HomeMichiganClare CountyClare city
Clare city, Michigan: commercial real estate data.
Clare city is a Census city of 3,324 people across 3.73 square miles of land, lying across Clare County and Isabella County. Median household income is $41,226, 59.3 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $9.1 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Clare
What Clare is
- Census place typecity
- Land area3.73 sq mi
- Water area0.11 sq mi
- Population per square mile of land890
- County holding the largest share of its areaClare County, 85.0 percent
- Counties this place lies inClare County 85.0 percent, Isabella County 15.0 percent
Clare city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clare
How many people live in Clare
- Population3,324
- Median age43.9
- Population under 18672 plus or minus 185
- Share under 1820.2 percent plus or minus 5.5
- Population 65 and over769 plus or minus 181
- Share 65 and over23.1 percent plus or minus 5.4
- Households1,409
- Family households659
- Share of households that are families46.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clare
Income and work in Clare
- Median household income$41,226 plus or minus $11,305
- Per capita income$28,781
- Civilian labor force1,365
- Employed1,273
- Unemployed92 plus or minus 60
- Unemployment rate6.7 percent plus or minus 4.3
- Adults 25 and over2,416
- Adults 25 and over with a high school diploma or higher91.8 percent
- Adults 25 and over with a bachelor degree or higher21.9 percent plus or minus 7.1
- Adults 25 and over with a graduate degree12.8 percent plus or minus 6.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clare
Housing in Clare
- Housing units1,622
- Occupied units1,409
- Vacant units213 plus or minus 113
- Vacancy rate13.1 percent plus or minus 6.8
- Owner occupied835
- Renter occupied574 plus or minus 132
- Ownership rate59.3 percent
- Median owner-occupied home value$134,600 plus or minus $30,509
- Median gross rent, monthly$822
- Annual rent as a share of median income23.9 percent plus or minus 6.8
- Single family units992
- Share single family61.2 percent
- Units in buildings of two or more533 plus or minus 150
- Share in buildings of two or more32.9 percent plus or minus 8.6
- Mobile homes97 plus or minus 69
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clare
How Clare gets to work
- Workers 16 and over who commute1,055
- Commuting under 15 minutes361 plus or minus 107
- Share commuting under 15 minutes34.2 percent plus or minus 8.7
- Commuting 30 minutes or more388 plus or minus 136
- Share commuting 30 minutes or more36.8 percent plus or minus 11.6
- Drove alone69.6 percent
- Carpooled8.6 percent plus or minus 5.0
- Public transport0.0 percent
- Walked8.4 percent plus or minus 7.4
- Worked from home11.5 percent plus or minus 7.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Clare
SBA loans in Clare (7(a))
- Approvals23
- Gross approval$9,147,200
- Average approval$397,704
- Median approval$50,000
- Ninetieth percentile approval$950,000
- Largest approval$3,123,000
- Jobs supported222
- Jobs per approval9.7
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more4.3 percent
- Share to franchises4.3 percent
- Distinct lenders4
- Distinct industries by NAICS19
A charge-off rate is not published here. only 2 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.
Clare
SBA loans in Clare (504)
- Approvals4
- Gross approval$1,785,000
- Average approval$446,250
- Median approval$303,000
- Largest approval$1,054,000
- Jobs supported40
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Clare
Flood risk in Clare
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260629
- Currently effective map date12/03/10
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.
Clare County, not Clare
Clare County context, not Clare figures
These are Clare County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Clare measurements.
- Establishments in Clare County607
- Employment at those establishments, Clare County6,793
- Covered employment, Clare County7,261
- Average annual pay, Clare County$47,949
- Average weekly wage, Clare County$922
- Housing units permitted, Clare County30
- Of those, single family, Clare County30
- County product, 2024, Clare County$1,547,237,000
- County product change over the prior year, Clare County6.3 percent
- Average income of an arriving household, Clare County$49,099
Every figure in this section is published for Clare County as a whole and is not a measurement of Clare. 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
Clare questions, answered from the record.
How many people live in Clare, Michigan?
3,324, in 1,409 households. Clare city covers 3.73 square miles of land, which is 890 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Clare in?
Clare lies in more than one. By area it is 85.0 percent in Clare County, 15.0 percent in Isabella County. This page sits under Clare County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Clare?
$41,226. The median owner-occupied home is valued at $134,600. Median gross rent is $822 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Clare businesses?
23 7(a) approvals totalling $9.1 m, across 4 lenders, median approval $50,000, plus 4 504 approvals worth $1.8 m. These count approvals to borrowers whose address is in Clare, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Clare borrowers get paid back?
No rate is published for Clare. only 2 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 Clare in the National Flood Insurance Program?
Yes. Clare appears in the FEMA Community Status Book as community 260629, 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 Clare figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Clare 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 Clare.
Is zoning published for Clare?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.