County profile
Steele County, MN
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
BEA · 2024
GDP growth (YoY)
+5.2%
BEA · 2024
Jobs tracked
18,853
Census CBP · 2023
Employers
1,024
Census CBP · 2023
Avg. wage
$58.7k
BLS QCEW · 2023
Population
37,464
Census PEP · 2025
Labor, income & education
Unemployment
5.5%
Median HH income
$84.2k±$5.6k
Bachelor's degree+
28.0%±2.1%
Poverty rate
8.3%±1.6%
Business applications
1,675 · 2025
Retail establishments
145
38.7/10k 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
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
$2.4B2019
$2.3B2020
$2.5B2021
$2.6B2022
$2.7B2023
$2.9B2024
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
$13.5M
54 units · 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
2312016
2452017
2572018
2672019
2762020
3072021
3452022
3712023
3862024
4062025
RESIDENTIAL PERMITS · 2021–2025
↓ -61% since 20211402021
2142022
1482023
282024
542025
Transport access
BTS · FAA · USACE
Nearest interstate
1.8 km
I-35
Nearest freight rail
2.3 km
UP
Nearest port
81.4 km
RED WING GRAIN ELEVATOR DOCK
Nearest commercial airport
59.5 km
ROCHESTER INTL
Wage trend
BLS QCEW · 2019–2023$58.7k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Steele?
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.