Douglas County
Econ o m i c D e ve l o pme nt P ro fil e | 2 0 2 0
Population 20,622
Dougl as Coun ty
38,141
4.4%
Dougl as Coun ty
Re s id ents Wo r k fo rce & Un e m p l oy me n t R a t e
Housing $209,800
Me dian Value of Homes
$60,676
Median Household Income
Education 65.6%
Co lle ge Ed u cated
96%
94%
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 congestion‌that’s Living Alexandria Area!
Current age of Population Source: mn.gov/deed/assets/082820_douglasco_tcm1045-407482.pdf
2019 | 38,141
birth to 17
2010 | 36,009 2000 | 32,821
7,860 People age 18 to 44
1990 | 28,674
Population 25% Growth Douglas County
11,295 People age 45 to 64
Population projections Source: https://mn.gov/admin/demography/data-by-topic/population-data/our-projections/
9,803 People age 65 +
8,926 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, to name a few. Over 1,400 companies
Natural Resources - 98 Information 181 Public admin 693
have found that our area offers a balance not only for their business but for their lives and families.
The average commute time for
workers in Douglas County is 18 minutes which is lower than the Minnesota average
Trade, Transportation & utilities 4,090 (23%)
Financial Services 754
of 24 minutes.
Education & Health Services 4,807 (27%)
Douglas County residents make
up 85% of the workforce, for a total of 16,106. Source: https://mn.gov/deed/data/data-tools/county-profiles/
Professional Services 754 Construction 888
Hospitality 2,107 (12%)
Manufacturing 3,565 (20%)
Workforce & Unemployment Rates Source: https://apps.deed.state.mn.us/lmi/laus/Default.aspx
7,299
20,622
2,898,036
Alexandria
Douglas County
Minnesota
5.5%
4.4%
7.1%
Douglas County
Minnesota
Alexandria
Top 10 Large Employers
Industry
Alomere Health
Healthcare
925
Douglas Machine, Inc.
Manufacturing
709
Alexandria Public Schools
Education
619
Knute Nelson
Healthcare
472
Alexandria Industries
Manufacturing
415
3M – Alexandria
Manufacturing
400
Douglas County
Government
322
Central Specialties
Construction
300
Brenton Engineering
Manufacturing
240
Donnelly Custom Manufacturing
Manufacturing
210
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 rental market has a vacancy rate of 5.4%.
Real Estate & Building Source: Minnesota Realtors, Douglas County, City of Alexandria & Alexandria Township
ALEXANDRIA HOUSEHOLDS
6,860
DOUGLAS COUNTY HOUSEHOLDS
16,395
Residential Units Sold
Median Sale Price
Commercial Units Sold
Average Sale Price
641 15
Land Units Sold
189
$227,500 $382,283
Average Sale Price
953
57
Alexandria Permits
Alexandria Commercial Building Permits
828
16
Douglas county Permits
Douglas county Commercial Building Permits
154
0
Alexandria Township Permits
Alexandria Township Commercial Building Permits
$84,143
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 4,800 students. Each school provides a strong education framework for students as well as providing additional cources and learning possibilities.
Alexandria Technical & Community College is ranked 8th best Community College in the nation, and #1 in Minnesota. 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 3,811 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
3,774
16 to 1
91%
www.b-e.k12.mn.us
417
14 to 1
100%
www.osakis.k12.mn.us
755
16 to 1
97%
Brandon-Evansville Osakis
Household Income
Lending Environment
Source: https://data.census.gov/cedsci/all?q=household%20income
$
60,676
Median Household Income
Douglas County
Source: https://www7.fdic.gov/sod/sodInstBranch.asp?sCounty=all&sCityType=USPS
Institution American National Bank of MN Bell Bank
2018 Deposits
2019 Deposits
2020 Deposits
2019-2020 Difference
$13,125,000.00
$12,952,000.00
$16,662,000.00
29%
$120,972,000.00
$137,432,000.00
$170,069,000.00
24%
BlackRidge BANK
$86,840,000.00
$93,703,000.00
$105,991,000.00
13%
Bremer Bank NA
$300,869,000.00
$308,994,000.00
$354,905,000.00
15%
First Security Bank of Evansville
$15,565,000.00
$17,298,000.00
$18,609,000.00
8%
Gate City Bank
$11,956,000.00
$14,803,000.00
$20,703,000.00
40%
Glenwood State Bank
$87,525,000.00
$89,076,000.00
$106,383,000.00
19%
Average Household Income
Hometown Community Bank
$12,532,000.00
$11,523,000.00
$14,828,000.00
29%
Douglas County
Kensington Bank
$44,940,000.00
$43,641,000.00
$50,141,000.00
15%
Mid Minnesota Federal Credit Union
$12,986,816.00
$16,541,059.00
$19,452,600.00
18%
Neighborhood National Bank
$41,267,000.00
$39,683,000.00
$44,633,000.00
12%
The First National Bank of Osakis
$53,015,000.00
$56,363,000.00
$62,825,000.00
11%
US Bank NA
$61,893,000.00
$62,383,000.00
$71,803,000.00
15%
Vantage Bank
$11,094,000.00
$14,325,000.00
$21,464,000.00
50%
Viking Bank
$124,499,000.00
$131,365,000.00
$144,724,000.00
10%
Wells Fargo Bank NA
$113,055,000.00
$110,746,000.00
$129,180,000.00
17%
$1,099,147,000.00
$1,144,287,000.00
$1,332,920,000.00
16%
$
$
79,619 49,708
Median Household Income
City of Alexandria
Total Douglas County Deposits Grant County
$172,058,000.00
$167,871,000.00
$187,763,000.00
12%
$1,275,805,000.00
$1,330,458,000.00
$1,603,997,000.00
21%
$314,846,000.00
$351,298,000.00
$383,911,000.00
9%
Stearns County
$4,805,025,000.00
$5,090,146,000.00
$5,987,771,000.00
18%
Stevens County
$284,027,000.00
$309,099,000.00
$372,802,000.00
21%
Todd County
$328,317,000.00
$317,886,000.00
$371,896,000.00
17%
Ottertail County Pope 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
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.
23
Local Parks