HomeMichiganEaton CountyCharlotte city
Charlotte city, Michigan: commercial real estate data.
Charlotte city is a Census city of 9,277 people across 6.45 square miles of land, in Eaton County. Median household income is $62,681, 67.0 percent of occupied homes are owned, and the SBA record carries 19 7(a) approvals to borrowers here worth $7.3 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Charlotte
What Charlotte is
- Census place typecity
- Land area6.45 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,438
- County holding the largest share of its areaEaton 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.
Charlotte
How many people live in Charlotte
- Population9,277
- Median age34.4
- Population under 182,323
- Share under 1825.0 percent
- Population 65 and over1,408
- Share 65 and over15.2 percent
- Households3,625
- Family households2,183
- Share of households that are families60.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Charlotte
Income and work in Charlotte
- Median household income$62,681
- Per capita income$30,689
- Civilian labor force4,536
- Employed4,392
- Unemployed144 plus or minus 88
- Unemployment rate3.2 percent plus or minus 1.9
- Adults 25 and over6,037
- Adults 25 and over with a high school diploma or higher91.1 percent
- Adults 25 and over with a bachelor degree or higher18.2 percent plus or minus 3.7
- Adults 25 and over with a graduate degree4.9 percent plus or minus 1.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Charlotte
Housing in Charlotte
- Housing units3,857
- Occupied units3,625
- Vacant units232 plus or minus 136
- Vacancy rate6.0 percent plus or minus 3.5
- Owner occupied2,430
- Renter occupied1,195
- Ownership rate67.0 percent
- Median owner-occupied home value$153,900
- Median gross rent, monthly$887 plus or minus $219
- Annual rent as a share of median income17.0 percent plus or minus 4.5
- Single family units2,553
- Share single family66.2 percent
- Units in buildings of two or more1,113
- Share in buildings of two or more28.9 percent
- Mobile homes191 plus or minus 73
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Charlotte
How Charlotte gets to work
- Workers 16 and over who commute3,789
- Commuting under 15 minutes1,765
- Share commuting under 15 minutes46.6 percent
- Commuting 30 minutes or more907 plus or minus 209
- Share commuting 30 minutes or more23.9 percent plus or minus 5.2
- Drove alone70.0 percent
- Carpooled10.4 percent plus or minus 5.6
- Public transport0.6 percent plus or minus 0.9
- Walked3.4 percent plus or minus 2.7
- Worked from home12.9 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Charlotte
SBA loans in Charlotte (7(a))
- Approvals19
- Gross approval$7,334,000
- Average approval$386,000
- Median approval$150,000
- Ninetieth percentile approval$694,100
- Largest approval$3,589,000
- Jobs supported198
- Jobs per approval10.4
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more21.1 percent
- Share to franchises5.3 percent
- Distinct lenders11
- Distinct industries by NAICS14
A charge-off rate is not published here. only 4 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.
Charlotte
SBA loans in Charlotte (504)
- Approvals4
- Gross approval$2,201,000
- Average approval$550,250
- Median approval$617,000
- Largest approval$1,255,000
- Jobs supported21
- 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.
Charlotte
Flood risk in Charlotte
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260065
- Currently effective map date11/26/10
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.
Eaton County, not Charlotte
Eaton County context, not Charlotte figures
These are Eaton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Charlotte measurements.
- Establishments in Eaton County2,182
- Employment at those establishments, Eaton County42,828
- Covered employment, Eaton County44,501
- Average annual pay, Eaton County$60,862
- Average weekly wage, Eaton County$1,170
- Housing units permitted, Eaton County118
- Of those, single family, Eaton County114
- County product, 2024, Eaton County$7,448,391,000
- County product change over the prior year, Eaton County4.8 percent
- Average income of an arriving household, Eaton County$51,400
Every figure in this section is published for Eaton County as a whole and is not a measurement of Charlotte. 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
Charlotte questions, answered from the record.
How many people live in Charlotte, Michigan?
9,277, in 3,625 households. Charlotte city covers 6.45 square miles of land, which is 1,438 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Charlotte in?
Eaton 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 Charlotte?
$62,681. The median owner-occupied home is valued at $153,900. Median gross rent is $887 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Charlotte businesses?
19 7(a) approvals totalling $7.3 m, across 11 lenders, median approval $150,000, plus 4 504 approvals worth $2.2 m. These count approvals to borrowers whose address is in Charlotte, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Charlotte borrowers get paid back?
No rate is published for Charlotte. only 4 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 Charlotte in the National Flood Insurance Program?
Yes. Charlotte appears in the FEMA Community Status Book as community 260065, 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 Charlotte figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Eaton 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 Charlotte.
Is zoning published for Charlotte?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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