HomeMichiganKalkaska CountyRapid City
Rapid City, Michigan: commercial real estate data.
Rapid City is a Census CDP of 1,328 people across 5.41 square miles of land, in Kalkaska County. Median household income is $73,021, 84.8 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $634,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Rapid City
What Rapid City is
- Census place typeCDP
- Land area5.41 sq mi
- Water area0.12 sq mi
- Population per square mile of land246
- County holding the largest share of its areaKalkaska 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.
Rapid City
How many people live in Rapid City
- Population1,328
- Median age50.1
- Population under 18231 plus or minus 91
- Share under 1817.4 percent plus or minus 6.2
- Population 65 and over338 plus or minus 114
- Share 65 and over25.5 percent plus or minus 7.5
- Households632
- Family households444 plus or minus 93
- Share of households that are families70.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rapid City
Income and work in Rapid City
- Median household income$73,021
- Per capita income$36,532 plus or minus $7,343
- Civilian labor force604
- Employed573
- Unemployed31 plus or minus 35
- Unemployment rate5.1 percent plus or minus 5.7
- Adults 25 and over1,042
- Adults 25 and over with a high school diploma or higher94.3 percent
- Adults 25 and over with a bachelor degree or higher13.9 percent plus or minus 4.3
- Adults 25 and over with a graduate degree7.7 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rapid City
Housing in Rapid City
- Housing units944
- Occupied units632
- Vacant units312 plus or minus 96
- Vacancy rate33.1 percent plus or minus 9.3
- Owner occupied536 plus or minus 108
- Renter occupied96 plus or minus 70
- Ownership rate84.8 percent
- Median owner-occupied home value$214,700
- Median gross rent, monthly$969
- Annual rent as a share of median income15.9 percent
- Single family units801
- Share single family84.9 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes143 plus or minus 74
- Median year structure built1978
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rapid City
How Rapid City gets to work
- Workers 16 and over who commute514
- Commuting under 15 minutes87 plus or minus 47
- Share commuting under 15 minutes16.9 percent plus or minus 8.5
- Commuting 30 minutes or more225 plus or minus 90
- Share commuting 30 minutes or more43.8 percent plus or minus 15.5
- Drove alone81.5 percent
- Carpooled12.4 percent plus or minus 10.1
- Public transport0.0 percent
- Walked1.1 percent plus or minus 1.5
- Worked from home5.0 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rapid City
SBA loans in Rapid City (7(a))
- Approvals4
- Gross approval$634,000
- Average approval$158,500
- Median approval$32,500
- Largest approval$554,000
- Jobs supported16
- Jobs per approval4.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term102 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Rapid City, 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.
Kalkaska County, not Rapid City
Kalkaska County context, not Rapid City figures
- Establishments in Kalkaska County353
- Covered employment, Kalkaska County4,860
- Average annual pay, Kalkaska County$60,400
- Housing units permitted, Kalkaska County38
Every figure in this section is published for Kalkaska County as a whole and is not a measurement of Rapid City.
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
Rapid City questions, answered from the record.
How many people live in Rapid City, Michigan?
1,328, in 632 households. Rapid City CDP covers 5.41 square miles of land, which is 246 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Rapid City in?
Kalkaska 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 Rapid City?
$73,021. The median owner-occupied home is valued at $214,700. Median gross rent is $969 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Rapid City businesses?
4 7(a) approvals totaling $634,000 since FY2020, across 2 lenders, median approval $32,500. These count approvals to borrowers whose address is in Rapid City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Rapid City borrowers get paid back?
No rate is published for Rapid City. 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 Rapid City figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kalkaska 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 Rapid City.
Is zoning published for Rapid City?
No. Nothing on this page presents parcel level zoning.
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