Wabasha County, Minnesota: commercial real estate data.
Wabasha County, Minnesota had an estimated 21,574 residents on July 1, 2024, up 0.9 percent since the 2020 census base of 21,375, across 523 square miles. County output reached $1.09 bn in 2024, 556 establishments operate here, and the SBA record carries 8 7(a) approvals worth $1.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wabasha County
How many people live in Wabasha County
- Population, American Community Survey 2020-202421,565
- Households9,156
- Average household size2.36
- Median household income$82,007
- Median age45.2
- Median gross rent$830 per month
- Median owner-occupied home value$264,400
- Home value to household income3.2 times
- Annual rent as a share of median income12.1 percent
- Adults 25 and over with a bachelor degree or higher26.5 percent
- Adults 25 and over with a graduate degree8.9 percent
- Adults 25 and over15,546
- Population under 184,706
- Share under 1821.8 percent
- Population 65 and over5,033
- Share 65 and over23.3 percent
- Working age population, 18 to 6411,826
- Civilian labor force11,404
- Unemployment rate2.2 percent
- Labor force participation, adults 18 and over67.6 percent
- Rank by population among Minnesota counties46th of 87
- Rank by population among US county-equivalents, Puerto Rico included1790th of 3,222
Wabasha County is the 46th largest of 87 Minnesota counties by population. A median home costs 3.2 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 23.3 percent against 21.8 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wabasha County
Is Wabasha County's population growing?
- Population, July 1, 202421,574
- Census 2020 base population21,375
- Population change since the 2020 census base0.93 percent
- Population change, 2023 to 2024-111
- Births, 2024218
- Deaths, 2024246
- Natural change, 2024-28
- Net domestic migration, 2024-102
- Net international migration, 202420
- Total net migration, 2024-82
- Cumulative net domestic migration, 2021 to 2024142
- Rank by growth among US county-equivalents1504th of 3,144
The county has grown 0.93 percent since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wabasha County
Where are people moving to Wabasha County from?
- Tax returns filed by households arriving551
- People arriving, from those returns943
- Tax returns filed by households leaving551
- Net household movement0
- Adjusted gross income arriving$34.7 m
- Net adjusted gross income movement$3.0 m
- Average income of an arriving household$63,064
- Average income of a leaving household$57,702
- Largest single originOlmsted County (165 households)
- Largest single destinationOlmsted County (139 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Olmsted County | 165 | 260 | $9.6 m |
| Goodhue County | 88 | 165 | $5.4 m |
| Winona County | 25 | 40 | $1.3 m |
| Hennepin County | 24 | 36 | $2.7 m |
| Dakota County | 20 | 33 | $1.9 m |
Households arriving report $5,362 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Olmsted County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Wabasha County
What is the Wabasha County economy?
- County GDP, 2024$1.09 bn
- County GDP, 2023$986.2 m
- GDP change, 2023 to 202411.0 percent
- GDP change over five years34.8 percent
- Rank by GDP among the Minnesota areas BEA publishes50th of 87
- Rank by GDP among the US county areas BEA publishes1765th of 3,127
- GDP per resident$50,743
Output grew 11.0 percent in the latest year and 34.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Wabasha County
Employment by industry in Wabasha County
- Covered employment, annual average6,566
- Establishments reporting608
- Average annual pay$47,637
- Average weekly wage$916
- Manufacturing, employment1,266
- Manufacturing, average annual pay$61,810
- Retail trade, employment709
- Retail trade, average annual pay$28,832
- Accommodation and food services, employment564
- Accommodation and food services, average annual pay$17,254
- Transportation and warehousing, employment335
- Transportation and warehousing, average annual pay$69,778
- Finance and insurance, employment158
- Construction, employment156
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,266 | 27 | $61,810 |
| Retail trade | 709 | 64 | $28,832 |
| Accommodation and food services | 564 | 64 | $17,254 |
| Transportation and warehousing | 335 | 39 | $69,778 |
| Finance and insurance | 158 | 22 | $74,998 |
| Construction | 156 | 81 | $51,912 |
| Other services, except public administration | 154 | 50 | $25,409 |
| Arts, entertainment and recreation | 134 | 14 | $22,907 |
Manufacturing is the largest private sector at 1,266 jobs, 19.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Wabasha County
How many businesses are in Wabasha County?
- Establishments, all industries556
- Employment at those establishments5,125
- Annual payroll$234.3 m
- Establishments per 1,000 residents25.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Wabasha County
Building permits in Wabasha County
- Housing units authorized by permit, 202464
- Declared construction value permitted$15.6 m
- Single family units authorized58
- Multifamily units authorized6
- Multifamily share of units9.4 percent
- Average declared value per unit$243,990
- Units authorized per 1,000 households7.0
Single-family homes are 90.6 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Wabasha County
SBA loans in Wabasha County (7(a) and 504)
- 7(a) approvals recorded8
- 7(a) gross approval dollars$1.4 m
- Average 7(a) approval$178,688
- Median 7(a) approval$77,500
- Largest single approval$637,500
- Jobs reported supported, 7(a)67
- Jobs per approval8.4
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter8
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded22
- 504 gross approval dollars$9.7 m
- Average 504 approval$438,727
- Median 504 approval$281,500
- Distinct CDCs active5
- 504 jobs per approval6.9
- 504 jobs per million dollars approved15.6
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$11.1 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wabasha County
SBA loan default and charge-off rates in Wabasha County
Do SBA loans in Wabasha County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Committed, not yet disbursed1
- Status: Exempt from disclosure3
- Status: Cancelled2
Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wabasha County
SBA lending by place in Wabasha County
- Borrower cities with recorded lending3
- Plainview, approvals4
- Lake City, approvals3
- Altura, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Plainview | 4 | $742,500 |
| Lake City | 3 | $337,000 |
| Altura | 1 | $350,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wabasha County
How large is Wabasha County?
- Land area523 sq mi
- Rank by land area among Minnesota counties65th of 87
- Width, east to west34.1 mi
- Height, north to south24 mi
- Geographies sharing a boundary5
- Residents per square mile of land41
- Establishments per square mile1.06
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Wabasha County
Flood risk in Wabasha County
- Participation of the county's own NFIP community Wabasha County, unincorporated areasParticipating, community 270483
- Communities in the county in the NFIP Community Status Book12
- Of those, participating in the NFIP9
- NFIP participation rate75.0 percent
- Communities carrying a CRS class0
- Radon levels in Wabasha County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Wabasha County (community 270483), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Wabasha County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 75.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Wabasha County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Wabasha County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202421,565
- Households9,156
- Average household size2.36
- Median household income$82,007
- Median age45.2
Common questions
Wabasha County questions, answered from the record.
How many people live in Wabasha County, Minnesota?
The Census Bureau estimates 21,574 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 21,565, in 9,156 households, ranking 46th of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wabasha County's population growing?
The population has grown 0.93 percent since the 2020 census base of 21,375, to 21,574 on July 1, 2024. In 2024 there were 218 births against 246 deaths, with net migration of -82. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wabasha County?
$82,007. The median owner-occupied home is valued at $264,400, which is 3.2 times income, and median gross rent is $830 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Wabasha County?
556 establishments, employing 5,125 people with an annual payroll of $234.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Wabasha County?
Manufacturing is the largest private sector at 1,266 jobs, 19.3 percent of covered employment. Covered employment averages 6,566 jobs at an average annual pay of $47,637, or $916 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wabasha County?
8 7(a) approvals totaling $1.4 m since FY2020, across 6 lenders, with a median approval of $77,500, plus 22 504 approvals worth $9.7 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Wabasha County?
64 housing units were authorized by permit in 2024, with a declared construction value of $15.6 m. Multifamily was 9.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wabasha County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Wabasha County come from?
The largest single origin is Olmsted County, with 165 households. Arriving households report an average income of $63,064 against $57,702 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Wabasha County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Wabasha County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Wabasha County
Cities and places in Wabasha.
11 Census places lie wholly or partly in Wabasha County. All 11 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Lake City | city | 5,034 | 3 | 81.2 percent here, 18.8 percent Goodhue County |
| Plainview | city | 3,500 | 4 | Wholly in this county |
| Wabasha | city | 2,587 | None recorded | Wholly in this county |
| Elgin | city | 1,116 | None recorded | Wholly in this county |
| Mazeppa | city | 1,004 | None recorded | Wholly in this county |
| Kellogg | city | 513 | None recorded | Wholly in this county |
| Millville | city | 247 | None recorded | Wholly in this county |
| Bellechester | city | 227 | None recorded | 20.4 percent here, 79.6 percent Goodhue County |
| Zumbro Falls | city | 157 | None recorded | Wholly in this county |
| Hammond | city | 134 | None recorded | Wholly in this county |
| Minneiska | city | 111 | None recorded | 75.1 percent here, 24.9 percent Winona County |
A further 1 of the county's 8 SBA 7(a) approvals are to borrowers in cities that match no Census place in Wabasha County, the largest being Altura (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby