HomeMinnesotaStearns CountyWaite Park
Waite Park, Minnesota: commercial real estate data.
Waite Park is a Census city of 8,399 people across 12.63 square miles of land, in Stearns County. Median household income is $59,285, 51.3 percent of occupied homes are owned, and the SBA record carries 39 7(a) approvals to borrowers here worth $20.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Waite Park
What Waite Park is
- Census place typecity
- Land area12.63 sq mi
- Water area0.08 sq mi
- Population per square mile of land665
- 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.
Waite Park
How many people live in Waite Park
- Population8,399
- Median age38.1
- Population under 182,200
- Share under 1826.2 percent
- Population 65 and over1,523
- Share 65 and over18.1 percent
- Households3,559
- Family households1,795
- Share of households that are families50.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waite Park
Income and work in Waite Park
- Median household income$59,285
- Per capita income$29,293
- Civilian labor force4,246
- Employed3,927
- Unemployed319 plus or minus 171
- Unemployment rate7.5 percent plus or minus 4.0
- Adults 25 and over5,446
- Adults 25 and over with a high school diploma or higher82.4 percent
- Adults 25 and over with a bachelor degree or higher20.1 percent plus or minus 4.3
- Adults 25 and over with a graduate degree5.9 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waite Park
Housing in Waite Park
- Housing units3,688
- Occupied units3,559
- Vacant units129 plus or minus 109
- Vacancy rate3.5 percent plus or minus 2.9
- Owner occupied1,826
- Renter occupied1,733
- Ownership rate51.3 percent
- Median owner-occupied home value$219,400
- Median gross rent, monthly$1,117
- Annual rent as a share of median income22.6 percent plus or minus 4.7
- Single family units1,886
- Share single family51.1 percent
- Units in buildings of two or more1,589 plus or minus 358
- Share in buildings of two or more43.1 percent plus or minus 9.1
- Mobile homes213 plus or minus 105
- Median year structure built1992
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waite Park
How Waite Park gets to work
- Workers 16 and over who commute3,623
- Commuting under 15 minutes1,455 plus or minus 342
- Share commuting under 15 minutes40.2 percent
- Commuting 30 minutes or more766 plus or minus 239
- Share commuting 30 minutes or more21.1 percent plus or minus 5.9
- Drove alone80.2 percent
- Carpooled7.0 percent plus or minus 3.7
- Public transport1.9 percent plus or minus 2.0
- Walked3.5 percent plus or minus 4.1
- Worked from home5.8 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waite Park
SBA loans in Waite Park (7(a))
- Approvals39
- Gross approval$20,460,200
- Average approval$524,621
- Median approval$229,000
- Ninetieth percentile approval$1,300,200
- Largest approval$3,422,100
- Jobs supported803
- Jobs per approval20.6
- Loans with a final outcome11
- Paid in full11
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.4 percent
- Share to franchises7.7 percent
- Distinct lenders11
- Distinct industries by NAICS23
Counted by borrower city: approvals to borrowers whose address is in Waite Park, in any county, FY2020 to FY2026. Only 11 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.
Waite Park
SBA loans in Waite Park (504)
- Approvals25
- Gross approval$13,025,000
- Average approval$521,000
- Median approval$483,000
- Largest approval$1,347,000
- Jobs supported173
- Loans with a final outcome6
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Waite Park, in any county, FY2010 to FY2026. Only 6 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.
Waite Park
Flood risk in Waite Park
- NFIP communityCity of Waite Park
- NFIP community number270461
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/16/12
The City of Waite Park participates in the National Flood Insurance Program as community 270461 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.
Stearns County, not Waite Park
Stearns County context, not Waite Park figures
- Establishments in Stearns County4,474
- Covered employment, Stearns County87,252
- Average annual pay, Stearns County$62,313
- Housing units permitted, Stearns County572
Every figure in this section is published for Stearns County as a whole and is not a measurement of Waite Park.
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
Waite Park questions, answered from the record.
How many people live in Waite Park, Minnesota?
8,399, in 3,559 households. Waite Park city covers 12.63 square miles of land, which is 665 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Waite Park 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 Waite Park?
$59,285. The median owner-occupied home is valued at $219,400. Median gross rent is $1,117 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Waite Park businesses?
39 7(a) approvals totaling $20.5 m since FY2020, across 11 lenders, median approval $229,000, plus 25 504 approvals worth $13.0 m since FY2010. These count approvals to borrowers whose address is in Waite Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Waite Park borrowers get paid back?
No rate is published for Waite Park. Only 11 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 Waite Park in the National Flood Insurance Program?
Yes. Waite Park appears in the FEMA Community Status Book as Waite Park, city of, community 270461, 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 Waite Park figures?
No, and they are labeled 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 Waite Park.
Is zoning published for Waite Park?
No. Nothing on this page presents parcel level zoning.