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Economic Atlas
Places/MN/Steele
County profile

Steele

United States · GDP 2024
#1011 of 3,127 US counties by GDP60th-percentile growthmore diversified than 59% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$2.9B
GDP growth
+5.2%
Jobs tracked
18,853
Employers
1,024
Avg. wage
$58.7k
Population
37,464
Labor & formation
Unemployment
4.4%
Median HH income
$84.2k±$5.6k
Business applications
1,675 · 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
Manufacturing33%
Retail trade18%
Health care17%
Finance & insurance17%
Food & accommodation10%
Admin & support7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
37,464
residents · 2025 · +0.2% since 2020
Income per capita $61.0k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−390
International migration+299
Natural change+165

GDP trend

2019–2024 · nominal
$2.4B
2019
$2.3B
2020
$2.5B
2021
$2.6B
2022
$2.7B
2023
$2.9B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$245.4k±$8.3k
Median gross rent
$1.1k/mo±$69/mo
Vacancy rate
5.4%±1.5%
Affordability
4.2× wages
Residential permits
54 (1.4/1k pop)
FEMA risk score
37.2
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 80Hail 77Tornado 71
FHFA HOUSE PRICE INDEX · 2016–2025
231
2016
245
2017
257
2018
267
2019
276
2020
307
2021
345
2022
371
2023
386
2024
406
2025
Wage trend
BLS QCEW · 2019–2023
$58.7k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
St. Joseph$2.9BQueen Anne's$2.9BMarion$2.9BUintah$2.9BTehama$2.9BChaves$2.9B
The read

Steele's economy produced $2.9B in 2024, growing 5.2% 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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