HomeMinnesotaYellow Medicine County
Yellow Medicine County, Minnesota: commercial real estate data.
Yellow Medicine County, Minnesota had an estimated 9,373 residents on July 1, 2024, down 1.5 percent since the 2020 census base of 9,518, across 759 square miles. County output reached $784.2 m in 2024, 324 establishments operate here, and the SBA record carries 7 7(a) approvals worth $7.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Yellow Medicine County
How many people live in Yellow Medicine County
- Population, American Community Survey 2020-20249,451
- Households4,070
- Average household size2.32
- Median household income$74,000
- Median age42.1
- Median gross rent$678 per month
- Median owner-occupied home value$154,700
- Home value to household income2.1 times
- Annual rent as a share of median income11.0 percent
- Adults 25 and over with a bachelor degree or higher19.7 percent
- Adults 25 and over with a graduate degree5.1 percent
- Adults 25 and over6,628
- Population under 182,153
- Share under 1822.8 percent
- Population 65 and over2,035
- Share 65 and over21.5 percent
- Working age population, 18 to 645,263
- Civilian labor force4,856
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over66.5 percent
- Rank by population among Minnesota counties71st of 87
- Rank by population among US county-equivalents, Puerto Rico included2531st of 3,222
Yellow Medicine County is the 71st largest of 87 Minnesota counties by population. A median home costs 2.1 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 22.8 percent against 21.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Yellow Medicine County
Is Yellow Medicine County's population growing?
- Population, July 1, 20249,373
- Census 2020 base population9,518
- Population change since the 2020 census base-1.52 percent
- Population change, 2023 to 2024-98
- Births, 202487
- Deaths, 2024101
- Natural change, 2024-14
- Net domestic migration, 2024-103
- Net international migration, 202418
- Total net migration, 2024-85
- Cumulative net domestic migration, 2021 to 2024-160
- Rank by growth among US county-equivalents2365th of 3,144
The county has lost 1.52 percent of its population 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.
Yellow Medicine County
Where are people moving to Yellow Medicine County from?
- Tax returns filed by households arriving222
- People arriving, from those returns375
- Tax returns filed by households leaving222
- Net household movement0
- Adjusted gross income arriving$10.5 m
- Net adjusted gross income movement$-1.8 m
- Average income of an arriving household$47,324
- Average income of a leaving household$55,532
- Largest single originChippewa County (50 households)
- Largest single destinationLyon County (44 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Chippewa County | 50 | 86 | $2.2 m |
| Lyon County | 36 | 78 | $2.8 m |
Households arriving report $8,208 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Chippewa 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.
Yellow Medicine County
What is the Yellow Medicine County economy?
- County GDP, 2024$784.2 m
- County GDP, 2023$800.7 m
- GDP change, 2023 to 2024-2.1 percent
- GDP change over five years43.1 percent
- Rank by GDP among the Minnesota areas BEA publishes63rd of 87
- Rank by GDP among the US county areas BEA publishes2040th of 3,127
- GDP per resident$82,978
Output grew -2.1 percent in the latest year and 43.1 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.
Yellow Medicine County
Employment by industry in Yellow Medicine County
- Covered employment, annual average3,621
- Establishments reporting388
- Average annual pay$49,625
- Average weekly wage$954
- Retail trade, employment387
- Retail trade, average annual pay$25,735
- Accommodation and food services, employment225
- Accommodation and food services, average annual pay$14,805
- Wholesale trade, employment190
- Wholesale trade, average annual pay$71,318
- Construction, employment147
- Construction, average annual pay$93,517
- Manufacturing, employment143
- Transportation and warehousing, employment134
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 387 | 44 | $25,735 |
| Accommodation and food services | 225 | 31 | $14,805 |
| Wholesale trade | 190 | 17 | $71,318 |
| Construction | 147 | 38 | $93,517 |
| Manufacturing | 143 | 16 | $53,624 |
| Transportation and warehousing | 134 | 25 | $59,726 |
| Other services, except public administration | 102 | 36 | $34,854 |
| Finance and insurance | 92 | 20 | $61,364 |
Retail trade is the largest private sector at 387 jobs, 10.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Yellow Medicine County
How many businesses are in Yellow Medicine County?
- Establishments, all industries324
- Employment at those establishments3,603
- Annual payroll$200.0 m
- Establishments per 1,000 residents34.3
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.
Yellow Medicine County
Building permits in Yellow Medicine County
- Housing units authorized by permit, 202439
- Declared construction value permitted$13.2 m
- Single family units authorized39
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$337,560
- Units authorized per 1,000 households9.6
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Yellow Medicine County
SBA loans in Yellow Medicine County (7(a) and 504)
- 7(a) approvals recorded7
- 7(a) gross approval dollars$7.1 m
- Average 7(a) approval$1,007,814
- Median 7(a) approval$1,000,000
- Largest single approval$2,965,000
- Jobs reported supported, 7(a)70
- Jobs per approval10.0
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals7
- 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 shorter4
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded6
- 504 gross approval dollars$3.2 m
- Average 504 approval$535,667
- Median 504 approval$510,500
- Distinct CDCs active2
- 504 jobs per approval16.3
- 504 jobs per million dollars approved30.5
- Most active CDCMidwest Business Finance Corporation (5)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$10.3 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.
Yellow Medicine County
SBA loan default and charge-off rates in Yellow Medicine County
Do SBA loans in Yellow Medicine County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Exempt from disclosure5
- Status: Paid in full2
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.
Yellow Medicine County
SBA lending by place in Yellow Medicine County
- Borrower cities with recorded lending4
- Granite Falls, approvals3
- Canby, approvals2
- Porter, approvals1
- Echo, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Granite Falls | 3 | $1,745,500 |
| Canby | 2 | $3,215,000 |
| Porter | 1 | $1,094,200 |
| Echo | 1 | $1,000,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Yellow Medicine County
How large is Yellow Medicine County?
- Land area759 sq mi
- Rank by land area among Minnesota counties31st of 87
- Width, east to west53.6 mi
- Height, north to south27.2 mi
- Geographies sharing a boundary7
- Residents per square mile of land12
- Establishments per square mile0.43
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.
Yellow Medicine County
Flood risk in Yellow Medicine County
- Participation of the county's own NFIP community Yellow Medicine County, unincorporated areasParticipating, community 270544
- Communities in the county in the NFIP Community Status Book8
- Of those, participating in the NFIP6
- NFIP participation rate75.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 10
- Communities carrying a CRS class1
- Radon levels in Yellow Medicine 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 Yellow Medicine County (community 270544), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Yellow Medicine 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. The best Community Rating System class among the county's communities is 10, which carries a flood insurance premium discount for policies written in that community. 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 Yellow Medicine 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 Yellow Medicine County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20249,451
- Households4,070
- Average household size2.32
- Median household income$74,000
- Median age42.1
Common questions
Yellow Medicine County questions, answered from the record.
How many people live in Yellow Medicine County, Minnesota?
The Census Bureau estimates 9,373 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 9,451, in 4,070 households, ranking 71st of 87 Minnesota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Yellow Medicine County's population growing?
The population has fallen 1.52 percent since the 2020 census base of 9,518, to 9,373 on July 1, 2024. In 2024 there were 87 births against 101 deaths, with net migration of -85. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Yellow Medicine County?
$74,000. The median owner-occupied home is valued at $154,700, which is 2.1 times income, and median gross rent is $678 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Yellow Medicine County?
324 establishments, employing 3,603 people with an annual payroll of $200.0 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 Yellow Medicine County?
Retail trade is the largest private sector at 387 jobs, 10.7 percent of covered employment. Covered employment averages 3,621 jobs at an average annual pay of $49,625, or $954 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Yellow Medicine County?
7 7(a) approvals totaling $7.1 m since FY2020, across 5 lenders, with a median approval of $1,000,000, plus 6 504 approvals worth $3.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Yellow Medicine County?
39 housing units were authorized by permit in 2024, with a declared construction value of $13.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Yellow Medicine 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 Yellow Medicine County come from?
The largest single origin is Chippewa County, with 50 households. Arriving households report an average income of $47,324 against $55,532 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Yellow Medicine 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 Yellow Medicine 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.
Yellow Medicine County
Cities and places in Yellow Medicine.
9 Census places lie wholly or partly in Yellow Medicine County. All 9 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 |
|---|---|---|---|---|
| Granite Falls | city | 2,685 | 3 | 49.3 percent here, 50.7 percent Chippewa County |
| Canby | city | 1,556 | 2 | Wholly in this county |
| Clarkfield | city | 913 | None recorded | Wholly in this county |
| Wood Lake | city | 368 | None recorded | Wholly in this county |
| Hanley Falls | city | 248 | None recorded | Wholly in this county |
| Echo | city | 197 | 1 | Wholly in this county |
| Porter | city | 191 | 1 | Wholly in this county |
| St. Leo | city | 153 | None recorded | Wholly in this county |
| Hazel Run | city | 58 | None recorded | Wholly in this county |
Nearby