0 percent plus or minus 4.6
- Worked from home8.4 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cold Spring
SBA loans in Cold Spring (7(a))
- Approvals21
- Gross approval$10,764,100
- Average approval$512,576
- Median approval$175,000
- Ninetieth percentile approval$995,100
- Largest approval$3,679,000
- Jobs supported161
- Jobs per approval7.7
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises4.8 percent
- Distinct lenders9
- Distinct industries by NAICS17
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.
Cold Spring
SBA loans in Cold Spring (504)
- Approvals13
- Gross approval$8,244,000
- Average approval$634,154
- Median approval$410,000
- Largest approval$3,094,000
- Jobs supported73
- Loans with a final outcome5
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Stearns County, not Cold Spring
Stearns County context, not Cold Spring figures
These are Stearns County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cold Spring measurements.
- Establishments in Stearns County4,474
- Employment at those establishments, Stearns County84,123
- Covered employment, Stearns County87,252
- Average annual pay, Stearns County$62,313
- Average weekly wage, Stearns County$1,198
- Housing units permitted, Stearns County572
- Of those, single family, Stearns County356
- County product, 2024, Stearns County$12,618,094,000
- County product change over the prior year, Stearns County7.3 percent
- Average income of an arriving household, Stearns County$56,619
Every figure in this section is published for Stearns County as a whole and is not a measurement of Cold Spring. 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
Cold Spring questions, answered from the record.
How many people live in Cold Spring, Minnesota?
4,249, in 1,855 households. Cold Spring city covers 2.80 square miles of land, which is 1,515 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cold Spring in?
Stearns 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 Cold Spring?
$72,228. The median owner-occupied home is valued at $280,400. Median gross rent is $1,424 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cold Spring businesses?
21 7(a) approvals totalling $10.8 m, across 9 lenders, median approval $175,000, plus 13 504 approvals worth $8.2 m. These count approvals to borrowers whose address is in Cold Spring, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cold Spring borrowers get paid back?
No rate is published for Cold Spring. 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 Cold Spring figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Stearns 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 Cold Spring.
Is zoning published for Cold Spring?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.