Places/MN/Scott County, MN
County profile

Scott County, MN

United States · GDP 2024
#412 of 3,127 US counties by GDPtop-quartile growthmore diversified than 93% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$11.0B
BEA · 2024
GDP growth (YoY)
+8.2%
BEA · 2024
Jobs tracked
60,419
Census CBP · 2023
Employers
3,655
Census CBP · 2023
Avg. wage
$59.4k
BLS QCEW · 2023
Population
159,017
Census PEP · 2025
Labor, income & education
Unemployment
4.2%
Median HH income
$119.3k±$4.0k
Bachelor's degree+
44.1%±1.4%
Poverty rate
4.6%±0.7%
Business applications
1,922 · 2025
Retail establishments
319
20.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Electromed, Inc.Healthcare$64.0M80B+2Canterbury Park Holding CorporationConsumer Cyclical$59.6M48D

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
Transportation23%
Manufacturing20%
Food & accommodation17%
Retail trade15%
Health care13%
Construction12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
159,017
residents · 2025 · +5.1% since 2020
Income per capita $84.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,501
International migration+2,427
Natural change+3,717

GDP trend

20192024 · nominal
$7.3B
2019
$7.0B
2020
$8.1B
2021
$9.4B
2022
$10.1B
2023
$11.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$419.4k±$8.1k
Median gross rent
$1.6k/mo±$61/mo
Vacancy rate
3.0%±0.7%
Affordability
7.1× wages
Residential permits
$315.8M
883 units · 5.6/1k pop
FEMA risk score
76.6
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 99Tornado 89Hail 89
FHFA HOUSE PRICE INDEX · 20162025
476
2016
500
2017
527
2018
545
2019
561
2020
615
2021
699
2022
723
2023
739
2024
757
2025
RESIDENTIAL PERMITS · 20212025
-15% since 2021
1,039
2021
1,211
2022
887
2023
699
2024
883
2025

Transport access

BTS · FAA · USACE
Nearest interstate
19.1 km
I-35
Nearest freight rail
4.4 km
UP
Nearest port
20.8 km
CARGILL WEST, SAVAGE ELEVATOR WHARF
Nearest commercial airport
36.0 km
MINNEAPOLIS-ST PAUL INTL/WOLD-CHAMBERLAIN
Wage trend
BLS QCEW · 20192023
$59.4k
avg. annual pay · +15% since 2019
The read

What is the GDP of Scott?

Scott's economy produced $11.0B in 2024, growing 8.2% year over yearfaster than most US counties. Its largest employment sector is transportation.

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.