County profile
Pennington County, MN
United States · GDP 2024
#1046 of 3,127 US counties by GDP38th-percentile growthmore diversified than 9% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$2.7B
BEA · 2024
GDP growth (YoY)
+3.2%
BEA · 2024
Jobs tracked
8,929
Census CBP · 2023
Employers
365
Census CBP · 2023
Avg. wage
$56.2k
BLS QCEW · 2023
Population
13,686
Census PEP · 2025
Labor, income & education
Unemployment
5.1%
Median HH income
$77.3k±$5.2k
Bachelor's degree+
21.0%±2.5%
Poverty rate
10.5%±2.1%
Business applications
110 · 2025
Retail establishments
64
46.5/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
Wholesale trade47%
Manufacturing14%
Health care13%
Retail trade12%
Food & accommodation9%
Other services4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
13,686
residents · 2025 · -1.8% since 2020
Income per capita $71.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−376
International migration+137
Natural change−10
GDP trend
2019–2024 · nominal
$1.9B2019
$1.9B2020
$2.4B2021
$2.6B2022
$2.7B2023
$2.7B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$195.5k±$10.1k
Median gross rent
$862/mo±$67/mo
Vacancy rate
8.7%±2.8%
Affordability
3.5× wages
Residential permits
$303.2k
1 units · 0.1/1k pop
FEMA risk score
47.0
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Wildfire 82Winter weather 77Drought 70
FHFA HOUSE PRICE INDEX · 2016–2025
2962016
2952017
3012018
3112019
3222020
3382021
3762022
3682023
3802024
3762025
RESIDENTIAL PERMITS · 2021–2025
↓ -99% since 20211472021
82022
82023
102024
12025
Transport access
BTS · FAA · USACE
Nearest interstate
79.1 km
I-29
Nearest freight rail
7.5 km
CPKC
Nearest port
203.5 km
INTERNATIONAL FALLS
Nearest commercial airport
11.1 km
THIEF RIVER FALLS RGNL
Wage trend
BLS QCEW · 2019–2023$56.2k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Pennington?
Pennington's economy produced $2.7B in 2024, growing 3.2% year over year — slower than 62% of US counties. Its largest employment sector is wholesale trade.
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.