Groundwork

Beauty and personal care · Small-town market · Minnesota

Hair salons in the Albert Lea, MN area

How the Albert Lea, MN area compares with other small-town markets and the U.S. for hair salons: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 53 out of 100: Upper middle

Ranked #244 of 538 scored small-town markets
#14 of 18 scored small-town markets based in Minnesota

Listings
28
8 chain locations (29%)
Official establishments
5
Businesses with payroll, 2023
Household spending a year
$12.1M
On personal care products and services · $945 a household
Spending per listing
$434K
In line with the U.S.
Listings per 10k households
21.8
7% below the U.S.
Population, 2025
30,440
−1.5% since 2020

See the hair salons around any address in the Albert Lea area

The site report maps the hair salons 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 Albert Lea 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

Household spending on personal care products and services in the Albert Lea area comes to about $12.1M a year: $945 per household, 6% below the U.S. average. That works out to $434K per salon, in line with the U.S. figure of $430K. The spending figure covers all personal care products and services, not only hair salons.

The Albert Lea area has 28 hair salons on map listings as of September 2026. Of those, 8 are chain locations, or 29%, against 14% across the U.S. That is 21.8 per 10,000 households, 7% below the U.S. rate of 23.4.

In 2023, official counts showed 5 businesses with payroll in the Albert Lea area classed as beauty salons. That is one for every 2,569 households, against one for every 1,535 across the U.S. Another 61 one-person businesses have no payroll, by official counts.

Population estimates show the Albert Lea area declined 1.5% from 2020 to 2025, against +3.1% for the U.S. The Albert Lea area scores 53 (upper middle) on the Groundwork market score for hair salons, ranking #244 of 538 scored small-town markets and #14 of 18 scored small-town markets based in Minnesota.

How the Albert Lea area compares

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

Hair salons in Albert Lea, MN area compared with Minnesota and the U.S.
MeasureAlbert Lea areaMinnesotaU.S.
Listings per 10k households21.819.423.4
Spending per listing$434K$564K$430K
Households per official establishment2,5691,5171,535
Official establishment growth, 2019–2023n/a−4.2%+6.0%
Population growth, 2020–2025−1.5%+2.1%+3.1%
Spending per household on personal care products and services$945$1,091$1,005
Median household income$71,023$89,062$80,734
Groundwork market score5367

Official counts and lending

Businesses

Official establishments, 2019 to 2023
5
Employees, 2023
16
Annual payroll, 2023
$300K
One-person businesses, 2023
61Businesses with no payroll
Map listings, September 2026
288 chain locations
Listings at the U.S. rate for this spending
28The 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 beauty salons in the Albert Lea 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 Albert Lea area

Population, 2025 estimate
30,440−1.5% since 2020
Households
12,846
Median age
45.4
Homes lived in by their owners
80%
Vehicles per household
1.9
Land area
707 sq. mi.
People per square mile
43
Median household income
$71,023+32.4% vs. 2015–2019, before inflation
Average household income
$93,926
Median home value
$171,100
Jobs located here
11,051
Daytime population
27,708Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Albert Lea 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 hair salons on map listings by name and distance.

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

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Hair salons across Minnesota

Every Minnesota market ranked →

The highest-scoring small-town markets in Minnesota for hair salons, numbered among those based in Minnesota (a market based in another state is listed without a number), with the Albert Lea area marked.

Top small-town markets in Minnesota

Small-town markets in Minnesota ranked for hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Faribault-Northfield, MN774619.6$527K+4.2%#21 of 538
2Hutchinson, MN752818.4$547K−0.3%#28 of 538
3Austin, MN722415.3$633K+2.3%#42 of 538
Wahpeton, ND-MN691616.8$580K0.0%#60 of 538
4Bemidji, MN693217.6$538K+1.8%#63 of 538
5Marshall, MN681817.8$549K+1.0%#71 of 538
6Detroit Lakes, MN663020.8$465K+0.9%#84 of 538
7Red Wing, MN643919.8$515K+1.3%#105 of 538
8Winona, MN643919.3$496K+1.8%#107 of 538
9Fergus Falls, MN645019.9$487K+1.6%#108 of 538
14Albert Lea, MN532821.8$434K−1.5%#244 of 538

Other business types in the Albert Lea area

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

Questions

How many hair salons are in the Albert Lea, MN area?

Map listings as of September 2026 show 28 hair salons in the Albert Lea area. 8 of them (29%) are chain locations. The listings count hair and beauty salons. Official counts show 5 businesses with payroll classed as beauty salons in 2023. Official counts list 61 one-person businesses without payroll.

How much do households in the Albert Lea, MN area spend on personal care products and services?

About $12.1M a year, or $945 per household. That is 6% below the U.S. average (an index of 94, where 100 is the U.S. average). Spread across the 28 hair salons on map listings, it comes to $434K per salon. That spending covers all personal care products and services, which hair salons share with other businesses in the trade. It is estimated from the incomes of the 12,846 households in the Albert Lea area and national spending patterns by income.

How does the Albert Lea, MN area compare with the U.S. for hair salons?

The Albert Lea area has 21.8 hair salons per 10,000 households, 7% below the U.S. rate of 23.4. Spending per salon is $434K, in line with the U.S. figure of $430K. The count on map listings matches the U.S. ratio of hair salons to household spending. There is one business with payroll in the industry for every 2,569 households, against one for every 1,535 across the U.S.

How fast is the Albert Lea, MN area growing?

Population estimates put the Albert Lea area at 30,440 people in 2025, down 1.5% since 2020, against +3.1% for the U.S. It has 12,846 households. Median household income in the Albert Lea area is $71,023, 12% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 32.4%, 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 Albert Lea area scores 53 for hair salons (upper middle), #244 of 538 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Albert Lea area. It maps the hair salons 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 hair salons · All 56 business types in the Albert Lea area

Screening a site or an acquisition in the Albert Lea 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 Albert Lea 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.