HomeMichiganIron CountyCrystal Falls
Crystal Falls, Michigan: commercial real estate data.
Crystal Falls is a Census city of 1,719 people across 3.49 square miles of land, in Iron County. Median household income is $60,865, 80.7 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $260,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Crystal Falls
What Crystal Falls is
- Census place typecity
- Land area3.49 sq mi
- Water area0.15 sq mi
- Population per square mile of land492
- County holding the largest share of its areaIron 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.
Crystal Falls
How many people live in Crystal Falls
- Population1,719
- Median age41.2
- Population under 18423 plus or minus 89
- Share under 1824.6 percent
- Population 65 and over336
- Share 65 and over19.5 percent
- Households773
- Family households389
- Share of households that are families50.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Crystal Falls
Income and work in Crystal Falls
- Median household income$60,865
- Per capita income$27,223
- Civilian labor force720
- Employed678
- Unemployed42 plus or minus 22
- Unemployment rate5.8 percent plus or minus 2.9
- Adults 25 and over1,200
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher16.3 percent plus or minus 3.5
- Adults 25 and over with a graduate degree3.3 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Crystal Falls
Housing in Crystal Falls
- Housing units945
- Occupied units773
- Vacant units172 plus or minus 63
- Vacancy rate18.2 percent plus or minus 6.2
- Owner occupied624
- Renter occupied149 plus or minus 46
- Ownership rate80.7 percent
- Median owner-occupied home value$83,300
- Median gross rent, monthly$791
- Annual rent as a share of median income15.6 percent plus or minus 4.1
- Single family units859
- Share single family90.9 percent
- Units in buildings of two or more86 plus or minus 35
- Share in buildings of two or more9.1 percent plus or minus 3.5
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Crystal Falls
How Crystal Falls gets to work
- Workers 16 and over who commute618
- Commuting under 15 minutes328 plus or minus 70
- Share commuting under 15 minutes53.1 percent
- Commuting 30 minutes or more109 plus or minus 36
- Share commuting 30 minutes or more17.6 percent plus or minus 5.2
- Drove alone71.9 percent
- Carpooled13.7 percent plus or minus 6.1
- Public transport0.0 percent
- Walked3.7 percent plus or minus 2.2
- Worked from home8.0 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Crystal Falls
SBA loans in Crystal Falls (7(a))
- Approvals2
- Gross approval$260,000
- Average approval$130,000
- Median approval$130,000
- Largest approval$210,000
- Jobs supported21
- Jobs per approval10.5
- 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 franchises50.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Crystal Falls, in any county, FY2020 to FY2026. Only 1 loan has 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.
Iron County, not Crystal Falls
Iron County context, not Crystal Falls figures
- Establishments in Iron County358
- Covered employment, Iron County3,410
- Average annual pay, Iron County$44,921
- Housing units permitted, Iron County156
Every figure in this section is published for Iron County as a whole and is not a measurement of Crystal Falls.
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
Crystal Falls questions, answered from the record.
How many people live in Crystal Falls, Michigan?
1,719, in 773 households. Crystal Falls city covers 3.49 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 Crystal Falls in?
Iron 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 Crystal Falls?
$60,865. The median owner-occupied home is valued at $83,300. Median gross rent is $791 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Crystal Falls businesses?
2 7(a) approvals totaling $260,000 since FY2020, across 2 lenders, median approval $130,000. These count approvals to borrowers whose address is in Crystal Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Crystal Falls borrowers get paid back?
No rate is published for Crystal Falls. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Crystal Falls figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Iron 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 Crystal Falls.
Is zoning published for Crystal Falls?
No. Nothing on this page presents parcel level zoning.
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