Real estate · County · Minnesota
Property management companies in Hennepin County, MN
Competitor counts, household spending and official business counts for property management companies in Hennepin County, MN, set against other counties and the U.S.
Groundwork market score · out of 100
Score 26 out of 100: Lower middle
Ranked #829 of 910 scored counties
#21 of 24 scored counties in Minnesota
- Listings
- 245
- 8 chain locations (3%)
- Official establishments
- 507
- +3.1% since 2019
- Household spending a year
- $8.6B
- On rent and homeowner costs · $15,993 a household
- Housing spending per listing (U.S. = 100)
- 63
- 37% below the U.S.
- Listings per 10k households
- 4.5
- 50% above the U.S.
- Population, 2025
- 1,284,784
- +0.2% since 2020
See the property management companies around any address in Hennepin County
The site report maps the property management companies 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 Hennepin County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
For property management companies, Hennepin County has a Groundwork market score of 26 (lower middle): #829 of 910 scored counties and #21 of 24 scored counties in Minnesota. That puts it in the bottom quarter of counties.
Map listings as of September 2026 show 245 property management companies in Hennepin County. Of those, 8 are chain locations, or 3%, against 4% across the U.S. That comes to 4.5 for every 10,000 households, 50% above the U.S. rate of 3.0.
At $15,993 per household (4% below the U.S. average), households in Hennepin County spend about $8.6B a year on rent and homeowner costs. Housing spending per company is 37% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.
In 2023, official counts showed 507 businesses with payroll in Hennepin County classed as residential and commercial property managers, up 3.1% from 2019. That is one for every 1,064 households, against one for every 1,638 across the U.S. Since fiscal 2022, 6 SBA-backed loans worth $2.2M have gone to businesses classed as residential and commercial property managers in Hennepin County. Between 2020 and 2025, the population of Hennepin County grew 0.2%, slower than the U.S. (+3.1%).
How Hennepin County compares
The same measures for Minnesota and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.
| Measure | Hennepin County | Minnesota | U.S. |
|---|---|---|---|
| Listings per 10k households | 4.5 | 2.8 | 3.0 |
| Housing spending per listing (U.S. = 100) | 63 | 97 | 100 |
| Households per official establishment | 1,064 | 1,961 | 1,638 |
| Official establishment growth, 2019–2023 | +3.1% | +11.9% | +11.4% |
| Population growth, 2020–2025 | +0.2% | +2.1% | +3.1% |
| Spending per household on rent and homeowner costs | $15,993 | $15,162 | $16,661 |
| Median household income | $97,653 | $89,062 | $80,734 |
| Groundwork market score | 26 | 46 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 492 → 507+3.1% over the period
- Employees, 2023
- 6,974
- Annual payroll, 2023
- $458.5M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 2458 chain locations
- Listings at the U.S. rate for this spending
- 155The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 6
- Amount
- $2.2M
SBA-backed loans to businesses classed as residential and commercial property managers in Hennepin County, 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 Hennepin County
- Population, 2025 estimate
- 1,284,784+0.2% since 2020
- Households
- 539,493
- Median age
- 39.3
- Homes lived in by their owners
- 63%
- Vehicles per household
- 1.6
- Land area
- 554 sq. mi.
- People per square mile
- 2,291
- Median household income
- $97,653+24.9% vs. 2015–2019, before inflation
- Average household income
- $138,438
- Median home value
- $392,900
- Jobs located here
- 969,903
- Daytime population
- 1,598,583Residents who don’t work, plus everyone whose job is here
Looking at a specific site in Hennepin County?
These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.
Or open the report at the center of Hennepin County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardProperty management across Minnesota
Every Minnesota market ranked →The highest-scoring counties in Minnesota for property management companies, numbered among those based in Minnesota, with Hennepin County marked.
Top counties in Minnesota
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Sherburne County, MN | 81 | 5 | 1.4 | 203 | +6.8% | #25 of 910 |
| 2Carver County, MN | 78 | 6 | 1.5 | 217 | +6.6% | #45 of 910 |
| 3Wright County, MN | 76 | 11 | 2.0 | 141 | +11.1% | #70 of 910 |
| 4Anoka County, MN | 74 | 8 | 0.6 | 486 | +4.7% | #89 of 910 |
| 5Washington County, MN | 68 | 26 | 2.5 | 124 | +6.9% | #162 of 910 |
| 6Scott County, MN | 67 | 12 | 2.2 | 143 | +5.1% | #175 of 910 |
| 7Rice County, MN | 65 | 5 | 2.1 | 122 | +4.2% | #206 of 910 |
| 8Dakota County, MN | 63 | 33 | 1.9 | 154 | +3.9% | #233 of 910 |
| 9Otter Tail County, MN | 58 | 5 | 2.0 | 124 | +1.6% | #313 of 910 |
| 10Olmsted County, MN | 51 | 16 | 2.4 | 119 | +2.3% | #418 of 910 |
| 21Hennepin County, MN | 26 | 245 | 4.5 | 63 | +0.2% | #829 of 910 |
Other business types in Hennepin County
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
- Real estate25
- Real estate agents and brokers26
- Property management26
- Mortgage brokers and lenders21
- Home inspectors47
Funeral services
Questions
How many property management companies are in Hennepin County, MN?
There are 245 property management companies on map listings in Hennepin County as of September 2026. 8 of them (3%) are chain locations. The listings count property management companies. Official counts show 507 businesses with payroll classed as residential and commercial property managers in 2023, up 3.1% from 2019.
How much do households in Hennepin County, MN spend on rent and homeowner costs?
About $8.6B a year, or $15,993 per household. That is 4% below the U.S. average (an index of 96, where 100 is the U.S. average). For the 245 property management companies on map listings, housing spending per company is 37% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 539,493 households in Hennepin County and national spending patterns by income.
How does Hennepin County, MN compare with the U.S. for property management companies?
Hennepin County has 4.5 property management companies per 10,000 households, 50% above the U.S. rate of 3.0. The index of housing spending per company is 63, where 100 is the U.S. At the national ratio of property management companies to household spending, Hennepin County would have about 155, against 245 on map listings. There is one business with payroll in the industry for every 1,064 households, against one for every 1,638 across the U.S. The official count rose 3.1% from 2019 to 2023, against +11.4% for the U.S.
How fast is Hennepin County, MN growing?
Population estimates put Hennepin County at 1,284,784 people in 2025, up 0.2% since 2020, slower than the U.S. (+3.1%). It has 539,493 households. The median household income in Hennepin County is $97,653 a year, 21% above the U.S. median of $80,734. That rose 24.9% 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. 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. Hennepin County scores 26 for property management companies (lower middle), #829 of 910 scored counties.
How can I see the market around a specific site?
Run a Groundwork site report on an address in Hennepin County. It maps the property management companies 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 property management companies · All 56 business types in Hennepin County
Screening a site or an acquisition in Hennepin County?
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 Hennepin County. 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.