Groundwork

Real estate · County · Minnesota

Real estate businesses in Olmsted County, MN

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

Groundwork market score · out of 100

Score 37 out of 100: Lower middle

Ranked #1,803 of 2,229 scored counties
#53 of 65 scored counties in Minnesota

Listings
261
27 chain locations (10%)
Official establishments
139
+28.7% since 2019
Household spending a year
$1.1B
On rent and homeowner costs · $15,768 a household
Housing spending per listing (U.S. = 100)
93
7% below the U.S.
Listings per 10k households
39.0
In line with the U.S.
Population, 2025
166,731
+2.3% since 2020

See the real estate businesses around any address in Olmsted 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 Olmsted 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

Olmsted County scores 37 (lower middle) on the Groundwork market score for real estate businesses, ranking #1,803 of 2,229 scored counties and #53 of 65 scored counties in Minnesota. That puts it in the bottom quarter of counties.

As of September 2026, map listings count 261 real estate businesses in Olmsted County. 27 of them (10%) are chain locations, against 6% across the U.S. That is 39.0 per 10,000 households, in line with the U.S. rate of 38.5.

Households in Olmsted County spend about $1.1B a year on rent and homeowner costs, or $15,768 per household, 5% below the U.S. average. Housing spending per office is 7% below 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.

In 2023, official counts showed 139 businesses with payroll in Olmsted County classed as real estate agents, property managers, mortgage lenders and inspectors, up 28.7% from 2019. That is one for every 481 households, against one for every 414 across the U.S. Population estimates put the population change in Olmsted County from 2020 to 2025 at +2.3%, slower than the U.S. (+3.1%).

How Olmsted 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 Olmsted County, MN compared with Minnesota and the U.S.
MeasureOlmsted CountyMinnesotaU.S.
Listings per 10k households39.036.438.5
Housing spending per listing (U.S. = 100)9396100
Households per official establishment481402414
Official establishment growth, 2019–2023+28.7%+11.5%+15.8%
Population growth, 2020–2025+2.3%+2.1%+3.1%
Spending per household on rent and homeowner costs$15,768$15,162$16,661
Median household income$95,406$89,062$80,734
Groundwork market score3736

Official counts and lending

Businesses

Official establishments, 2019 to 2023
108 → 139+28.7% over the period
Employees, 2023
597
Annual payroll, 2023
$32.4M
One-person businesses, 2023
618Businesses with no payroll
Map listings, September 2026
26127 chain locations
Listings at the U.S. rate for this spending
244The 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 Olmsted 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 Olmsted County

Population, 2025 estimate
166,731+2.3% since 2020
Households
66,918
Median age
38.9
Homes lived in by their owners
71%
Vehicles per household
1.8
Land area
654 sq. mi.
People per square mile
252
Median household income
$95,406+24.0% vs. 2015–2019, before inflation
Average household income
$132,916
Median home value
$331,700
Jobs located here
111,121
Daytime population
185,535Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Olmsted 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 Olmsted County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

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 Olmsted 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
53Olmsted County, MN3726139.093+2.3%#1,803 of 2,229

Other business types in Olmsted County

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

Questions

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

Olmsted County has 261 real estate businesses on map listings as of September 2026. 27 of them (10%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 139 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 28.7% from 2019. Official counts list 618 one-person businesses without payroll.

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

About $1.1B a year, or $15,768 per household. That is 5% below the U.S. average (an index of 95, where 100 is the U.S. average). For the 261 real estate businesses on map listings, housing spending per office is 7% below 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 66,918 households in Olmsted County and national spending patterns by income.

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

Olmsted County has 39.0 real estate businesses per 10,000 households, in line with the U.S. rate of 38.5. The index of housing spending per office is 93, where 100 is the U.S. At the national ratio of real estate businesses to household spending, Olmsted County would have about 244, against 261 on map listings. There is one business with payroll in the industry for every 481 households, against one for every 414 across the U.S. The official count rose 28.7% from 2019 to 2023, against +15.8% for the U.S.

How fast is Olmsted County, MN growing?

Population estimates put Olmsted County at 166,731 people in 2025, up 2.3% since 2020, slower than the U.S. (+3.1%). It has 66,918 households. The median household income in Olmsted County is $95,406 a year, 18% above the U.S. median of $80,734. That rose 24.0% 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. Olmsted County scores 37 for real estate businesses (lower middle), #1,803 of 2,229 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Olmsted 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 Olmsted County

Screening a site or an acquisition in Olmsted 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 Olmsted 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.