HomeMichiganGratiot CountyIthaca
Ithaca, Michigan: commercial real estate data.
Ithaca is a Census city of 2,817 people across 5.72 square miles of land, in Gratiot County. Median household income is $63,109, 72.3 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Ithaca
What Ithaca is
- Census place typecity
- Land area5.72 sq mi
- Water area0.16 sq mi
- Population per square mile of land492
- 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.
Ithaca
How many people live in Ithaca
- Population2,817
- Median age42.5 plus or minus 10.6
- Population under 18472 plus or minus 128
- Share under 1816.8 percent plus or minus 4.6
- Population 65 and over430 plus or minus 106
- Share 65 and over15.3 percent plus or minus 3.8
- Households1,199
- Family households706
- Share of households that are families58.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ithaca
Income and work in Ithaca
- Median household income$63,109
- Per capita income$30,647
- Civilian labor force1,625
- Employed1,604
- Unemployed21 plus or minus 24
- Unemployment rate1.3 percent plus or minus 1.5
- Adults 25 and over1,968
- Adults 25 and over with a high school diploma or higher90.2 percent
- Adults 25 and over with a bachelor degree or higher26.3 percent
- Adults 25 and over with a graduate degree5.4 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ithaca
Housing in Ithaca
- Housing units1,255
- Occupied units1,199
- Vacant units56 plus or minus 46
- Vacancy rate4.5 percent plus or minus 3.6
- Owner occupied867
- Renter occupied332 plus or minus 87
- Ownership rate72.3 percent
- Median owner-occupied home value$133,200
- Median gross rent, monthly$819
- Annual rent as a share of median income15.6 percent
- Single family units904
- Share single family72.0 percent
- Units in buildings of two or more259 plus or minus 81
- Share in buildings of two or more20.6 percent plus or minus 6.2
- Mobile homes92 plus or minus 39
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ithaca
How Ithaca gets to work
- Workers 16 and over who commute1,576
- Commuting under 15 minutes516 plus or minus 145
- Share commuting under 15 minutes32.7 percent plus or minus 8.4
- Commuting 30 minutes or more599 plus or minus 155
- Share commuting 30 minutes or more38.0 percent plus or minus 8.9
- Drove alone90.4 percent
- Carpooled5.2 percent plus or minus 4.2
- Public transport0.0 percent
- Walked2.2 percent plus or minus 2.4
- Worked from home0.7 percent plus or minus 0.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ithaca
SBA loans in Ithaca (7(a))
- Approvals3
- Gross approval$1,425,000
- Average approval$475,000
- Median approval$50,000
- Largest approval$1,325,000
- Jobs supported34
- Jobs per approval11.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Ithaca, in any county, FY2020 to FY2026. Only 0 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.
Ithaca
SBA loans in Ithaca (504)
- Approvals1
- Gross approval$582,000
- Average approval$582,000
- Median approval$582,000
- Largest approval$582,000
- Jobs supported5
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Ithaca, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Ithaca
Flood risk in Ithaca
- NFIP communityCity of Ithaca
- NFIP community number260084
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/18/11(M)
The City of Ithaca participates in the National Flood Insurance Program as community 260084 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.
Gratiot County, not Ithaca
Gratiot County context, not Ithaca figures
- Establishments in Gratiot County725
- Covered employment, Gratiot County12,359
- Average annual pay, Gratiot County$54,845
- Housing units permitted, Gratiot County37
Every figure in this section is published for Gratiot County as a whole and is not a measurement of Ithaca.
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
Ithaca questions, answered from the record.
How many people live in Ithaca, Michigan?
2,817, in 1,199 households. Ithaca city covers 5.72 square miles of land, which is 492 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ithaca 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 Ithaca?
$63,109. The median owner-occupied home is valued at $133,200. Median gross rent is $819 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ithaca businesses?
3 7(a) approvals totaling $1.4 m since FY2020, across 2 lenders, median approval $50,000, plus 1 504 approvals worth $582,000 since FY2010. These count approvals to borrowers whose address is in Ithaca, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ithaca borrowers get paid back?
No rate is published for Ithaca. Only 0 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 Ithaca in the National Flood Insurance Program?
Yes. Ithaca appears in the FEMA Community Status Book as Ithaca, city of, community 260084, 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 Ithaca figures?
No, and they are labeled 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 Ithaca.
Is zoning published for Ithaca?
No. Nothing on this page presents parcel level zoning.
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