Groundwork

Real estate · County · Minnesota

Real estate businesses in Nicollet County, MN

Competitor counts, household spending and official business counts for real estate businesses in Nicollet County, MN, set against other counties and the U.S.

Groundwork market score · out of 100

Score 66 out of 100: Upper middle

Ranked #337 of 2,229 scored counties
#4 of 65 scored counties in Minnesota

Listings
19
2 chain locations (11%)
Official establishments
6
Businesses with payroll, 2023
Household spending a year
$189.7M
On rent and homeowner costs · $14,590 a household
Housing spending per listing (U.S. = 100)
230
2.3 times the U.S.
Listings per 10k households
14.6
62% below the U.S.
Population, 2025
34,273
−0.7% since 2020

See the real estate businesses around any address in Nicollet County

The site report maps the real estate businesses 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 Nicollet County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

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

What this means

Map listings as of September 2026 show 19 real estate businesses in Nicollet County. 2 of them (11%) are chain locations, against 6% across the U.S. Per 10,000 households, that is 14.6, 62% below the U.S. rate of 38.5.

Households in Nicollet County spend about $189.7M a year on rent and homeowner costs, or $14,590 per household, 12% below the U.S. average. Housing spending per office is 2.3 times the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

Official counts show 6 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in Nicollet County in 2023. That is one for every 2,167 households, against one for every 414 across the U.S. Another 88 one-person businesses have no payroll, by official counts.

Population estimates show Nicollet County declined 0.7% from 2020 to 2025, against +3.1% for the U.S. The Groundwork market score for real estate businesses in Nicollet County is 66 (upper middle), #337 of 2,229 scored counties and #4 of 65 scored counties in Minnesota. That puts it in the top quarter of counties.

How Nicollet 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.

Real estate in Nicollet County, MN compared with Minnesota and the U.S.
MeasureNicollet CountyMinnesotaU.S.
Listings per 10k households14.636.438.5
Housing spending per listing (U.S. = 100)23096100
Households per official establishment2,167402414
Official establishment growth, 2019–2023n/a+11.5%+15.8%
Population growth, 2020–2025−0.7%+2.1%+3.1%
Spending per household on rent and homeowner costs$14,590$15,162$16,661
Median household income$79,756$89,062$80,734
Groundwork market score6636

Official counts and lending

Businesses

Official establishments, 2019 to 2023
9 → 6
Employees, 2023
7
Annual payroll, 2023
$220K
One-person businesses, 2023
88Businesses with no payroll
Map listings, September 2026
192 chain locations
Listings at the U.S. rate for this spending
44The 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 real estate agents, property managers, mortgage lenders and inspectors in Nicollet 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 Nicollet County

Population, 2025 estimate
34,273−0.7% since 2020
Households
13,002
Median age
38.4
Homes lived in by their owners
72%
Vehicles per household
2.0
Land area
448 sq. mi.
People per square mile
77
Median household income
$79,756+18.3% vs. 2015–2019, before inflation
Average household income
$112,374
Median home value
$270,300
Jobs located here
15,748
Daytime population
33,573Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Nicollet 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 real estate businesses on map listings by name and distance.

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

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Real estate across Minnesota

Every Minnesota market ranked →

The highest-scoring counties in Minnesota for real estate businesses, numbered among those based in Minnesota, with Nicollet County marked.

Top counties in Minnesota

Counties in Minnesota ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Dodge County, MN791012.4282+2.3%#41 of 2,229
2Fillmore County, MN711011.5280+1.4%#186 of 2,229
3Kanabec County, MN681015.2205+3.6%#278 of 2,229
4Nicollet County, MN661914.6230−0.7%#337 of 2,229
5Clay County, MN643613.6240+3.6%#403 of 2,229
6Carlton County, MN642014.2229+1.4%#407 of 2,229
7Sibley County, MN631016.9195+3.6%#459 of 2,229
8Polk County, MN61118.9354−1.8%#523 of 2,229
9Faribault County, MN61813.2233−0.1%#531 of 2,229
10Wadena County, MN61813.2224+1.9%#533 of 2,229

Other business types in Nicollet County

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

Questions

How many real estate businesses are in Nicollet County, MN?

There are 19 real estate businesses on map listings in Nicollet County as of September 2026. 2 of them (11%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 6 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023. Official counts list 88 one-person businesses without payroll.

How much do households in Nicollet County, MN spend on rent and homeowner costs?

About $189.7M a year, or $14,590 per household. That is 12% below the U.S. average (an index of 88, where 100 is the U.S. average). For the 19 real estate businesses on map listings, housing spending per office is 2.3 times the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 13,002 households in Nicollet County and national spending patterns by income.

How does Nicollet County, MN compare with the U.S. for real estate businesses?

Nicollet County has 14.6 real estate businesses per 10,000 households, 62% below the U.S. rate of 38.5. The index of housing spending per office is 230, where 100 is the U.S. At the national ratio of real estate businesses to household spending, Nicollet County would have about 44, against 19 on map listings. There is one business with payroll in the industry for every 2,167 households, against one for every 414 across the U.S.

How fast is Nicollet County, MN growing?

Population estimates put Nicollet County at 34,273 people in 2025, down 0.7% since 2020, against +3.1% for the U.S. It has 13,002 households. The median household income in Nicollet County is $79,756 a year, in line with the U.S. median of $80,734. That rose 18.3% 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. Nicollet County scores 66 for real estate businesses (upper middle), #337 of 2,229 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Nicollet County. It maps the real estate businesses 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 real estate businesses · All 56 business types in Nicollet County

Screening a site or an acquisition in Nicollet 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 Nicollet 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.