HomeMichiganGratiot CountyAlma city
Alma city, Michigan: commercial real estate data.
Alma city is a Census city of 9,396 people across 5.98 square miles of land, in Gratiot County. Median household income is $53,307, 65.9 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $251,000.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Alma
What Alma is
- Census place typecity
- Land area5.98 sq mi
- Water area0.16 sq mi
- Population per square mile of land1,572
- County holding the largest share of its areaGratiot 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.
Alma
How many people live in Alma
- Population9,396
- Median age33.1
- Population under 181,814
- Share under 1819.3 percent
- Population 65 and over1,643
- Share 65 and over17.5 percent
- Households3,545
- Family households2,092
- Share of households that are families59.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alma
Income and work in Alma
- Median household income$53,307
- Per capita income$26,883
- Civilian labor force4,710
- Employed4,384
- Unemployed326 plus or minus 156
- Unemployment rate6.9 percent plus or minus 3.3
- Adults 25 and over5,617
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher28.0 percent
- Adults 25 and over with a graduate degree10.8 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alma
Housing in Alma
- Housing units3,820
- Occupied units3,545
- Vacant units275 plus or minus 141
- Vacancy rate7.2 percent plus or minus 3.7
- Owner occupied2,337
- Renter occupied1,208
- Ownership rate65.9 percent
- Median owner-occupied home value$115,900
- Median gross rent, monthly$836
- Annual rent as a share of median income18.8 percent
- Single family units2,640
- Share single family69.1 percent
- Units in buildings of two or more985 plus or minus 261
- Share in buildings of two or more25.8 percent plus or minus 6.7
- Mobile homes195 plus or minus 115
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alma
How Alma gets to work
- Workers 16 and over who commute3,825
- Commuting under 15 minutes2,220
- Share commuting under 15 minutes58.0 percent
- Commuting 30 minutes or more699 plus or minus 213
- Share commuting 30 minutes or more18.3 percent plus or minus 5.3
- Drove alone72.4 percent
- Carpooled5.7 percent plus or minus 2.9
- Public transport0.3 percent plus or minus 0.4
- Walked9.5 percent plus or minus 3.5
- Worked from home10.7 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Alma
SBA loans in Alma (7(a))
- Approvals6
- Gross approval$251,000
- Average approval$41,833
- Median approval$50,000
- Ninetieth percentile approval$92,000
- Largest approval$92,000
- Jobs supported20
- Jobs per approval3.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS5
A charge-off rate is not published here. only 0 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.
Alma
SBA loans in Alma (504)
- Approvals4
- Gross approval$2,435,000
- Average approval$608,750
- Median approval$260,000
- Largest approval$1,860,000
- Jobs supported40
- Loans with a final outcome2
- 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.
Alma
Flood risk in Alma
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260083
- Currently effective map date10/18/11
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.
Gratiot County, not Alma
Gratiot County context, not Alma figures
These are Gratiot County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Alma measurements.
- Establishments in Gratiot County725
- Employment at those establishments, Gratiot County10,633
- Covered employment, Gratiot County12,359
- Average annual pay, Gratiot County$54,845
- Average weekly wage, Gratiot County$1,055
- Housing units permitted, Gratiot County37
- Of those, single family, Gratiot County37
- County product, 2024, Gratiot County$1,982,243,000
- County product change over the prior year, Gratiot County2.5 percent
- Average income of an arriving household, Gratiot County$44,174
Every figure in this section is published for Gratiot County as a whole and is not a measurement of Alma. 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
Alma questions, answered from the record.
How many people live in Alma, Michigan?
9,396, in 3,545 households. Alma city covers 5.98 square miles of land, which is 1,572 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Alma in?
Gratiot 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 Alma?
$53,307. The median owner-occupied home is valued at $115,900. Median gross rent is $836 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Alma businesses?
6 7(a) approvals totalling $251,000, across 3 lenders, median approval $50,000, plus 4 504 approvals worth $2.4 m. These count approvals to borrowers whose address is in Alma, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Alma borrowers get paid back?
No rate is published for Alma. only 0 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 Alma in the National Flood Insurance Program?
Yes. Alma appears in the FEMA Community Status Book as community 260083, 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 Alma figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Gratiot 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 Alma.
Is zoning published for Alma?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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