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Blue Earth County, MN

RANK #138 / 996  ·  POP 69,022  ·  MN

PROJECTED GROWTH: +2.5%

Blue Earth County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Blue Earth County?

Blue Earth County, Minnesota, stands out for its namesake, the Blue Earth River, known for its distinctive blue-green clay that once drew French explorers. Located in south-central Minnesota, with Mankato as its county seat, the area is about an hour and a half drive south of Minneapolis. The community offers a blend of agricultural landscapes and natural beauty, including numerous rivers, over 30 lakes, and wooded bluffs, providing opportunities for outdoor recreation like hiking and camping. Commutes within the county are generally manageable, with several transit options available, including a dial-a-ride service connecting its various towns.

Life in Blue Earth County offers a quieter pace, appealing to families and those seeking a close-knit community. Public schools in the county are generally well-regarded. The economy is diverse, with agriculture remaining a core industry, particularly in hog, corn, and soybean production. Beyond agriculture, the county serves as a regional center for education, healthcare, and manufacturing. Recent economic developments include investments in energy efficiency across county facilities and broader initiatives to support local businesses and housing.

[02] Market Snapshot

Housing Ratio
3.8x

Undervalued relative to economy

GDP Growth
+5.7%

Well above national median

Home Prices
+4.5%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
15x

Above national median (13x)

Housing looks undervalued at 3.8x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Blue Earth County U.S. National

The Numbers

DEMOGRAPHICS
Population
69,022
+0.65% YoY
Median Household Income
$70,906
Median Home Value
$239,200
+4.5% 12mo
Median Rent
$1,007
Average Annual Pay
$56,997
+3.6% YoY
Employment
41,255
+2.5% YoY
Income-to-Home-Value
0.2964
More affordable than average
Migration Inflow
7.62%
of pop. from another state

Market Activity

REAL ESTATE
Building Permits (2024)
271
Single-Family Permits
81

[05] Capital Investment

$599M
TOTAL
PROJECT AMOUNT STATUS
Wilmarth - Fieldon 345.0kV Solar Project
None
$299M Planned
AAIM Minnesota 1 Data Center Expansion
AAIM Data Centers
$150M Under Construction
SunStar Solar Project (Verona Township)
Invenergy Solar
$150M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +5.7% 89 percentile
Population Growth +0.7% 59 percentile
Income Growth +9.1% 65 percentile
Vacancy Rate 1.3% 33 percentile
Home Price Change +4.5% 87 percentile
Rent Growth +11.6% 98 percentile
Price/Rent 15x 36 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Blue Earth County, MN a good place to move to?

Blue Earth County has a Boom Town Index score of 86/100, ranking #138 among 996 U.S. counties. With job growth at +2.5% and a median household income of $70,906, it's an above-average county on economic indicators.

Is Blue Earth County affordable?

The median home value in Blue Earth County is $239,200 with median rent at $1,007/month. The income-to-home-value ratio is 0.2964, which is more affordable than the national average.

Is Blue Earth County growing or shrinking?

Population growth: +0.7% year-over-year. Job growth: +2.5%. Home values changed +4.5% in the past 12 months.

Are people moving to Blue Earth County?

Yes — 7.62% of Blue Earth County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Saginaw County, MI 96 Oneida County, NY 96 Suffolk city, VA 96 Onondaga County, NY 96 Waupaca County, WI 96 Niagara County, NY 96 Garfield County, CO 96 Lake County, IL 96