HomeMichiganAllegan CountyAllegan city
Allegan city, Michigan: commercial real estate data.
Allegan city is a Census city of 5,172 people across 3.85 square miles of land, in Allegan County. Median household income is $52,925, 68.7 percent of occupied homes are owned, and the SBA record carries 34 7(a) approvals to borrowers here worth $4.5 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Allegan
What Allegan is
- Census place typecity
- Land area3.85 sq mi
- Water area0.41 sq mi
- Population per square mile of land1,345
- County holding the largest share of its areaAllegan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Allegan
How many people live in Allegan
- Population5,172
- Median age33.0
- Population under 181,095 plus or minus 265
- Share under 1821.2 percent plus or minus 5.1
- Population 65 and over729 plus or minus 221
- Share 65 and over14.1 percent plus or minus 4.3
- Households1,925
- Family households1,206
- Share of households that are families62.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Allegan
Income and work in Allegan
- Median household income$52,925 plus or minus $15,873
- Per capita income$25,158
- Civilian labor force2,398
- Employed2,309
- Unemployed89 plus or minus 67
- Unemployment rate3.7 percent plus or minus 2.8
- Adults 25 and over3,202
- Adults 25 and over with a high school diploma or higher92.8 percent
- Adults 25 and over with a bachelor degree or higher17.9 percent plus or minus 6.4
- Adults 25 and over with a graduate degree4.2 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Allegan
Housing in Allegan
- Housing units2,013
- Occupied units1,925
- Vacant units88 plus or minus 98
- Vacancy rate4.4 percent plus or minus 4.8
- Owner occupied1,323
- Renter occupied602 plus or minus 208
- Ownership rate68.7 percent
- Median owner-occupied home value$176,600 plus or minus $38,999
- Median gross rent, monthly$1,115
- Annual rent as a share of median income25.3 percent plus or minus 8.0
- Single family units1,448
- Share single family71.9 percent
- Units in buildings of two or more565 plus or minus 214
- Share in buildings of two or more28.1 percent plus or minus 10.2
- Mobile homes0
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Allegan
How Allegan gets to work
- Workers 16 and over who commute2,070
- Commuting under 15 minutes1,079 plus or minus 253
- Share commuting under 15 minutes52.1 percent plus or minus 10.4
- Commuting 30 minutes or more704 plus or minus 203
- Share commuting 30 minutes or more34.0 percent plus or minus 8.9
- Drove alone76.0 percent
- Carpooled10.2 percent plus or minus 5.8
- Public transport0.0 percent
- Walked5.2 percent plus or minus 3.2
- Worked from home8.1 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Allegan
SBA loans in Allegan (7(a))
- Approvals34
- Gross approval$4,463,500
- Average approval$131,279
- Median approval$46,200
- Ninetieth percentile approval$300,000
- Largest approval$906,500
- Jobs supported231
- Jobs per approval6.8
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.7 percent
- Share to franchises11.8 percent
- Distinct lenders6
- Distinct industries by NAICS22
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Allegan
SBA loans in Allegan (504)
- Approvals2
- Gross approval$347,000
- Average approval$173,500
- Median approval$276,000
- Largest approval$276,000
- Jobs supported4
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Allegan
Flood risk in Allegan
- Listed NFIP communities2
- Of those, participating2
- NFIP community number261512
- Currently effective map date06/21/23
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Allegan County, not Allegan
Allegan County context, not Allegan figures
These are Allegan County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Allegan measurements.
- Establishments in Allegan County2,571
- Employment at those establishments, Allegan County38,899
- Covered employment, Allegan County41,360
- Average annual pay, Allegan County$60,226
- Average weekly wage, Allegan County$1,158
- Housing units permitted, Allegan County423
- Of those, single family, Allegan County423
- County product, 2024, Allegan County$6,699,359,000
- County product change over the prior year, Allegan County5.3 percent
- Average income of an arriving household, Allegan County$90,512
Every figure in this section is published for Allegan County as a whole and is not a measurement of Allegan. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Allegan questions, answered from the record.
How many people live in Allegan, Michigan?
5,172, in 1,925 households. Allegan city covers 3.85 square miles of land, which is 1,345 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Allegan in?
Allegan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Allegan?
$52,925. The median owner-occupied home is valued at $176,600. Median gross rent is $1,115 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Allegan businesses?
34 7(a) approvals totalling $4.5 m, across 6 lenders, median approval $46,200, plus 2 504 approvals worth $347,000. These count approvals to borrowers whose address is in Allegan, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Allegan borrowers get paid back?
No rate is published for Allegan. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Allegan in the National Flood Insurance Program?
Yes. Allegan appears in the FEMA Community Status Book as community 261512, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Allegan figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Allegan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Allegan.
Is zoning published for Allegan?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.