HomeMichiganCharlevoix CountyBoyne Falls village
Boyne Falls village, Michigan: commercial real estate data.
Boyne Falls village is a Census village of 361 people across 0.56 square miles of land, in Charlevoix County. Median household income is $62,159, 68.2 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $1.6 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Boyne Falls
What Boyne Falls is
- Census place typevillage
- Land area0.56 sq mi
- Water area0.01 sq mi
- Population per square mile of land647 plus or minus 213
- County holding the largest share of its areaCharlevoix 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.
Boyne Falls
How many people live in Boyne Falls
- Population361 plus or minus 119
- Median age36.8 plus or minus 8.6
- Population under 1856 plus or minus 37
- Share under 1815.5 percent plus or minus 8.9
- Population 65 and over66 plus or minus 26
- Share 65 and over18.3 percent plus or minus 3.8
- Households195 plus or minus 55
- Family households111 plus or minus 44
- Share of households that are families56.9 percent plus or minus 15.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boyne Falls
Income and work in Boyne Falls
- Median household income$62,159 plus or minus $12,589
- Per capita income$32,271
- Civilian labor force213 plus or minus 76
- Employed204 plus or minus 75
- Unemployed9 plus or minus 8
- Unemployment rate4.2 percent plus or minus 3.4
- Adults 25 and over295 plus or minus 84
- Adults 25 and over with a high school diploma or higher96.3 percent plus or minus 37.3
- Adults 25 and over with a bachelor degree or higher8.5 percent plus or minus 4.6
- Adults 25 and over with a graduate degree3.1 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boyne Falls
Housing in Boyne Falls
- Housing units229 plus or minus 58
- Occupied units195 plus or minus 55
- Vacant units34 plus or minus 22
- Vacancy rate14.8 percent plus or minus 8.8
- Owner occupied133 plus or minus 39
- Renter occupied62 plus or minus 41
- Ownership rate68.2 percent
- Median owner-occupied home value$167,700 plus or minus $44,775
- Median gross rent, monthly$949
- Annual rent as a share of median income18.3 percent plus or minus 3.7
- Single family units139 plus or minus 38
- Share single family60.7 percent
- Units in buildings of two or more52 plus or minus 40
- Share in buildings of two or more22.7 percent plus or minus 16.5
- Mobile homes38 plus or minus 24
- Median year structure built1962
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boyne Falls
How Boyne Falls gets to work
- Workers 16 and over who commute169 plus or minus 68
- Commuting under 15 minutes74 plus or minus 38
- Share commuting under 15 minutes43.8 percent plus or minus 14.2
- Commuting 30 minutes or more48 plus or minus 37
- Share commuting 30 minutes or more28.4 percent plus or minus 18.5
- Drove alone81.9 percent
- Carpooled3.0 percent plus or minus 3.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home15.1 percent plus or minus 9.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boyne Falls
SBA loans in Boyne Falls (7(a))
- Approvals7
- Gross approval$1,613,200
- Average approval$230,457
- Median approval$50,000
- Ninetieth percentile approval$748,200
- Largest approval$748,200
- Jobs supported123
- Jobs per approval17.6
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS5
A charge-off rate is not published here. only 3 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.
Charlevoix County, not Boyne Falls
Charlevoix County context, not Boyne Falls figures
These are Charlevoix County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Boyne Falls measurements.
- Establishments in Charlevoix County891
- Employment at those establishments, Charlevoix County9,264
- Covered employment, Charlevoix County10,983
- Average annual pay, Charlevoix County$57,950
- Average weekly wage, Charlevoix County$1,114
- Housing units permitted, Charlevoix County113
- Of those, single family, Charlevoix County107
- County product, 2024, Charlevoix County$1,720,737,000
- County product change over the prior year, Charlevoix County5.2 percent
- Average income of an arriving household, Charlevoix County$167,687
Every figure in this section is published for Charlevoix County as a whole and is not a measurement of Boyne Falls. 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
Boyne Falls questions, answered from the record.
How many people live in Boyne Falls, Michigan?
361, in 195 households. Boyne Falls village covers 0.56 square miles of land, which is 647 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Boyne Falls in?
Charlevoix 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 Boyne Falls?
$62,159. The median owner-occupied home is valued at $167,700. Median gross rent is $949 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Boyne Falls businesses?
7 7(a) approvals totalling $1.6 m, across 2 lenders, median approval $50,000. These count approvals to borrowers whose address is in Boyne Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Boyne Falls borrowers get paid back?
No rate is published for Boyne Falls. only 3 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 Boyne Falls figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Charlevoix 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 Boyne Falls.
Is zoning published for Boyne Falls?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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