HomeMinnesotaWright CountyHoward Lake city
Howard Lake city, Minnesota: commercial real estate data.
Howard Lake city is a Census city of 1,832 people across 1.85 square miles of land, in Wright County. Median household income is $92,188, 72.0 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $3.1 m.
76 sourced place values · tier FULL · 8 sections
Howard Lake
What Howard Lake is
- Census place typecity
- Land area1.85 sq mi
- Water area0.06 sq mi
- Population per square mile of land989
- County holding the largest share of its areaWright 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.
Howard Lake
How many people live in Howard Lake
- Population1,832
- Median age48.4
- Population under 18336 plus or minus 82
- Share under 1818.3 percent
- Population 65 and over491 plus or minus 137
- Share 65 and over26.8 percent plus or minus 6.0
- Households815
- Family households582 plus or minus 156
- Share of households that are families71.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Howard Lake
Income and work in Howard Lake
- Median household income$92,188 plus or minus $30,024
- Per capita income$44,807
- Civilian labor force940 plus or minus 208
- Employed927 plus or minus 208
- Unemployed13 plus or minus 12
- Unemployment rate1.4 percent plus or minus 1.2
- Adults 25 and over1,411
- Adults 25 and over with a high school diploma or higher94.3 percent plus or minus 25.3
- Adults 25 and over with a bachelor degree or higher23.1 percent plus or minus 5.1
- Adults 25 and over with a graduate degree4.4 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Howard Lake
Housing in Howard Lake
- Housing units915
- Occupied units815
- Vacant units100 plus or minus 59
- Vacancy rate10.9 percent plus or minus 6.2
- Owner occupied587 plus or minus 145
- Renter occupied228 plus or minus 67
- Ownership rate72.0 percent
- Median owner-occupied home value$273,600
- Median gross rent, monthly$911
- Annual rent as a share of median income11.9 percent plus or minus 4.0
- Single family units696 plus or minus 141
- Share single family76.1 percent
- Units in buildings of two or more201 plus or minus 73
- Share in buildings of two or more22.0 percent plus or minus 7.2
- Mobile homes18 plus or minus 23
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Howard Lake
How Howard Lake gets to work
- Workers 16 and over who commute694 plus or minus 139
- Commuting under 15 minutes181 plus or minus 68
- Share commuting under 15 minutes26.1 percent plus or minus 8.3
- Commuting 30 minutes or more407 plus or minus 141
- Share commuting 30 minutes or more58.6 percent plus or minus 16.5
- Drove alone72.9 percent
- Carpooled6.7 percent plus or minus 5.5
- Public transport0.3 percent plus or minus 0.6
- Walked0.0 percent
- Worked from home20.0 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Howard Lake
SBA 7(a) lending to Howard Lake borrowers
- Approvals5
- Gross approval$3,146,600
- Average approval$629,320
- Median approval$270,000
- Ninetieth percentile approval$2,091,000
- Largest approval$2,091,000
- Jobs supported28
- Jobs per approval5.6
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises20.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 2 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.
Howard Lake
SBA 504 lending to Howard Lake borrowers
- Approvals14
- Gross approval$7,000,000
- Average approval$500,000
- Median approval$453,000
- Largest approval$2,075,000
- Jobs supported58
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wright County, not Howard Lake
Wright County context, not Howard Lake figures
These are Wright County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Howard Lake measurements.
- Establishments in Wright County3,680
- Employment at those establishments, Wright County42,944
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Average weekly wage, Wright County$1,077
- Housing units permitted, Wright County1,264
- Of those, single family, Wright County1,032
- County product, 2024, Wright County$7,314,179,000
- County product change over the prior year, Wright County6.5 percent
- Average income of an arriving household, Wright County$79,885
Every figure in this section is published for Wright County as a whole and is not a measurement of Howard 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
Howard Lake questions, answered from the record.
How many people live in Howard Lake, Minnesota?
1,832, in 815 households. Howard Lake city covers 1.85 square miles of land, which is 989 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Howard Lake in?
Wright 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 Howard Lake?
$92,188. The median owner-occupied home is valued at $273,600. Median gross rent is $911 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Howard Lake businesses?
5 7(a) approvals totalling $3.1 m, across 4 lenders, median approval $270,000, plus 14 504 approvals worth $7.0 m. These count approvals to borrowers whose address is in Howard Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Howard Lake borrowers get paid back?
No rate is published for Howard Lake. only 2 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 Howard Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wright 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 Howard Lake.
Is zoning published for Howard Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby