HomeMichiganIonia CountySaranac village
Saranac village, Michigan: commercial real estate data.
Saranac village is a Census village of 2,013 people across 1.15 square miles of land, in Ionia County. Median household income is $66,944, 58.8 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $117,800.
70 sourced place values · tier FULL · 8 sections
Saranac
What Saranac is
- Census place typevillage
- Land area1.15 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,750 plus or minus 364
- County holding the largest share of its areaIonia 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.
Saranac
How many people live in Saranac
- Population2,013 plus or minus 419
- Median age35.6 plus or minus 8.6
- Population under 18416 plus or minus 128
- Share under 1820.7 percent plus or minus 4.7
- Population 65 and over265 plus or minus 63
- Share 65 and over13.2 percent
- Households770
- Family households448 plus or minus 110
- Share of households that are families58.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac
Income and work in Saranac
- Median household income$66,944 plus or minus $13,442
- Per capita income$27,497
- Civilian labor force1,111 plus or minus 325
- Employed1,062 plus or minus 324
- Unemployed49 plus or minus 41
- Unemployment rate4.4 percent plus or minus 3.5
- Adults 25 and over1,231
- Adults 25 and over with a high school diploma or higher92.9 percent
- Adults 25 and over with a bachelor degree or higher19.7 percent plus or minus 8.8
- Adults 25 and over with a graduate degree8.9 percent plus or minus 8.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac
Housing in Saranac
- Housing units774
- Occupied units770
- Vacant units4 plus or minus 8
- Vacancy rate0.5 percent plus or minus 1.0
- Owner occupied453 plus or minus 104
- Renter occupied317 plus or minus 82
- Ownership rate58.8 percent
- Median owner-occupied home value$202,800
- Median gross rent, monthly$538 plus or minus $193
- Annual rent as a share of median income9.6 percent plus or minus 4.0
- Single family units518 plus or minus 109
- Share single family66.9 percent
- Units in buildings of two or more252 plus or minus 74
- Share in buildings of two or more32.6 percent plus or minus 7.7
- Mobile homes4 plus or minus 7
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac
How Saranac gets to work
- Workers 16 and over who commute899 plus or minus 244
- Commuting under 15 minutes149 plus or minus 71
- Share commuting under 15 minutes16.6 percent plus or minus 6.5
- Commuting 30 minutes or more298 plus or minus 85
- Share commuting 30 minutes or more33.1 percent
- Drove alone81.8 percent plus or minus 34.6
- Carpooled2.7 percent plus or minus 2.1
- Public transport0.0 percent
- Walked0.6 percent plus or minus 0.8
- Worked from home14.1 percent plus or minus 8.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac
SBA 7(a) lending to Saranac borrowers
- Approvals3
- Gross approval$117,800
- Average approval$39,267
- Median approval$35,000
- Ninetieth percentile approval$57,800
- Largest approval$57,800
- Jobs supported8
- Jobs per approval2.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
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.
Saranac
Flood programme status in Saranac
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260421
- Currently effective map date01/16/15(M)
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.
Ionia County, not Saranac
Ionia County context, not Saranac figures
These are Ionia County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Saranac measurements.
- Establishments in Ionia County904
- Employment at those establishments, Ionia County12,367
- Covered employment, Ionia County18,530
- Average annual pay, Ionia County$48,605
- Average weekly wage, Ionia County$935
- Housing units permitted, Ionia County94
- Of those, single family, Ionia County94
- County product, 2024, Ionia County$2,329,180,000
- County product change over the prior year, Ionia County3.6 percent
- Average income of an arriving household, Ionia County$47,844
Every figure in this section is published for Ionia County as a whole and is not a measurement of Saranac. 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
Saranac questions, answered from the record.
How many people live in Saranac, Michigan?
2,013, in 770 households. Saranac village covers 1.15 square miles of land, which is 1,750 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Saranac in?
Ionia 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 Saranac?
$66,944. The median owner-occupied home is valued at $202,800. Median gross rent is $538 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Saranac businesses?
3 7(a) approvals totalling $117,800, across 1 lenders, median approval $35,000. These count approvals to borrowers whose address is in Saranac, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Saranac borrowers get paid back?
No rate is published for Saranac. 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.
Is Saranac in the National Flood Insurance Program?
Yes. Saranac appears in the FEMA Community Status Book as community 260421, 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 Saranac figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Ionia 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 Saranac.
Is zoning published for Saranac?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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