Market insights · Minnesota
Olmsted County, MN: growth, migration and housing
Olmsted County has 166,731 residents, up 2.3% since 2020 (+0.6% in the last year). In 2022–2023, 4,869 households moved in and 5,061 moved out (-192 net), while a net $75.3M of income left. Median household income is $95,406, the median home $331,700 and median rent $1,370 a month.
In Minnesota: 26th of 87 counties for 5-year population growth · 33rd of 87 counties for net in-migration (per resident) · 11th of 87 counties for median household income · 11th of 87 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Olmsted County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Hennepin County, MN | 283 | $21.8M |
| Dodge County, MN | 207 | $10.4M |
| Winona County, MN | 171 | $9.1M |
| Mower County, MN | 153 | $6.7M |
| Goodhue County, MN | 139 | $7.8M |
| Ramsey County, MN | 133 | $5.7M |
| Wabasha County, MN | 129 | $6.4M |
| Dakota County, MN | 125 | $10.9M |
Where leavers went
Top counties by households leaving Olmsted County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Hennepin County, MN | 437 | $29.9M |
| Dodge County, MN | 246 | $15.1M |
| Dakota County, MN | 197 | $14.7M |
| Goodhue County, MN | 182 | $12.3M |
| Ramsey County, MN | 176 | $9.7M |
| Winona County, MN | 157 | $8.3M |
| Wabasha County, MN | 155 | $10.1M |
| Mower County, MN | 147 | $9.1M |
BizyFi in Olmsted County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.