HomeMichiganKent CountyLowell city
Lowell city, Michigan: commercial real estate data.
Lowell city is a Census city of 4,139 people across 2.88 square miles of land, in Kent County. Median household income is $72,875, 70.0 percent of occupied homes are owned, and the SBA record carries 27 7(a) approvals to borrowers here worth $6.3 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lowell
What Lowell is
- Census place typecity
- Land area2.88 sq mi
- Water area0.22 sq mi
- Population per square mile of land1,437
- County holding the largest share of its areaKent 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.
Lowell
How many people live in Lowell
- Population4,139
- Median age35.7
- Population under 181,074 plus or minus 352
- Share under 1825.9 percent plus or minus 8.5
- Population 65 and over694 plus or minus 154
- Share 65 and over16.8 percent plus or minus 3.7
- Households1,678
- Family households1,127
- Share of households that are families67.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
Income and work in Lowell
- Median household income$72,875 plus or minus $16,474
- Per capita income$34,053
- Civilian labor force1,925
- Employed1,916
- Unemployed9 plus or minus 16
- Unemployment rate0.5 percent plus or minus 0.8
- Adults 25 and over2,721
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher29.7 percent plus or minus 7.9
- Adults 25 and over with a graduate degree10.8 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
Housing in Lowell
- Housing units1,779
- Occupied units1,678
- Vacant units101 plus or minus 90
- Vacancy rate5.7 percent plus or minus 5.0
- Owner occupied1,175
- Renter occupied503 plus or minus 161
- Ownership rate70.0 percent
- Median owner-occupied home value$228,400
- Median gross rent, monthly$1,056 plus or minus $215
- Annual rent as a share of median income17.4 percent plus or minus 5.3
- Single family units1,262
- Share single family70.9 percent
- Units in buildings of two or more413 plus or minus 167
- Share in buildings of two or more23.2 percent plus or minus 9.1
- Mobile homes104 plus or minus 53
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
How Lowell gets to work
- Workers 16 and over who commute1,656
- Commuting under 15 minutes577 plus or minus 232
- Share commuting under 15 minutes34.8 percent plus or minus 13.2
- Commuting 30 minutes or more492 plus or minus 203
- Share commuting 30 minutes or more29.7 percent plus or minus 11.6
- Drove alone76.9 percent
- Carpooled3.0 percent plus or minus 3.1
- Public transport0.9 percent plus or minus 1.5
- Walked7.9 percent plus or minus 5.2
- Worked from home8.7 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
SBA loans in Lowell (7(a))
- Approvals27
- Gross approval$6,283,800
- Average approval$232,733
- Median approval$160,000
- Ninetieth percentile approval$340,000
- Largest approval$2,000,000
- Jobs supported278
- Jobs per approval10.3
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more3.7 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS21
A charge-off rate is not published here. only 4 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.
Lowell
SBA loans in Lowell (504)
- Approvals7
- Gross approval$4,644,000
- Average approval$663,429
- Median approval$494,000
- Largest approval$1,575,000
- Jobs supported113
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lowell
Flood risk in Lowell
- Listed NFIP communities2
- Of those, participating1
- NFIP community number260108
- Currently effective map date02/23/23
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.
Kent County, not Lowell
Kent County context, not Lowell figures
These are Kent County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lowell measurements.
- Establishments in Kent County17,799
- Employment at those establishments, Kent County384,635
- Covered employment, Kent County415,565
- Average annual pay, Kent County$62,288
- Average weekly wage, Kent County$1,198
- Housing units permitted, Kent County2,090
- Of those, single family, Kent County1,141
- County product, 2024, Kent County$60,316,473,000
- County product change over the prior year, Kent County4.5 percent
- Average income of an arriving household, Kent County$84,215
Every figure in this section is published for Kent County as a whole and is not a measurement of Lowell. 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
Lowell questions, answered from the record.
How many people live in Lowell, Michigan?
4,139, in 1,678 households. Lowell city covers 2.88 square miles of land, which is 1,437 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lowell in?
Kent 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 Lowell?
$72,875. The median owner-occupied home is valued at $228,400. Median gross rent is $1,056 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lowell businesses?
27 7(a) approvals totalling $6.3 m, across 7 lenders, median approval $160,000, plus 7 504 approvals worth $4.6 m. These count approvals to borrowers whose address is in Lowell, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lowell borrowers get paid back?
No rate is published for Lowell. only 4 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 Lowell in the National Flood Insurance Program?
Yes. Lowell appears in the FEMA Community Status Book as community 260108, 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 Lowell figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kent 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 Lowell.
Is zoning published for Lowell?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.