HomeMichiganIsabella CountyShepherd
Shepherd, Michigan: commercial real estate data.
Shepherd is a Census village of 1,457 people across 0.96 square miles of land, in Isabella County. Median household income is $70,156, 66.4 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $330,100 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Shepherd
What Shepherd is
- Census place typevillage
- Land area0.96 sq mi
- Water area0 sq mi
- Population per square mile of land1,522
- County holding the largest share of its areaIsabella 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.
Shepherd
How many people live in Shepherd
- Population1,457
- Median age32.9
- Population under 18290 plus or minus 83
- Share under 1819.9 percent plus or minus 4.7
- Population 65 and over191 plus or minus 46
- Share 65 and over13.1 percent
- Households560
- Family households340
- Share of households that are families60.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shepherd
Income and work in Shepherd
- Median household income$70,156
- Per capita income$30,075
- Civilian labor force791
- Employed784
- Unemployed7 plus or minus 8
- Unemployment rate0.9 percent plus or minus 1.0
- Adults 25 and over973
- Adults 25 and over with a high school diploma or higher97.8 percent plus or minus 20.9
- Adults 25 and over with a bachelor degree or higher26.6 percent plus or minus 5.8
- Adults 25 and over with a graduate degree8.6 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shepherd
Housing in Shepherd
- Housing units607
- Occupied units560
- Vacant units47 plus or minus 29
- Vacancy rate7.7 percent plus or minus 4.6
- Owner occupied372
- Renter occupied188 plus or minus 51
- Ownership rate66.4 percent
- Median owner-occupied home value$157,000
- Median gross rent, monthly$789
- Annual rent as a share of median income13.5 percent
- Single family units459
- Share single family75.6 percent
- Units in buildings of two or more146 plus or minus 54
- Share in buildings of two or more24.1 percent plus or minus 8.2
- Mobile homes2 plus or minus 3
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shepherd
How Shepherd gets to work
- Workers 16 and over who commute760
- Commuting under 15 minutes264 plus or minus 72
- Share commuting under 15 minutes34.7 percent plus or minus 7.3
- Commuting 30 minutes or more96 plus or minus 31
- Share commuting 30 minutes or more12.6 percent plus or minus 3.4
- Drove alone86.7 percent
- Carpooled4.5 percent plus or minus 2.6
- Public transport0.0 percent
- Walked5.8 percent plus or minus 3.8
- Worked from home2.8 percent plus or minus 1.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shepherd
SBA loans in Shepherd (7(a))
- Approvals4
- Gross approval$330,100
- Average approval$82,525
- Median approval$50,050
- Largest approval$180,000
- Jobs supported7
- Jobs per approval1.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Shepherd, 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.
Shepherd
Flood risk in Shepherd
- NFIP communityVillage of Shepherd
- NFIP community number260922
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/05/14(M)
The Village of Shepherd participates in the National Flood Insurance Program as community 260922 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.
Isabella County, not Shepherd
Isabella County context, not Shepherd figures
- Establishments in Isabella County1,423
- Covered employment, Isabella County26,640
- Average annual pay, Isabella County$50,992
- Housing units permitted, Isabella County75
Every figure in this section is published for Isabella County as a whole and is not a measurement of Shepherd.
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
Shepherd questions, answered from the record.
How many people live in Shepherd, Michigan?
1,457, in 560 households. Shepherd village covers 0.96 square miles of land, which is 1,522 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Shepherd in?
Isabella 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 Shepherd?
$70,156. The median owner-occupied home is valued at $157,000. Median gross rent is $789 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Shepherd businesses?
4 7(a) approvals totaling $330,100 since FY2020, across 3 lenders, median approval $50,050. These count approvals to borrowers whose address is in Shepherd, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Shepherd borrowers get paid back?
No rate is published for Shepherd. 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 Shepherd in the National Flood Insurance Program?
Yes. Shepherd appears in the FEMA Community Status Book as Shepherd, village of, community 260922, 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 Shepherd figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Isabella 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 Shepherd.
Is zoning published for Shepherd?
No. Nothing on this page presents parcel level zoning.
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