Douglas County
Econ om i c D e ve l o pment P ro fil e | 2 0 2 1
Population 22,359
Dougl as Coun ty
39,006
Re s id ents
2.4%
Dougl a s Count y
L a b o r fo rce & Un em p l oy m e n t R a t e
Housing $229,511
Me dian Va l ue of Homes
$63,819
Median Household Income
Education 66.7%
C o llege Educated
96%
98%
Jo b Pl a ce m e n t r a t e fo r ATC C st ude n t s
Average High School Graduation Rate Alexandria Area Economic Development Commission | livingalexarea.org
The Alexandria area economy provides opportunities for career growth while still having a relaxed small-town feel. We have outdoor recreation for all seasons to fit your active lifestyle and most big-city amenities without the traffic and congestion…that’s Living Alexandria Area!
Current age of Population Source: https://livingalexarea.org/demographics/
2020 | 39,006 2010 | 36,009 2000 | 32,821
birth to 19
9,093
People
1990 | 28,674
Population 26% Growth Douglas County
age 20 to 44
10,591 People
Population projections Source: https://mn.gov/admin/demography/data-by-topic/population-data/our-projections/
age 45 to 64
9,748
People
age 65 +
9,194
People
Alexandria Area Economic Development Commission | livingalexarea.org
Top Industries & Employment Source: https://apps.deed.state.mn.us/lmi/qcew/ResultsDisp.aspx
Our area is industries
home
to
including
many diverse Manufacturing,
Healthcare, Service, Tourism, and Retail. Over 1,400 companies have found that our area offers a balance not only for their business but, also for their lives and families.
The average commute time for
workers in Douglas County is 18 minutes which is lower than the Minnesota average of 24 minutes.
Douglas County residents make
up 86% of the workforce, for a total of
Natural Resources - 106 (1%)
Education & Health Services 4,517 (26%)
Information 271 (2%) Public admin 512 (3%) Financial Services 750 (4%) Construction 885 (5%)
16,342. Source: https://mn.gov/deed/data/data-tools/county-profiles/
Professional Services 899 (5%)
Trade, Transportation & utilities 4,000 (23%)
Manufacturing 3,662 (21%) Hospitality 1,786 (10%)
Labor force & Unemployment Rates Source: https://apps.deed.state.mn.us/lmi/laus/Default.aspx
7,956
22,359
3,036,134
Alexandria
Douglas County
Minnesota
2.9%
2.4%
3.4%
Douglas County
Minnesota
Alexandria
Top 10 Large Employers
Industry
Alomere Health
Healthcare
868
Douglas Machine, Inc.
Manufacturing
737
Alexandria Public Schools
Education
609
Knute Nelson
Healthcare
482
Alexandria Industries
Manufacturing
437
3M – Alexandria
Manufacturing
400
Central Specialties
Construction
325
Douglas County
Government
308
Brenton Engineering
Manufacturing
265
Aagard
Manufacturing
264
Industry Weekly Wages https://apps.deed.state.mn.us/lmi/qcew/ResultsDisp.aspx
Number of Employees
**Douglas County employees only
Alexandria Area Economic Development Commission | livingalexarea.org
Douglas County offers a range of residential, industrial and commercial property opportunities. Douglas County’s current housing vacancy rate is 17.2%. Alexandria has a vacancy rate of 4.6%.
Real Estate & Building Source: Minnesota Realtors, Douglas County, City of Alexandria & Alexandria Township
ALEXANDRIA total housing units
7,270
DOUGLAS COUNTY total housing units
21,544 992
40
Residential Units Sold
Median Sale Price
Alexandria Permits
Alexandria Commercial Building Permits
Commercial Units Sold
Average Sale Price
1326
16
Douglas county Permits
Douglas county Commercial Building Permits
114
3
Alexandria Township Permits
Alexandria Township Commercial Building Permits
737 7
Land Units Sold
247
$254,000 $344,000
Average Sale Price
$102,280
Taxable Market Values Source: Douglas County
City Tax Rates Source: Douglas County
Douglas County is home to three public school districts and a number of private education options, serving over 5,200 students. Each school provides a strong education framework for students as well as providing additional cources and learning possibilities.
Alexandria Technical & Community College has 44 focused programs to choose from. The college’s connections to business and industry ensures currency and trade standards in its technical degrees, delivering a highly skilled workforce. ATCC is a member of the Minnesota State system, currently serves 2,377 students. www.alextech.edu
Education | K-12 & Higher Ed Source: https://rc.education.mn.gov/#staffing/orgId--10206000000__groupType--district__categories--T__p--31/orgId--10213000000__groupType--district__categories--T__p--31/ orgId--12908000000__groupType--district__categories--T__p--31
Districts
Website
S t u de n t E n r o llm e n t
S t u de n t / T e ac h e r R at i o
G r adu at i on R at e
Alexandria
www.alexschools.org
4,064
16 to 1
94%
www.b-e.k12.mn.us
439
16 to 1
97%
www.osakis.k12.mn.us
790
16 to 1
98%
Brandon-Evansville Osakis
Household Income
Lending Environment
Source: https://data.census.gov/cedsci/table?q=Douglas%20 County,%20Minnesota&t=Income%20%28Households,%20 Families,%20Individuals%29&tid=ACSST5Y2019.S1901
$
63,819
Median Household Income
Douglas County
Source: https://www7.fdic.gov/sod/sodInstBranchRpt.asp?sCounty=Douglas&sCityType=USPS&submit1=Continue&barItem=1
Institution American National Bank of MN Bell Bank Bremer Bank NA First Security Bank of Evansville
$
83,938
2019 Deposits
2020 Deposits
2021 Deposits
2020-2021 Difference
$12,952,000.00
$16,662,000.00
$22,984,000.00
38%
$137,432,000.00
$170,069,000.00
$237,969,000.00
40%
$308,994,000.00
$354,905,000.00
$425,146,000.00
20%
$17,298,000.00
$18,609,000.00
$21,205,000.00
14%
First Western Bank & Trust
$93,703,000.00
$105,991,000.00
$116,538,000.00
10%
Gate City Bank
$14,803,000.00
$20,703,000.00
$27,175,000.00
31%
Glenwood State Bank
$89,076,000.00
$106,383,000.00
$134,596,000.00
27%
Average Household Income
Hometown Community Bank
$11,523,000.00
$14,828,000.00
$16,604,000.00
12%
Douglas County
Kensington Bank
$43,641,000.00
$50,141,000.00
$54,352,000.00
8%
$16,541,059.00
$19,452,600.00
$23,954,000.00
23%
Mid Minnesota Federal Credit Union
$
52,984
Median Household Income
City of Alexandria
Neighborhood National Bank
$39,683,000.00
$44,633,000.00
$48,439,000.00
9%
The First National Bank of Osakis
$56,363,000.00
$62,825,000.00
$74,218,000.00
18%
US Bank NA
$62,383,000.00
$71,803,000.00
$81,108,000.00
13%
Vantage Bank
$14,325,000.00
$21,464,000.00
$32,945,000.00
53%
Viking Bank
$131,365,000.00
$144,724,000.00
$158,401,000.00
9%
Wells Fargo Bank NA
$110,746,000.00
$129,180,000.00
$141,966,000.00
10%
$1,144,287,000.00
$1,332,920,000.00
$1,617,600,000.000
21%
$167,871,000.00
$187,763,000.00
$182,428,000.00
-3%
$1,330,458,000.00
$1,603,997,000.00
$1,746,324,000.00
9%
$351,298,000.00
$383,911,000.00
$445,803,000.00
16%
Stearns County
$5,090,146,000.00
$5,987,771,000.00
$6,107,520,000.00
2%
Stevens County
$309,099,000.00
$372,802,000.00
$412,054,000.00
11%
$317,886,000.00
$371,896,000.00
$383,574,000.00
3%
Total Douglas County Deposits Grant County Ottertail County Pope County
Todd County
Alexandria Area Economic Development Commission | livingalexarea.org
Boundless recreation at beautiful lakes and parks. Top-notch education and healthcare facilities. All the dining, shopping and entertainment amenities you can think of. Photos Courtesy of: LICIA MARIE PHOTOGRAPHY
Arts Centers
Over
5
Natural Beauty | Adventure
350
Lakes
110
Miles of Trail
23
Local Parks
Lake Carlos State Park Lake Carlos State Park’s 1,214 acres offer a variety of recreational activities. Clear and deep, Lake Carlos provides visitors a perfect setting for swimming, fishing, boating, camping, hiking, and horseback riding. In the winter, snowshoe and ski from the tamarack bog to a maple-basswood forest.
For continued demographic updates visit www.https://livingalexarea.org/demographics/