Groundwork

Small-town market profile · Minnesota

Austin, MN area market data

Population, household spending and competition for 56 business types in the Austin area, each scored against other small-town markets.

Population, 2025
40,971
+2.3% since 2020
Households
15,719
Median household income
$73,074
+34.6% vs. 2015–2019, before inflation
Median home value
$185,200
Jobs located here
15,578
Highest market score
91
Doctors, dentists and clinics, #2 of 538 scored small-town markets

A site report maps the competitors on map listings around any address in the Austin area by name and distance, and the households and spending within reach. Or open the report at the center of the Austin 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

An estimated 40,971 people live in the Austin area, in 15,719 households. Population estimates put the population change in the Austin area from 2020 to 2025 at +2.3%, slower than the U.S. (+3.1%). The median household income in the Austin area is $73,074 a year, 9% below the U.S. median of $80,734. That rose 34.6% from the 2015–2019 survey, before inflation.

Set against the U.S., households in the Austin area spend the most on vehicle maintenance and repairs (an index of 118, where 100 is the U.S. average) and the least on child care and other personal services (64).

The highest Groundwork market scores in the Austin area are for medical and dental practices (91); restaurants and cafes (88); and clothing, shoe and laundry businesses (87). The Austin area ranks #2 of 538 scored small-town markets for medical and dental practices.

The Austin area is made up of one county, Mower County. For its number of households, the Austin area has the most map listings, relative to the U.S., for gas stations (46% above the U.S. rate) and the fewest for medical and dental practices (64% below the U.S. rate).

All 56 business types in the Austin area

Highest Groundwork market score first. Each score compares the Austin area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Austin, MN area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Doctors, dentists and clinics91#2 of 5384830.5$450K29519
Restaurants and cafes88#6 of 5389459.8$630K17048
Clothing, shoes and laundry87#7 of 536159.5$2M2273
Coffee shops and cafes85#3 of 52974.5$8.5M228Under 3
Physical therapy84#9 of 40053.2$4.3M180Under 3
Sit-down restaurants84#10 of 5385132.4$1.2M17523
Clothing and shoe stores84#15 of 536127.6$2.5M1973
Dentists and orthodontists83#10 of 526117.0$2M2008
Pizza83#10 of 52095.7$6.6M12923
Convenience stores80#23 of 529117.0$8.5M108Under 3
Fast food and sandwich shops80#25 of 5371710.8$3.5M11423
Spas and skin care79#15 of 50495.7$1.7M193Under 3
Tire shops77#35 of 43153.2$3.6M1423
Salons, barbers and spas73#32 of 5384025.4$380K17912
Hair salons72#42 of 5382415.3$633K1478
Gyms, studios and classes70#58 of 5352012.7$655K993
Gyms69#55 of 506117.0$1.2M913
Child care and preschools68#93 of 45474.5$841K844
Auto repair and car care67#109 of 5386239.4$287K10727
Lawn, cleaning and pest control66#92 of 481106.4$1.9M11313
Roofing and gutters65#58 of 28853.2$8.4M99Under 3
Pet businesses63#110 of 5271710.8$752K868
Chiropractors63#114 of 42685.1$2.7M1137
Auto repair shops63#136 of 5383924.8$457K10319
Grocery and convenience stores63#141 of 5382817.8$3.3M9915
Funeral homes62#109 of 36574.5$360K533
Martial arts and dance studios61#113 of 37874.5$1.9M93Under 3
Landscaping and lawn care60#118 of 39985.1$2.4M818
Real estate agents and brokers60#137 of 5332515.9Index only1597
Real estate58#156 of 5363421.6Index only14710
Veterinarians55#163 of 39874.5$1.8M675
Electricians53#135 of 29563.8$7M5811
Gas stations52#250 of 5362515.9$1.8M7624
Pet stores51#106 of 22053.2$2.6M56Under 3
Collision repair and body shops50#189 of 38774.5$2.5M837
Home repair trades48#297 of 5262415.3$1.7M7225
HVAC and plumbing47#274 of 476138.3$3.2M6814
Insurance agencies45#309 of 5372314.6$1.2M9615
Grocery stores39#363 of 506159.5$6.2M6714
Bakeries and dessert shopsNot scoredNot scored42.5$14.8M357Under 3
Car washes and detailingNot scoredNot scored42.5$4.5M1774
Mortgage brokers and lendersNot scoredNot scored42.5Index only139Under 3
Nail salonsNot scoredNot scored42.5$3.8M227Under 3
Primary care and pediatricsNot scoredNot scored42.5$5.4M3034
Property managementNot scoredNot scored42.5Index only973
BarbershopsNot scoredNot scored31.9$5.1M269Under 3
Optometrists and eye careNot scoredNot scored31.9$7.2M230Under 3
Pet grooming and boardingNot scoredNot scored31.9$4.3M1673
House cleaningNot scoredNot scored21.3$9.4MToo few5
LaundromatsNot scoredNot scored21.3$15MToo fewUnder 3
Yoga, Pilates and fitness studiosNot scoredNot scored21.3$6.5MToo few3
Home inspectorsNot scoredNot scored10.6Index onlyToo fewUnder 3
Urgent care and walk-in clinicsNot scoredNot scored10.6$21.6MToo fewUnder 3
Dry cleanersNot scoredNot scored00.0None listedNone listedUnder 3
Oil change and quick lubeNot scoredNot scored00.0None listedNone listedUnder 3
Pest controlNot scoredNot scored00.0None listedNone listedUnder 3

Household spending in the Austin area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Austin, MN area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$17.8M$1,134118
Gasoline and other fuels$45.5M$2,894112
Food away from home$59.2M$3,76793
Groceries$93.7M$5,96294
Personal care products and services$15.2M$96796
Child care and other personal services$5.9M$37464
Memberships, classes and admissions$13.1M$83385
Medical and dental services$21.6M$1,374107
Pets$12.8M$81389
Clothing, shoes and related services$30M$1,90793
Vehicle insurance$27.7M$1,76190
Home repairs, maintenance and insurance$41.9M$2,66788
Lawn care, cleaning and other household services$18.9M$1,20285
Rent and homeowner costs$216.4M$13,77083

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in the Austin area

Population, 2025 estimate
40,971+2.3% since 2020
Households
15,719
Median age
39.6
Homes lived in by their owners
78%
Vehicles per household
2.0
Land area
711 sq. mi.
People per square mile
57
Median household income
$73,074+34.6% vs. 2015–2019, before inflation
Average household income
$93,253
Median home value
$185,200
Jobs located here
15,578
Daytime population
36,121Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Austin 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 competitors on map listings by name and distance, for any of the 56 business types.

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

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Questions

How fast is the Austin, MN area growing?

Population estimates put the Austin area at 40,971 people in 2025, up 2.3% since 2020, slower than the U.S. (+3.1%). It has 15,719 households. Against the 2015–2019 survey, median household income rose 34.6%, before inflation.

How much do households in the Austin, MN area spend?

Households in the Austin area spend about $216.4M a year on rent and homeowner costs, $93.7M on groceries and $59.2M on food away from home. Relative to the U.S., household spending in the Austin area runs highest on vehicle maintenance and repairs (an index of 118, where 100 is the U.S. average) and lowest on child care and other personal services (64).

Which business types have the highest market scores in the Austin, MN area?

Of the business types scored in the Austin area, medical and dental practices (91); restaurants and cafes (88); and clothing, shoe and laundry businesses (87) have the highest Groundwork market scores. For medical and dental practices, that ranks #2 of 538 scored small-town markets.

How does the Austin, MN area compare with the U.S.?

Median household income in the Austin area is $73,074, 9% below the U.S. median of $80,734. The population rose 2.3% from 2020 to 2025, against +3.1% for the U.S. The median home value is $185,200, against $332,700 for the U.S. Against the U.S., map listings per household run highest for gas stations (46% above the U.S. rate) and lowest for medical and dental practices (64% below the U.S. rate).

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. 39 of the 56 business types have a score in the Austin area, each ranked against other small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Austin area. It maps the competitors 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.

All markets in Minnesota · Every U.S. market · How we measure

Screening a site or an acquisition in the Austin 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 Austin 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.