HomeMichiganKalamazoo CountyParchment city
Parchment city, Michigan: commercial real estate data.
Parchment city is a Census city of 2,008 people across 0.92 square miles of land, in Kalamazoo County. Median household income is $72,798, 58.0 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $499,500.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Parchment
What Parchment is
- Census place typecity
- Land area0.92 sq mi
- Water area0.02 sq mi
- Population per square mile of land2,177
- County holding the largest share of its areaKalamazoo 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.
Parchment
How many people live in Parchment
- Population2,008
- Median age29.4
- Population under 18423 plus or minus 119
- Share under 1821.1 percent plus or minus 5.2
- Population 65 and over208 plus or minus 44
- Share 65 and over10.4 percent
- Households907
- Family households486 plus or minus 141
- Share of households that are families53.6 percent plus or minus 12.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parchment
Income and work in Parchment
- Median household income$72,798 plus or minus $21,380
- Per capita income$40,618
- Civilian labor force1,291
- Employed1,187
- Unemployed104 plus or minus 100
- Unemployment rate8.1 percent plus or minus 7.6
- Adults 25 and over1,299
- Adults 25 and over with a high school diploma or higher96.6 percent plus or minus 25.8
- Adults 25 and over with a bachelor degree or higher23.5 percent
- Adults 25 and over with a graduate degree6.3 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parchment
Housing in Parchment
- Housing units992
- Occupied units907
- Vacant units85 plus or minus 73
- Vacancy rate8.6 percent plus or minus 7.2
- Owner occupied526 plus or minus 110
- Renter occupied381 plus or minus 145
- Ownership rate58.0 percent
- Median owner-occupied home value$184,000
- Median gross rent, monthly$1,045
- Annual rent as a share of median income17.2 percent plus or minus 5.3
- Single family units638
- Share single family64.3 percent
- Units in buildings of two or more354 plus or minus 162
- Share in buildings of two or more35.7 percent plus or minus 15.3
- Mobile homes0
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parchment
How Parchment gets to work
- Workers 16 and over who commute1,035
- Commuting under 15 minutes237 plus or minus 89
- Share commuting under 15 minutes22.9 percent plus or minus 7.6
- Commuting 30 minutes or more246 plus or minus 99
- Share commuting 30 minutes or more23.8 percent plus or minus 8.7
- Drove alone82.9 percent
- Carpooled1.8 percent plus or minus 2.1
- Public transport0.9 percent plus or minus 1.4
- Walked3.7 percent plus or minus 3.3
- Worked from home10.7 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parchment
SBA loans in Parchment (7(a))
- Approvals4
- Gross approval$499,500
- Average approval$124,875
- Median approval$96,000
- Ninetieth percentile approval$328,500
- Largest approval$328,500
- Jobs supported44
- Jobs per approval11.0
- 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 franchises25.0 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.
Parchment
SBA loans in Parchment (504)
- Approvals1
- Gross approval$114,000
- Average approval$114,000
- Median approval$114,000
- Largest approval$114,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Parchment
Flood risk in Parchment
- Listed NFIP communities1
- Of those, participating0
- NFIP community number260319
- Currently effective map date07/31/24
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.
Kalamazoo County, not Parchment
Kalamazoo County context, not Parchment figures
These are Kalamazoo County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Parchment measurements.
- Establishments in Kalamazoo County5,704
- Employment at those establishments, Kalamazoo County114,065
- Covered employment, Kalamazoo County120,708
- Average annual pay, Kalamazoo County$65,730
- Average weekly wage, Kalamazoo County$1,264
- Housing units permitted, Kalamazoo County301
- Of those, single family, Kalamazoo County284
- County product, 2024, Kalamazoo County$20,706,266,000
- County product change over the prior year, Kalamazoo County4.8 percent
- Average income of an arriving household, Kalamazoo County$61,079
Every figure in this section is published for Kalamazoo County as a whole and is not a measurement of Parchment. 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
Parchment questions, answered from the record.
How many people live in Parchment, Michigan?
2,008, in 907 households. Parchment city covers 0.92 square miles of land, which is 2,177 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Parchment in?
Kalamazoo 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 Parchment?
$72,798. The median owner-occupied home is valued at $184,000. Median gross rent is $1,045 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Parchment businesses?
4 7(a) approvals totalling $499,500, across 3 lenders, median approval $96,000, plus 1 504 approvals worth $114,000. These count approvals to borrowers whose address is in Parchment, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Parchment borrowers get paid back?
No rate is published for Parchment. 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 Parchment in the National Flood Insurance Program?
It is listed but not shown as participating. Parchment appears in the FEMA Community Status Book as community 260319, 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 Parchment figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kalamazoo 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 Parchment.
Is zoning published for Parchment?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.