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Economic Atlas
Places/MN/Carver
County profile

Carver

United States · GDP 2024
#550 of 3,127 US counties by GDP65th-percentile growthmore diversified than 89% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$7.6B
GDP growth
+5.7%
Jobs tracked
39,280
Employers
2,714
Avg. wage
$66.9k
Population
114,379
Labor & formation
Unemployment
3.7%
Median HH income
$125.9k±$3.7k
Business applications
1,334 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Life Time Group Holdings, Inc.Consumer Cyclical$3.0B65B2Lifecore Biomedical, Inc.Healthcare$75.5M65B3Panbela Therapeutics, Inc.Healthcare$1.4M——4Mike Lindell Media, Corp.Communication Services$3.3k——

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing31%
Health care20%
Retail trade17%
Food & accommodation14%
Professional services10%
Construction9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
114,379
residents · 2025 · +6.6% since 2020
Income per capita $96.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+3,682
International migration+842
Natural change+2,577

GDP trend

2019–2024 · nominal
$5.7B
2019
$5.5B
2020
$6.2B
2021
$6.9B
2022
$7.2B
2023
$7.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$453.6k±$7.4k
Median gross rent
$1.5k/mo±$76/mo
Vacancy rate
2.6%±0.6%
Affordability
6.8× wages
Residential permits
960 (8.4/1k pop)
FEMA risk score
59.7
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 94Hail 86Tornado 79
FHFA HOUSE PRICE INDEX · 2016–2025
460
2016
485
2017
510
2018
526
2019
538
2020
589
2021
665
2022
688
2023
706
2024
733
2025

Transport access

BTS · FAA · USACE
Nearest interstate
29.4 km
I-494
Nearest freight rail
6.0 km
TCWR
Nearest port
35.1 km
CARGILL WEST, SAVAGE ELEVATOR WHARF
Nearest commercial airport
46.3 km
MINNEAPOLIS-ST PAUL INTL/WOLD-CHAMBERLAIN
Filing activity
SEC EDGAR

11 filings from 2 companies here in the last 90 days.

8-KLifecore Biomedical, Inc.07-02
8-KLifecore Biomedical, Inc.06-05
8-KLife Time Group Holdings, Inc.05-20
8-KLife Time Group Holdings, Inc.05-07
8-KLifecore Biomedical, Inc.05-06
8-KLife Time Group Holdings, Inc.05-06
10-QLifecore Biomedical, Inc.05-06
10-QLife Time Group Holdings, Inc.05-05
8-KLife Time Group Holdings, Inc.05-05
8-KLife Time Group Holdings, Inc.04-24
Wage trend
BLS QCEW · 2019–2023
$66.9k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDP
Humboldt$7.6BJames City + Williamsburg$7.6BBossier$7.7BParker$7.6BSumter$7.6BLaSalle$7.7B
The read

Carver's economy produced $7.6B in 2024, growing 5.7% year over year — faster than most US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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