HomeMichiganHoughton CountyCalumet village
Calumet village, Michigan: commercial real estate data.
Calumet village is a Census village of 645 people across 0.20 square miles of land, in Houghton County. Median household income is $26,667, 27.0 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $1.4 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Calumet
What Calumet is
- Census place typevillage
- Land area0.2 sq mi
- Water area0 sq mi
- Population per square mile of land3,239 plus or minus 723
- County holding the largest share of its areaHoughton 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.
Calumet
How many people live in Calumet
- Population645 plus or minus 144
- Median age39.1 plus or minus 12.8
- Population under 1860 plus or minus 32
- Share under 189.3 percent plus or minus 4.5
- Population 65 and over141 plus or minus 47
- Share 65 and over21.9 percent plus or minus 5.5
- Households408
- Family households139 plus or minus 61
- Share of households that are families34.1 percent plus or minus 13.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Calumet
Income and work in Calumet
- Median household income$26,667 plus or minus $5,876
- Per capita income$24,088
- Civilian labor force333 plus or minus 94
- Employed293 plus or minus 82
- Unemployed40 plus or minus 30
- Unemployment rate12.0 percent plus or minus 8.3
- Adults 25 and over439 plus or minus 89
- Adults 25 and over with a high school diploma or higher81.5 percent plus or minus 23.1
- Adults 25 and over with a bachelor degree or higher22.3 percent plus or minus 7.7
- Adults 25 and over with a graduate degree7.1 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Calumet
Housing in Calumet
- Housing units504
- Occupied units408
- Vacant units96 plus or minus 50
- Vacancy rate19.0 percent plus or minus 9.5
- Owner occupied110 plus or minus 35
- Renter occupied298 plus or minus 72
- Ownership rate27.0 percent plus or minus 6.8
- Median owner-occupied home value$84,400
- Median gross rent, monthly$667
- Annual rent as a share of median income30.0 percent plus or minus 6.8
- Single family units203 plus or minus 55
- Share single family40.3 percent plus or minus 9.0
- Units in buildings of two or more288 plus or minus 75
- Share in buildings of two or more57.1 percent plus or minus 11.9
- Mobile homes13 plus or minus 12
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Calumet
How Calumet gets to work
- Workers 16 and over who commute269 plus or minus 76
- Commuting under 15 minutes137 plus or minus 45
- Share commuting under 15 minutes50.9 percent
- Commuting 30 minutes or more46 plus or minus 31
- Share commuting 30 minutes or more17.1 percent plus or minus 10.3
- Drove alone51.2 percent plus or minus 13.2
- Carpooled12.3 percent plus or minus 6.3
- Public transport0.0 percent
- Walked28.3 percent plus or minus 11.9
- Worked from home8.2 percent plus or minus 6.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Calumet
SBA loans in Calumet (7(a))
- Approvals4
- Gross approval$1,391,200
- Average approval$347,800
- Median approval$491,300
- Ninetieth percentile approval$549,900
- Largest approval$549,900
- Jobs supported11
- Jobs per approval2.8
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 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.
Calumet
SBA loans in Calumet (504)
- Approvals1
- Gross approval$298,000
- Average approval$298,000
- Median approval$298,000
- Largest approval$298,000
- Jobs supported4
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Houghton County, not Calumet
Houghton County context, not Calumet figures
These are Houghton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Calumet measurements.
- Establishments in Houghton County891
- Employment at those establishments, Houghton County9,246
- Covered employment, Houghton County12,124
- Average annual pay, Houghton County$54,867
- Average weekly wage, Houghton County$1,055
- Housing units permitted, Houghton County111
- Of those, single family, Houghton County103
- County product, 2024, Houghton County$1,588,874,000
- County product change over the prior year, Houghton County7.0 percent
- Average income of an arriving household, Houghton County$64,949
Every figure in this section is published for Houghton County as a whole and is not a measurement of Calumet. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
Calumet questions, answered from the record.
How many people live in Calumet, Michigan?
645, in 408 households. Calumet village covers 0.20 square miles of land, which is 3,239 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Calumet in?
Houghton 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 Calumet?
$26,667. The median owner-occupied home is valued at $84,400. Median gross rent is $667 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Calumet businesses?
4 7(a) approvals totalling $1.4 m, across 3 lenders, median approval $491,300, plus 1 504 approvals worth $298,000. These count approvals to borrowers whose address is in Calumet, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Calumet borrowers get paid back?
No rate is published for Calumet. only 1 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.
Are the county figures on this page Calumet figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Houghton 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 Calumet.
Is zoning published for Calumet?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.