Groundwork

Funeral services · Small-town market · Minnesota

Funeral homes in the Owatonna, MN area

Competitor counts, household spending and official business counts for funeral homes in the Owatonna, MN area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 55 out of 100: Upper middle

Ranked #146 of 365 scored small-town markets
#8 of 11 scored small-town markets based in Minnesota

Listings
6
0 chain locations (0%)
Official establishments
4
Businesses with payroll, 2023
Household spending a year
$2.5M
On funerals · $163 a household
Spending per listing
$411K
39% below the U.S.
Listings per 10k households
4.0
90% above the U.S.
Population, 2025
37,464
+0.2% since 2020

See the funeral homes around any address in the Owatonna area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Owatonna area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Households in the Owatonna area spend about $2.5M a year on funerals, or $163 per household, 14% above the U.S. average. Spread across 6 funeral homes, that is $411K per home, 39% below the U.S. figure of $679K.

The Owatonna area has 6 funeral homes on map listings as of September 2026. None of them are chain locations, against 10% across the U.S. Per 10,000 households, that is 4.0, 90% above the U.S. rate of 2.1.

In 2023, official counts showed 4 businesses with payroll in the Owatonna area classed as funeral homes and funeral services. That is one for every 3,785 households, against one for every 8,510 across the U.S.

Between 2020 and 2025, the population of the Owatonna area grew 0.2%, slower than the U.S. (+3.1%). For funeral homes, the Owatonna area has a Groundwork market score of 55 (upper middle): #146 of 365 scored small-town markets and #8 of 11 scored small-town markets based in Minnesota.

How the Owatonna area compares

The same measures for Minnesota and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Owatonna, MN area compared with Minnesota and the U.S.
MeasureOwatonna areaMinnesotaU.S.
Listings per 10k households4.02.22.1
Spending per listing$411K$649K$679K
Households per official establishment3,7857,6428,510
Official establishment growth, 2019–2023n/a−0.3%−1.7%
Population growth, 2020–2025+0.2%+2.1%+3.1%
Spending per household on funerals$163$140$143
Median household income$84,196$89,062$80,734
Groundwork market score5549

Official counts and lending

Businesses

Official establishments, 2019 to 2023
4
Employees, 2023
20
Annual payroll, 2023
$1M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
60 chain locations
Listings at the U.S. rate for this spending
4The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in the Owatonna area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Owatonna area

Population, 2025 estimate
37,464+0.2% since 2020
Households
15,138
Median age
40.6
Homes lived in by their owners
79%
Vehicles per household
2.0
Land area
430 sq. mi.
People per square mile
87
Median household income
$84,196+29.7% vs. 2015–2019, before inflation
Average household income
$101,587
Median home value
$245,400
Jobs located here
18,785
Daytime population
38,229Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Owatonna area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Owatonna area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across Minnesota

Every Minnesota market ranked →

The highest-scoring small-town markets in Minnesota for funeral homes, numbered among those based in Minnesota, with the Owatonna area marked.

Top small-town markets in Minnesota

Small-town markets in Minnesota ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Fergus Falls, MN8493.6$525K+1.6%#18 of 365
2Red Wing, MN7763.0$545K+1.3%#39 of 365
3Brainerd, MN77153.5$493K+4.3%#41 of 365
4Detroit Lakes, MN7153.5$477K+0.9%#58 of 365
5Willmar, MN6252.8$577K+2.3%#104 of 365
6Austin, MN6274.5$360K+2.3%#109 of 365
7Hutchinson, MN5953.3$492K−0.3%#120 of 365
8Owatonna, MN5564.0$411K+0.2%#146 of 365
9Winona, MN5184.0$377K+1.8%#174 of 365
10New Ulm, MN4754.5$401K−1.5%#189 of 365

Other business types in the Owatonna area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Owatonna, MN area?

Map listings as of September 2026 show 6 funeral homes in the Owatonna area. None of them are chain locations. The listings count funeral homes, mortuaries and cremation services. Official counts show 4 businesses with payroll classed as funeral homes and funeral services in 2023.

How much do households in the Owatonna, MN area spend on funerals?

About $2.5M a year, or $163 per household. That is 14% above the U.S. average (an index of 114, where 100 is the U.S. average). Spread across the 6 funeral homes on map listings, it comes to $411K per home. It is estimated from the incomes of the 15,138 households in the Owatonna area and national spending patterns by income.

How does the Owatonna, MN area compare with the U.S. for funeral homes?

The Owatonna area has 4.0 funeral homes per 10,000 households, 90% above the U.S. rate of 2.1. Spending per home is $411K, 39% below the U.S. figure of $679K. At the U.S. ratio of funeral homes to household spending, the Owatonna area would have about 4, against 6 on map listings. There is one business with payroll in the industry for every 3,785 households, against one for every 8,510 across the U.S.

How fast is the Owatonna, MN area growing?

Population estimates put the Owatonna area at 37,464 people in 2025, up 0.2% since 2020, slower than the U.S. (+3.1%). It has 15,138 households. The median household income in the Owatonna area is $84,196 a year, 4% above the U.S. median of $80,734. That rose 29.7% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Owatonna area scores 55 for funeral homes (upper middle), #146 of 365 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Owatonna area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Owatonna area

Screening a site or an acquisition in the Owatonna area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Owatonna area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.