HomeMichiganArenac CountySterling village
Sterling village, Michigan: commercial real estate data.
Sterling village is a Census village of 448 people across 0.98 square miles of land, in Arenac County. Median household income is $61,563, 87.7 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $653,100.
66 sourced place values · tier FULL · 7 sections
Sterling
What Sterling is
- Census place typevillage
- Land area0.98 sq mi
- Water area0 sq mi
- Population per square mile of land458
- County holding the largest share of its areaArenac 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.
Sterling
How many people live in Sterling
- Population448
- Median age44.0
- Population under 1889 plus or minus 26
- Share under 1819.9 percent plus or minus 4.7
- Population 65 and over76 plus or minus 33
- Share 65 and over17.0 percent plus or minus 6.7
- Households155
- Family households127 plus or minus 30
- Share of households that are families81.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
Income and work in Sterling
- Median household income$61,563
- Per capita income$27,230
- Civilian labor force228 plus or minus 60
- Employed214 plus or minus 53
- Unemployed14 plus or minus 12
- Unemployment rate6.1 percent plus or minus 5.0
- Adults 25 and over328
- Adults 25 and over with a high school diploma or higher87.5 percent plus or minus 21.0
- Adults 25 and over with a bachelor degree or higher15.5 percent plus or minus 6.6
- Adults 25 and over with a graduate degree5.2 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
Housing in Sterling
- Housing units186
- Occupied units155
- Vacant units31 plus or minus 20
- Vacancy rate16.7 percent plus or minus 10.3
- Owner occupied136 plus or minus 30
- Renter occupied19 plus or minus 10
- Ownership rate87.7 percent
- Median owner-occupied home value$89,200
- Median gross rent, monthly$775
- Annual rent as a share of median income15.1 percent
- Single family units160 plus or minus 33
- Share single family86.0 percent
- Units in buildings of two or more13 plus or minus 15
- Share in buildings of two or more7.0 percent plus or minus 8.2
- Mobile homes13 plus or minus 10
- Median year structure built1954
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
How Sterling gets to work
- Workers 16 and over who commute190 plus or minus 50
- Commuting under 15 minutes105 plus or minus 41
- Share commuting under 15 minutes55.3 percent plus or minus 15.7
- Commuting 30 minutes or more63 plus or minus 27
- Share commuting 30 minutes or more33.2 percent plus or minus 11.1
- Drove alone83.4 percent
- Carpooled6.8 percent plus or minus 6.1
- Public transport0.5 percent plus or minus 1.5
- Walked2.0 percent plus or minus 1.9
- Worked from home7.3 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sterling
SBA 7(a) lending to Sterling borrowers
- Approvals5
- Gross approval$653,100
- Average approval$130,620
- Median approval$75,000
- Ninetieth percentile approval$388,500
- Largest approval$388,500
- Jobs supported58
- Jobs per approval11.6
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 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.
Arenac County, not Sterling
Arenac County context, not Sterling figures
These are Arenac County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Sterling measurements.
- Establishments in Arenac County355
- Employment at those establishments, Arenac County3,619
- Covered employment, Arenac County4,077
- Average annual pay, Arenac County$46,876
- Average weekly wage, Arenac County$901
- Housing units permitted, Arenac County28
- Of those, single family, Arenac County24
- County product, 2024, Arenac County$602,657,000
- County product change over the prior year, Arenac County3.1 percent
- Average income of an arriving household, Arenac County$50,862
Every figure in this section is published for Arenac County as a whole and is not a measurement of Sterling. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
Sterling questions, answered from the record.
How many people live in Sterling, Michigan?
448, in 155 households. Sterling village covers 0.98 square miles of land, which is 458 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Sterling in?
Arenac 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 Sterling?
$61,563. The median owner-occupied home is valued at $89,200. Median gross rent is $775 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Sterling businesses?
5 7(a) approvals totalling $653,100, across 2 lenders, median approval $75,000. These count approvals to borrowers whose address is in Sterling, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Sterling borrowers get paid back?
No rate is published for Sterling. only 0 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.
Are the county figures on this page Sterling figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Arenac 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 Sterling.
Is zoning published for Sterling?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby