HomeMichiganEaton CountyEaton Rapids city
Eaton Rapids city, Michigan: commercial real estate data.
Eaton Rapids city is a Census city of 5,183 people across 3.63 square miles of land, in Eaton County. Median household income is $63,875, 69.8 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $4.2 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Eaton Rapids
What Eaton Rapids is
- Census place typecity
- Land area3.63 sq mi
- Water area0.1 sq mi
- Population per square mile of land1,428
- 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.
Eaton Rapids
How many people live in Eaton Rapids
- Population5,183
- Median age41.3
- Population under 181,157 plus or minus 236
- Share under 1822.3 percent plus or minus 4.5
- Population 65 and over902
- Share 65 and over17.4 percent
- Households2,149
- Family households1,272
- Share of households that are families59.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eaton Rapids
Income and work in Eaton Rapids
- Median household income$63,875
- Per capita income$30,415
- Civilian labor force2,530
- Employed2,490
- Unemployed40 plus or minus 31
- Unemployment rate1.6 percent plus or minus 1.2
- Adults 25 and over3,586
- Adults 25 and over with a high school diploma or higher91.6 percent
- Adults 25 and over with a bachelor degree or higher15.1 percent plus or minus 3.4
- Adults 25 and over with a graduate degree4.7 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eaton Rapids
Housing in Eaton Rapids
- Housing units2,347
- Occupied units2,149
- Vacant units198 plus or minus 112
- Vacancy rate8.4 percent plus or minus 4.7
- Owner occupied1,499
- Renter occupied650 plus or minus 146
- Ownership rate69.8 percent
- Median owner-occupied home value$155,800
- Median gross rent, monthly$972
- Annual rent as a share of median income18.3 percent
- Single family units1,623
- Share single family69.2 percent
- Units in buildings of two or more542 plus or minus 155
- Share in buildings of two or more23.1 percent plus or minus 6.4
- Mobile homes182 plus or minus 70
- Median year structure built1954
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eaton Rapids
How Eaton Rapids gets to work
- Workers 16 and over who commute2,152
- Commuting under 15 minutes548 plus or minus 174
- Share commuting under 15 minutes25.5 percent plus or minus 7.4
- Commuting 30 minutes or more1,010 plus or minus 261
- Share commuting 30 minutes or more46.9 percent plus or minus 10.5
- Drove alone76.7 percent
- Carpooled5.8 percent plus or minus 2.5
- Public transport0.0 percent
- Walked1.8 percent plus or minus 1.6
- Worked from home13.4 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Eaton Rapids
SBA loans in Eaton Rapids (7(a))
- Approvals9
- Gross approval$4,223,000
- Average approval$469,222
- Median approval$350,000
- Ninetieth percentile approval$1,270,000
- Largest approval$1,270,000
- Jobs supported96
- Jobs per approval10.7
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more11.1 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS7
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.
Eaton Rapids
Flood risk in Eaton Rapids
- Listed NFIP communities2
- Of those, participating2
- NFIP community number260391
- 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 Eaton Rapids
Eaton County context, not Eaton Rapids 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 Eaton Rapids 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 Eaton Rapids. 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
Eaton Rapids questions, answered from the record.
How many people live in Eaton Rapids, Michigan?
5,183, in 2,149 households. Eaton Rapids city covers 3.63 square miles of land, which is 1,428 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Eaton Rapids 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 Eaton Rapids?
$63,875. The median owner-occupied home is valued at $155,800. Median gross rent is $972 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Eaton Rapids businesses?
9 7(a) approvals totalling $4.2 m, across 6 lenders, median approval $350,000. These count approvals to borrowers whose address is in Eaton Rapids, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Eaton Rapids borrowers get paid back?
No rate is published for Eaton Rapids. 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 Eaton Rapids in the National Flood Insurance Program?
Yes. Eaton Rapids appears in the FEMA Community Status Book as community 260391, 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 Eaton Rapids 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 Eaton Rapids.
Is zoning published for Eaton Rapids?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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