Relocation Guide

Jump To... ---------------------------------------- CLIMATE LOCATION POPULATION WORKFORCE CHARACTERISTICS PER CAPITA INCOME MEDIAN HOUSEHOLD INCOME HOME SALES LABOR FORCE PARTICIPATION RATE SALES TAX MAJOR EMPLOYERS FINANCIAL INSTITUTIONS TRANSIT INFRASTRUCTURE ELECTRIC NATURAL GAS TELECOMMUNICATIONS WIRELESS TELECOMMUNICATIONS CABLE TELEVISION INTERNET SERVICE HIGHWAY DISTANCE TO MAJOR CITIES ECONOMIC DEVELOPMENT PARTNERS CHAMBER MEMBER DEVELOPERS OTHER DEVELOPERS DEMOGRAPHIC INFORMATION BUSINESS CONSULTING SERVICES

Relocation Information on the State of Minnesota

Rural Minnesota Relocation Information

The population within a 60 mile radius of Mankato / North Mankato is 1,034,333 which includes 12 counties in Minnesota (Source: US Census Bureau, Census 2000).

Both Mankato and North Mankato were designated "dreamtowns" by Demographics Daily. Cities in the study had a population of 10,000 to 50,000 and were ranked according to quality of life indicators. They included vitality, supply of good jobs, freedom from stress, connection to cultural mainstream, support for schools, access to health care, low cost of living and small-town character.

In terms of business climate, BizDemographics awarded Mankato an "A," a sign of excellent economic health. Mankato ranked 25th out of 39 small cities to receive an "A". The Study looked at 18 economic and demographic categories, including population growth, per capita income, job growth and local educational levels.

GREATER MANKATO AREA CLIMATE

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RELOCATION & BUSINESS RESOURCE GUIDE

The Relocation and Business Resource Guide features relocation information, community demographic and information on healthcare, education, business and housing. In addition, history and overall quality of life issues are discussed. View the PDF

LOCATION			MANKATO	NORTH MANKATO
County			Blue Earth	Nicollet
Region			9	9
Distance Minneapolis/St.Paul			75 miles SW	75 miles SW
Senate District			23	23
House District			23B	23A
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POPULATION			1990	2001 ESTIMATE
Mankato			38,477	39,422
Blue Earth County			54,044	56,085
North Mankato			11,628	12,944
Nicollet County			28,076	29,771
(Source: Census of Population and Housing Claritas, February 2002)   Back to top
WORKFORCE CHARACTERISTICS	CIVILIAN	EMPLOYED	UNEMPLOYMENT RATE
Mankato	18,652	1,145	4.2%
Blue Earth County	31,468	1,525	4.6%
North Mankato	6,893	218	3.1%
Nicollet County	16,757	783	4.5%
(Source: US Bureau of the Census, Census 2000)
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PER CAPITA INCOME			1990 CENSUS	2000 CENSUS
Mankato			N/A	$17,652
Blue Earth County			$11,125	$18,712
North Mankato			N/A	$23,916
Nicollet County			$12,358	$20,517
(Source: US Bureau of the Census, Census 2000)
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MEDIAN HOUSEHOLD INCOME			1990 CENSUS	2000 CENSUS
Mankato			N/A	$33,956
Blue Earth County			$25,366	$38,940
North Mankato			N/A	$48,816
Nicollet County			$30,491	$46,170
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SINGLE FAMILY HOME MEDIAN LISTING PRICE - MAY 2002
Mankato			$162,500
North Mankato			$193,500
(Source: Mankato Multiple Listing Service - May 2002)   Back to top
LABOR FORCE PARTICIPATION RATE
Blue Earth County Female			61.9%
Nicollet County Female			66.7%
State Minnesota - both			62.5%
(Source: MDES 1990 Census Data)
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SALES TAX
Minnesota sales tax			6.5%
Mankato sales tax			.05%
Mankato shopping tax			7.0% (State + Mankato = Mankato shopping tax)
Lodging tax			3.00%
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MAJOR EMPLOYERS			PRODUCT/SERVICES	EMPLOYEES
AgStar Financial Services			Rural financing	365
Atlantis Plastics			Plastic extrusion	188 (two plants)
Cenex/Harvest States			Soybean processor	196
Coloplast Corporation			Medical skin care	84
Coughlan Companies			Building materials, publishing	200
Dotson Company, Inc.			Iron castings	120
EI Microcircuits			Circuit board assembly/design	162
Free Press Company			Newspaper printing	125
Harry Meyering Center			Disabled adult facility	225
HickoryTech			Communications	400
Hiniker Company			Agricultural implements	150
Hubbard Feeds, Inc.			Pet food, animal feed	130
Immanuel-St. Joseph's Mayo Health System			Medical Care	1,492
Jones Metal Products			Metal fabricating	125
Kato Engineering			Electric rotating equipment	450
Katolight Corporation			Emergency generators	156
Mankato Clinic			Medical care	512
MRCI (Mankato Rehabilitation Center)			Adult rehabilitation/packaging	852
MICO, Inc.			Hydraulic brake systems	284
Midwest Electric Products, Inc.			Outdoor electric boxes	230
Midwest Wireless			Communications	356
Minnesota Elevator, Inc.			Commercial elevator	189
Minnesota State University, Mankato			Education	1,300
MinnKota Operations-Johnson Outdoors			Fishing and sports equipment	175
Perfecseal Mankato			Thermoforming, packaging	145
Southern Minnesota Construction Company			Commercial construction	275
Taylor Corporation			Commercial and social printing	4,100
Thin Film Technology			Electronic components	130
The Thro Company			Nursing and assisted living facilities	80
TruServ Corporation			Distributors	122
V-Tek, Inc.			Electronic component packaging	100
Vetter Stone Company			Building stone	103
Winland Electronic, Inc.			Electronic assembly, sensors	107
Wis-Pak, Inc.			Carbonated beverages	135
Year-Around-Cab Corporation			Tractor cabs, earth busters	100
Young America Corporation			Rebate/coupon fulfillment	480
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FINANCIAL INSTITUTIONS (Total Assets as of June 2001)
Alliance Bank (all locations)			$8.4 million
Commercial Federal Bank (all locations)			$12.7 million
Community Bank (all locations)			$78.6 million
First Federal Bank			--
MinnStar Bank (all locations)			$75.1 million
Northern Star Bank			$39.1 million
ProGrowth Bank (all locations)			$51.9 million
First National Bank of Minnesota			$102.0 million
Pioneer Bank (all locations)			$97.7 million
TCF Bank (all locations)			$11.6 billion
US Bank (all locations)			$80.5 billion
Valley Bank			$99.7 million
Voyager Bank (all locations)			$212.5 million
Wells Fargo Bank (all locations)			$39.2 billion
Wells Federal Bank (all locations)			216.6 million
(Source: Federal Deposit Insurance Corporation)
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GOVERNMENT			Mankato	North Mankato
ORGANIZATION			Manager Council	Modified Mayor Council
REFUSE SERVICE			Private	Private
TRANSIT INFRASTRUCTURE
Bus			Bus Service Intra City Greyhound & Mankato Heartland Express Mankato Land to Air Express
Air			Airport: Mankato Municipal Distance to Airport: 5 miles NE
Highways			Interstate Highways - 50 miles to I-90, 40 miles to I-35 U.S. Highways - 169 & 14