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Places/MN/Olmsted
County profile

Olmsted

United States · GDP 2024
#316 of 3,127 US counties by GDP70th-percentile growthmore diversified than 13% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$15.7B
GDP growth
+6.2%
Jobs tracked
107,285
Employers
3,754
Avg. wage
$75.8k
Population
166,731
Labor & formation
Unemployment
3.4%
Median HH income
$95.4k±$3.0k
Business applications
1,608 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

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
Professional services44%
Health care24%
Retail trade13%
Food & accommodation10%
Construction4%
Manufacturing4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
166,731
residents · 2025 · +2.3% since 2020
Income per capita $74.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−2,461
International migration+2,875
Natural change+3,203

GDP trend

2019–2024 · nominal
$12.1B
2019
$12.1B
2020
$12.9B
2021
$13.9B
2022
$14.8B
2023
$15.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$331.7k±$5.6k
Median gross rent
$1.4k/mo±$37/mo
Vacancy rate
5.9%±0.8%
Affordability
4.4× wages
Residential permits
542 (3.3/1k pop)
FEMA risk score
82.3
HUD Fair Market Rent (2BR):$1.4k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 93Tornado 89Hail 83
FHFA HOUSE PRICE INDEX · 2016–2025
506
2016
546
2017
577
2018
601
2019
621
2020
689
2021
770
2022
803
2023
837
2024
858
2025
Wage trend
BLS QCEW · 2019–2023
$75.8k
avg. annual pay · +17% since 2019
Similar US counties
nearest by GDP
Lake$15.7BBrazos$15.7BSangamon$15.7BVanderburgh$15.6BWyandotte$15.5BRensselaer$15.5B
The read

Olmsted's economy produced $15.7B in 2024, growing 6.2% year over year — faster than most US counties. Its largest employment sector is professional services.

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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