HomeMichiganEaton CountyEaton Rapids
Eaton Rapids, Michigan: commercial real estate data.
Eaton Rapids 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 since FY2020.
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
- 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
Counted by borrower city: approvals to borrowers whose address is in Eaton Rapids, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
- NFIP communityCity of Eaton Rapids
- NFIP community number260067
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/26/10
The City of Eaton Rapids participates in the National Flood Insurance Program as community 260067 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Eaton County, not Eaton Rapids
Eaton County context, not Eaton Rapids figures
- Establishments in Eaton County2,182
- Covered employment, Eaton County44,501
- Average annual pay, Eaton County$60,862
- Housing units permitted, Eaton County118
Every figure in this section is published for Eaton County as a whole and is not a measurement of Eaton Rapids.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $4.2 m since FY2020, 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. 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 Eaton Rapids, city of, community 260067, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.
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