HomeMichiganHillsdale CountyHillsdale
Hillsdale, Michigan: commercial real estate data.
Hillsdale is a Census city of 8,002 people across 5.69 square miles of land, in Hillsdale County. Median household income is $51,038, 53.6 percent of occupied homes are owned, and the SBA record carries 11 7(a) approvals to borrowers here worth $6.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hillsdale
What Hillsdale is
- Census place typecity
- Land area5.69 sq mi
- Water area0.43 sq mi
- Population per square mile of land1,405
- County holding the largest share of its areaHillsdale 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.
Hillsdale
How many people live in Hillsdale
- Population8,002
- Median age29.6
- Population under 181,614
- Share under 1820.2 percent
- Population 65 and over1,163
- Share 65 and over14.5 percent
- Households2,654
- Family households1,471
- Share of households that are families55.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsdale
Income and work in Hillsdale
- Median household income$51,038
- Per capita income$23,961
- Civilian labor force3,950
- Employed3,778
- Unemployed172 plus or minus 91
- Unemployment rate4.4 percent plus or minus 2.3
- Adults 25 and over4,370
- Adults 25 and over with a high school diploma or higher92.5 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree10.8 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsdale
Housing in Hillsdale
- Housing units3,073
- Occupied units2,654
- Vacant units419 plus or minus 153
- Vacancy rate13.6 percent plus or minus 4.9
- Owner occupied1,423
- Renter occupied1,231
- Ownership rate53.6 percent
- Median owner-occupied home value$130,900
- Median gross rent, monthly$812
- Annual rent as a share of median income19.1 percent
- Single family units1,858
- Share single family60.5 percent
- Units in buildings of two or more1,086 plus or minus 236
- Share in buildings of two or more35.3 percent plus or minus 7.3
- Mobile homes129 plus or minus 62
- Median year structure built1951
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsdale
How Hillsdale gets to work
- Workers 16 and over who commute3,455
- Commuting under 15 minutes2,429
- Share commuting under 15 minutes70.3 percent
- Commuting 30 minutes or more597 plus or minus 158
- Share commuting 30 minutes or more17.3 percent plus or minus 4.4
- Drove alone63.7 percent
- Carpooled8.7 percent plus or minus 3.0
- Public transport0.0 percent
- Walked16.2 percent plus or minus 3.8
- Worked from home7.0 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsdale
SBA loans in Hillsdale (7(a))
- Approvals11
- Gross approval$6,769,800
- Average approval$615,436
- Median approval$200,000
- Largest approval$3,780,000
- Jobs supported141
- Jobs per approval12.8
- Loans with a final outcome2
- Paid in full0
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more36.4 percent
- Share to franchises9.1 percent
- Distinct lenders7
- Distinct industries by NAICS8
Counted by borrower city: approvals to borrowers whose address is in Hillsdale, 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.
Hillsdale
SBA loans in Hillsdale (504)
- Approvals6
- Gross approval$1,658,000
- Average approval$276,333
- Median approval$250,500
- Largest approval$546,000
- Jobs supported30
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Hillsdale, in any county, FY2010 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, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hillsdale
Flood risk in Hillsdale
- NFIP communityCity of Hillsdale
- NFIP community number260086
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/19/14
The City of Hillsdale participates in the National Flood Insurance Program as community 260086 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.
Hillsdale County, not Hillsdale
Hillsdale County context, not Hillsdale figures
- Establishments in Hillsdale County776
- Covered employment, Hillsdale County12,854
- Average annual pay, Hillsdale County$51,536
- Housing units permitted, Hillsdale County72
Every figure in this section is published for Hillsdale County as a whole and is not a measurement of Hillsdale.
All Hillsdale County figures →
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
Hillsdale questions, answered from the record.
How many people live in Hillsdale, Michigan?
8,002, in 2,654 households. Hillsdale city covers 5.69 square miles of land, which is 1,405 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hillsdale in?
Hillsdale 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 Hillsdale?
$51,038. The median owner-occupied home is valued at $130,900. Median gross rent is $812 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hillsdale businesses?
11 7(a) approvals totaling $6.8 m since FY2020, across 7 lenders, median approval $200,000, plus 6 504 approvals worth $1.7 m since FY2010. These count approvals to borrowers whose address is in Hillsdale, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hillsdale borrowers get paid back?
No rate is published for Hillsdale. 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 Hillsdale in the National Flood Insurance Program?
Yes. Hillsdale appears in the FEMA Community Status Book as Hillsdale, city of, community 260086, 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 Hillsdale figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hillsdale 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 Hillsdale.
Is zoning published for Hillsdale?
No. Nothing on this page presents parcel level zoning.
Nearby