HomeMichiganAllegan CountyWayland city
Wayland city, Michigan: commercial real estate data.
Wayland city is a Census city of 4,457 people across 2.96 square miles of land, in Allegan County. Median household income is $74,464, 71.2 percent of occupied homes are owned, and the SBA record carries 27 7(a) approvals to borrowers here worth $5.9 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Wayland
What Wayland is
- Census place typecity
- Land area2.96 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,505
- 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.
Wayland
How many people live in Wayland
- Population4,457
- Median age34.3
- Population under 181,194
- Share under 1826.8 percent
- Population 65 and over646 plus or minus 155
- Share 65 and over14.5 percent plus or minus 3.5
- Households1,661
- Family households1,108
- Share of households that are families66.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wayland
Income and work in Wayland
- Median household income$74,464
- Per capita income$34,431
- Civilian labor force2,393
- Employed2,319
- Unemployed74 plus or minus 73
- Unemployment rate3.1 percent plus or minus 3.0
- Adults 25 and over2,773
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher25.5 percent plus or minus 6.9
- Adults 25 and over with a graduate degree4.6 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wayland
Housing in Wayland
- Housing units1,792
- Occupied units1,661
- Vacant units131 plus or minus 115
- Vacancy rate7.3 percent plus or minus 6.4
- Owner occupied1,182
- Renter occupied479 plus or minus 144
- Ownership rate71.2 percent
- Median owner-occupied home value$207,400
- Median gross rent, monthly$1,160
- Annual rent as a share of median income18.7 percent
- Single family units1,126
- Share single family62.8 percent
- Units in buildings of two or more420 plus or minus 173
- Share in buildings of two or more23.4 percent plus or minus 9.4
- Mobile homes246 plus or minus 83
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wayland
How Wayland gets to work
- Workers 16 and over who commute2,190
- Commuting under 15 minutes660 plus or minus 293
- Share commuting under 15 minutes30.1 percent plus or minus 12.6
- Commuting 30 minutes or more663 plus or minus 208
- Share commuting 30 minutes or more30.3 percent plus or minus 8.4
- Drove alone73.3 percent
- Carpooled11.8 percent plus or minus 5.1
- Public transport0.3 percent plus or minus 0.4
- Walked8.3 percent plus or minus 9.6
- Worked from home5.4 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wayland
SBA loans in Wayland (7(a))
- Approvals27
- Gross approval$5,935,300
- Average approval$219,826
- Median approval$120,000
- Ninetieth percentile approval$644,500
- Largest approval$730,000
- Jobs supported171
- Jobs per approval6.3
- Loans with a final outcome9
- Paid in full9
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.4 percent
- Share to franchises0.0 percent
- Distinct lenders12
- Distinct industries by NAICS18
A charge-off rate is not published here. only 9 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.
Wayland
SBA loans in Wayland (504)
- Approvals12
- Gross approval$12,706,000
- Average approval$1,058,833
- Median approval$529,000
- Largest approval$4,246,000
- Jobs supported64
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wayland
Flood risk in Wayland
- Listed NFIP communities2
- Of those, participating1
- NFIP community number261522
- 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 Wayland
Allegan County context, not Wayland 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 Wayland 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 Wayland. 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
Wayland questions, answered from the record.
How many people live in Wayland, Michigan?
4,457, in 1,661 households. Wayland city covers 2.96 square miles of land, which is 1,505 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wayland 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 Wayland?
$74,464. The median owner-occupied home is valued at $207,400. Median gross rent is $1,160 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wayland businesses?
27 7(a) approvals totalling $5.9 m, across 12 lenders, median approval $120,000, plus 12 504 approvals worth $12.7 m. These count approvals to borrowers whose address is in Wayland, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wayland borrowers get paid back?
No rate is published for Wayland. only 9 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 Wayland in the National Flood Insurance Program?
Yes. Wayland appears in the FEMA Community Status Book as community 261522, 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 Wayland 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 Wayland.
Is zoning published for Wayland?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.