HomeMichiganLake CountyLuther village
Luther village, Michigan: commercial real estate data.
Luther village is a Census village of 303 people across 0.97 square miles of land, in Lake County. Median household income is $54,167, 75.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $1.1 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Luther
What Luther is
- Census place typevillage
- Land area0.97 sq mi
- Water area0.01 sq mi
- Population per square mile of land311 plus or minus 75
- County holding the largest share of its areaLake 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.
Luther
How many people live in Luther
- Population303 plus or minus 73
- Median age42.8 plus or minus 10.9
- Population under 1847 plus or minus 17
- Share under 1815.5 percent plus or minus 4.4
- Population 65 and over50 plus or minus 19
- Share 65 and over16.5 percent plus or minus 4.9
- Households136 plus or minus 31
- Family households98 plus or minus 31
- Share of households that are families72.1 percent plus or minus 15.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
Income and work in Luther
- Median household income$54,167 plus or minus $14,930
- Per capita income$34,377 plus or minus $16,207
- Civilian labor force129 plus or minus 44
- Employed117 plus or minus 40
- Unemployed12 plus or minus 9
- Unemployment rate9.3 percent plus or minus 6.2
- Adults 25 and over230 plus or minus 69
- Adults 25 and over with a high school diploma or higher83.9 percent plus or minus 32.8
- Adults 25 and over with a bachelor degree or higher21.3 percent plus or minus 12.4
- Adults 25 and over with a graduate degree7.4 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
Housing in Luther
- Housing units193
- Occupied units136 plus or minus 31
- Vacant units57 plus or minus 24
- Vacancy rate29.5 percent plus or minus 11.1
- Owner occupied102 plus or minus 30
- Renter occupied34 plus or minus 18
- Ownership rate75.0 percent
- Median owner-occupied home value$102,300 plus or minus $64,855
- Median gross rent, monthly$1,054
- Annual rent as a share of median income23.4 percent plus or minus 7.6
- Single family units185
- Share single family95.9 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes8 plus or minus 11
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
How Luther gets to work
- Workers 16 and over who commute99 plus or minus 37
- Commuting under 15 minutes22 plus or minus 12
- Share commuting under 15 minutes22.2 percent plus or minus 9.3
- Commuting 30 minutes or more67 plus or minus 32
- Share commuting 30 minutes or more67.7 percent plus or minus 19.9
- Drove alone61.4 percent plus or minus 13.5
- Carpooled18.4 percent plus or minus 10.4
- Public transport0.0 percent
- Walked6.1 percent plus or minus 5.7
- Worked from home13.2 percent plus or minus 10.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Luther
SBA loans in Luther (7(a))
- Approvals1
- Gross approval$1,063,500
- Average approval$1,063,500
- Median approval$1,063,500
- Ninetieth percentile approval$1,063,500
- Largest approval$1,063,500
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 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.
Lake County, not Luther
Lake County context, not Luther figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Luther measurements.
- Establishments in Lake County176
- Employment at those establishments, Lake County1,192
- Covered employment, Lake County1,721
- Average annual pay, Lake County$39,827
- Average weekly wage, Lake County$766
- Housing units permitted, Lake County30
- Of those, single family, Lake County30
- County product, 2024, Lake County$288,926,000
- County product change over the prior year, Lake County0.8 percent
- Average income of an arriving household, Lake County$69,173
Every figure in this section is published for Lake County as a whole and is not a measurement of Luther. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
Luther questions, answered from the record.
How many people live in Luther, Michigan?
303, in 136 households. Luther village covers 0.97 square miles of land, which is 311 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Luther in?
Lake 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 Luther?
$54,167. The median owner-occupied home is valued at $102,300. Median gross rent is $1,054 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Luther businesses?
1 7(a) approvals totalling $1.1 m, across 1 lenders, median approval $1,063,500. These count approvals to borrowers whose address is in Luther, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Luther borrowers get paid back?
No rate is published for Luther. only 0 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.
Are the county figures on this page Luther figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake 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 Luther.
Is zoning published for Luther?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.