Mankato
MN

Comprehensive business data, market statistics, and demographic insights for Mankato, MN. Census-backed market intelligence updated annually.

POPULATION103,736
MEDIAN INCOME$74.7K
BUSINESSES2,379
TRENDING SECTOR 🔥Nursing Care Facilities (Skilled Nursing Facilities)
+1.6%5-Year Growth
MARKET INTELLIGENCE

Market Signal Report

Curated Intelligence. We analyzed 225 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.

Methodical Selection

These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.

  • > High Momentum (Biz Count Growth)
  • > Supply Gaps (Low Competition)
  • > Market Anchors (High Volume)
View Full Methodology
🚀
The Rocket Ship

Nursing Care Facilities (Skilled Nursing Facilities)

While the average sector grew flat, Nursing Care Facilities (Skilled Nursing Facilities) surged 1.6% from 2018 vs 2023. This is the fastest-moving opportunity in the market.

Businesses23
Growth Rate+1.6%
💎
The Hidden Gem

Other Personal Care Services

Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.

Businesses7
Growth Rate+0.4%
💼
The Premium Sector

Securities Brokerage

Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.

Businesses10
Avg Salary$245.4K
🏰
The Stronghold

Soybean and Other Oilseed Processing

Dominated by a few key players. High consolidation often indicates mature market dynamics.

Businesses3
CompetitionHighly Competitive248.3x above US avg
The Steady Giant

Residential Intellectual and Developmental Disability Facilities

Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.

Businesses99
VolumeHighest

View All Niches

See full table (225 Rows)

💡

Mankato Market Intelligence

225 Industries Analyzed • 2018 vs 2023 Data

Mankato presents 225 market niches across diverse sectors. Competition is intense with 138 saturated sectors requiring differentiation strategies. Consider: Other Personal Care Services, Nursing Care Facilities (Skilled Nursing Facilities).

How to Read the Data
Competition Level
Business density per capita vs US average. ● Underserved = Less competition. ● Highly Competitive = More businesses per capita than average.
Growth Rate
5-year percentage change in number of businesses (2018 vs 2023). ● Growing = Positive growth. ● Stable = Modest change. ● Declining = Negative growth.
Businesses
Active employer establishments (businesses with at least one employee) in this niche within the metro. Source: US Census Bureau.
MOMENTUM
DENSITY
25 of 225 niches• Sorted: Businesses
Niche (NAICS) Competition Growth Rate Businesses Avg Team Avg Salary
Residential Intellectual and Developmental Disability Facilities#623210
9.64
+10.0%999.4$32.0K
Limited-Service Restaurants#722513
1.03
+10.7%8322.8$16.5K
Religious Organizations#813110
1.41
-2.7%738.6$21.6K
Full-Service Restaurants#722511
0.96
+10.6%7326.1$21.2K
Insurance Agencies and Brokerages#524210
1.65
+1.6%644.0$63.1K
Landscaping Services#561730
1.32
+21.1%467.3$50.0K
Plumbing, Heating, and Air-Conditioning Contractors#238220
1.32
+16.2%4310.5$74.5K
Gasoline Stations with Convenience Stores#447110
1.39
+23.3%3717.5$25.3K
General Automotive Repair#811111
1.43
+6.1%354.2$49.8K
Offices of Dentists#621210
0.86
-10.3%3511.1$64.1K
Offices of Real Estate Agents and Brokers#531210
0.67
0.0%332.6$38.6K
Residential Remodelers#236118
0.82
+10.0%333.7$69.8K
Commercial Banking#522110
1.35
-16.2%3116.1$76.5K
General Freight Trucking, Long-Distance, Truckload#484121
1.74
+3.4%307.6$60.1K
Other Individual and Family Services#624190
2.73
+36.4%3012.1$30.7K
Child Care Services#624410
1.24
+36.4%3018.3$19.7K
Offices of Lawyers#541110
0.58
-6.5%297.1$69.8K
Electrical Contractors and Other Wiring Installation Contractors#238210
1.19
-6.5%298.9$75.3K
New Single-Family Housing Construction (except For-Sale Builders)#236115
1.40
0.0%243.6$50.3K
All Other Specialty Trade Contractors#238990
1.84
+53.3%232.7$58.6K
Offices of Chiropractors#621310
1.96
+4.5%233.2$35.5K
Snack and Nonalcoholic Beverage Bars#722515
0.91
+21.1%2316.0$16.6K
Nursing Care Facilities (Skilled Nursing Facilities)#623110
4.63
+155.6%2360.8$44.8K
Services for the Elderly and Persons with Disabilities#624120
1.79
+90.9%2122.8$35.3K
Portfolio Management#523920
1.53
-4.8%202.9$130.8K
Viewing 25 of 225 niches

Understanding Your Data

How to read the numbers and what to do next.

We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.

VERIFIED
MARKET
DATA

We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.

Straight from the Source

We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.

Data-First Methodology

We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.

Transparent Logic

No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.