HomeNorth DakotaWalsh County
Walsh County, North Dakota: commercial real estate data.
Walsh County, North Dakota had an estimated 10,214 residents on July 1, 2024, down 3.2 percent since the 2020 census base of 10,556, across 1,282 square miles. County output reached $1.03 bn in 2024, 362 establishments operate here, and the SBA record carries 10 7(a) approvals worth $12.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Walsh County
How many people live in Walsh County
- Population, American Community Survey 2020-202410,396
- Households4,400
- Average household size2.36
- Median household income$71,944
- Median age43.2
- Median gross rent$748 per month
- Median owner-occupied home value$132,700
- Home value to household income1.8 times
- Annual rent as a share of median income12.5 percent
- Adults 25 and over with a bachelor degree or higher19.2 percent
- Adults 25 and over with a graduate degree6.0 percent
- Adults 25 and over7,201
- Population under 182,435
- Share under 1823.4 percent
- Population 65 and over2,276
- Share 65 and over21.9 percent
- Working age population, 18 to 645,685
- Civilian labor force5,276
- Unemployment rate2.0 percent
- Labor force participation, adults 18 and over66.3 percent
- Rank by population among North Dakota counties14th of 53
- Rank by population among US county-equivalents, Puerto Rico included2459th of 3,222
Walsh County is the 14th largest of 53 North Dakota counties by population. A median home costs 1.8 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.4 percent against 21.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Walsh County
Is Walsh County's population growing?
- Population, July 1, 202410,214
- Census 2020 base population10,556
- Population change since the 2020 census base-3.24 percent
- Population change, 2023 to 2024-79
- Births, 2024121
- Deaths, 2024174
- Natural change, 2024-53
- Net domestic migration, 2024-54
- Net international migration, 202428
- Total net migration, 2024-26
- Cumulative net domestic migration, 2021 to 2024-288
- Rank by growth among US county-equivalents2781st of 3,144
The county has lost 3.24 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.
Walsh County
Where are people moving to Walsh County from?
- Tax returns filed by households arriving212
- People arriving, from those returns375
- Tax returns filed by households leaving268
- Net household movement-56
- Adjusted gross income arriving$10.1 m
- Net adjusted gross income movement$-3.0 m
- Average income of an arriving household$47,618
- Average income of a leaving household$48,907
- Largest single originGrand Forks County (48 households)
- Largest single destinationGrand Forks County (72 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Grand Forks County | 48 | 67 | $2.1 m |
| Pembina County | 23 | 41 | $971,000 |
Households arriving report $1,289 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Grand Forks 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.
Walsh County
What is the Walsh County economy?
- County GDP, 2024$1.03 bn
- County GDP, 2023$902.9 m
- GDP change, 2023 to 202413.7 percent
- GDP change over five years57.3 percent
- Rank by GDP among the North Dakota areas BEA publishes15th of 53
- Rank by GDP among the US county areas BEA publishes1822nd of 3,127
- GDP per resident$98,790
Output grew 13.7 percent in the latest year and 57.3 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.
Walsh County
Employment by industry in Walsh County
- Covered employment, annual average4,790
- Establishments reporting519
- Average annual pay$57,220
- Average weekly wage$1,100
- Manufacturing, employment681
- Manufacturing, average annual pay$70,686
- Retail trade, employment393
- Retail trade, average annual pay$29,445
- Wholesale trade, employment331
- Wholesale trade, average annual pay$86,118
- Finance and insurance, employment173
- Finance and insurance, average annual pay$84,003
- Construction, employment152
- Accommodation and food services, employment106
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 681 | 9 | $70,686 |
| Retail trade | 393 | 40 | $29,445 |
| Wholesale trade | 331 | 42 | $86,118 |
| Finance and insurance | 173 | 40 | $84,003 |
| Construction | 152 | 42 | $62,068 |
| Accommodation and food services | 106 | 24 | $14,915 |
| Information | 101 | 12 | $69,509 |
| Professional, scientific and technical services | 97 | 26 | $64,275 |
Manufacturing is the largest private sector at 681 jobs, 14.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Walsh County
How many businesses are in Walsh County?
- Establishments, all industries362
- Employment at those establishments3,372
- Annual payroll$182.1 m
- Establishments per 1,000 residents34.8
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.
Walsh County
Building permits in Walsh County
- Housing units authorized by permit, 20247
- Declared construction value permitted$1.9 m
- Single family units authorized5
- Multifamily units authorized2
- Multifamily share of units28.6 percent
- Average declared value per unit$277,342
- Units authorized per 1,000 households1.6
Single-family homes are 71.4 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Walsh County
SBA loans in Walsh County (7(a) and 504)
- 7(a) approvals recorded10
- 7(a) gross approval dollars$12.7 m
- Average 7(a) approval$1,271,420
- Median 7(a) approval$460,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)68
- Jobs per approval6.8
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals8
- Median 7(a) term84 months
- Share of loans on real estate terms, 240 months or longer10.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter8
- Franchise loans0
- Franchise share of approvals0.0 percent
- Most active lenderUltima Bank Minnesota (4)
- 504 approvals recorded5
- 504 gross approval dollars$1.7 m
- Average 504 approval$342,000
- Median 504 approval$208,000
- Distinct CDCs active2
- 504 jobs per approval1.4
- 504 jobs per million dollars approved4.1
- Most active CDCDakota Business Lending (4)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$14.4 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.
Walsh County
SBA loan default and charge-off rates in Walsh County
Do SBA loans in Walsh County get paid back?
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Cancelled2
- Status: Paid in full3
- Status: Exempt from disclosure5
Only 3 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.
Walsh County
SBA lending by place in Walsh County
- Borrower cities with recorded lending3
- Forest River, approvals5
- Grafton, approvals4
- Minto, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Forest River | 5 | $1,944,200 |
| Grafton | 4 | $6,470,000 |
| Minto | 1 | $4,300,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Walsh County
How large is Walsh County?
- Land area1,282 sq mi
- Rank by land area among North Dakota counties22nd of 53
- Width, east to west55.3 mi
- Height, north to south24.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land8
- Establishments per square mile0.28
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.
Walsh County
Flood risk in Walsh County
- Participation of the county's own NFIP community Walsh County, unincorporated areasParticipating, community 380135
- Communities in the county in the NFIP Community Status Book23
- Of those, participating in the NFIP8
- NFIP participation rate34.8 percent
- Communities carrying a CRS class0
- Radon levels in Walsh 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 Walsh County (community 380135), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Walsh 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. 34.8 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 Walsh 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 Walsh County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202410,396
- Households4,400
- Average household size2.36
- Median household income$71,944
- Median age43.2
Common questions
Walsh County questions, answered from the record.
How many people live in Walsh County, North Dakota?
The Census Bureau estimates 10,214 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 10,396, in 4,400 households, ranking 14th of 53 North Dakota counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Walsh County's population growing?
The population has fallen 3.24 percent since the 2020 census base of 10,556, to 10,214 on July 1, 2024. In 2024 there were 121 births against 174 deaths, with net migration of -26. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Walsh County?
$71,944. The median owner-occupied home is valued at $132,700, which is 1.8 times income, and median gross rent is $748 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Walsh County?
362 establishments, employing 3,372 people with an annual payroll of $182.1 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 Walsh County?
Manufacturing is the largest private sector at 681 jobs, 14.2 percent of covered employment. Covered employment averages 4,790 jobs at an average annual pay of $57,220, or $1,100 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Walsh County?
10 7(a) approvals totaling $12.7 m since FY2020, across 6 lenders, with a median approval of $460,000, plus 5 504 approvals worth $1.7 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Walsh County?
7 housing units were authorized by permit in 2024, with a declared construction value of $1.9 m. Multifamily was 28.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Walsh 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 Walsh County come from?
The largest single origin is Grand Forks County, with 48 households. Arriving households report an average income of $47,618 against $48,907 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Walsh 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 Walsh 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.
Walsh County
Cities and places in Walsh.
15 Census places lie wholly or partly in Walsh County. All 15 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 |
|---|---|---|---|---|
| Grafton | city | 4,102 | 4 | Wholly in this county |
| Park River | city | 1,458 | None recorded | Wholly in this county |
| Minto | city | 718 | 1 | Wholly in this county |
| Hoople | city | 228 | None recorded | Wholly in this county |
| Fordville | city | 212 | None recorded | Wholly in this county |
| Edinburg | city | 196 | None recorded | Wholly in this county |
| Adams | city | 121 | None recorded | Wholly in this county |
| Lankin | city | 109 | None recorded | Wholly in this county |
| Pisek | city | 91 | None recorded | Wholly in this county |
| Forest River | city | 87 | 5 | Wholly in this county |
| Auburn | CDP | 28 | None recorded | Wholly in this county |
| Ardoch | city | 22 | None recorded | Wholly in this county |
| Fairdale | city | 16 | None recorded | Wholly in this county |
| Conway | city | 11 | None recorded | Wholly in this county |
| Nash | CDP | 7 | None recorded | Wholly in this county |