HomeMichiganLapeer CountyLapeer city
Lapeer city, Michigan: commercial real estate data.
Lapeer city is a Census city of 9,082 people across 7.34 square miles of land, in Lapeer County. Median household income is $52,716, 50.5 percent of occupied homes are owned, and the SBA record carries 41 7(a) approvals to borrowers here worth $16.4 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lapeer
What Lapeer is
- Census place typecity
- Land area7.34 sq mi
- Water area0.17 sq mi
- Population per square mile of land1,236
- County holding the largest share of its areaLapeer 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.
Lapeer
How many people live in Lapeer
- Population9,082
- Median age39.8
- Population under 181,836
- Share under 1820.2 percent
- Population 65 and over1,573
- Share 65 and over17.3 percent
- Households3,701
- Family households1,982
- Share of households that are families53.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapeer
Income and work in Lapeer
- Median household income$52,716
- Per capita income$30,586 plus or minus $8,425
- Civilian labor force3,838
- Employed3,701
- Unemployed137 plus or minus 90
- Unemployment rate3.6 percent plus or minus 2.3
- Adults 25 and over6,551
- Adults 25 and over with a high school diploma or higher87.4 percent
- Adults 25 and over with a bachelor degree or higher16.5 percent
- Adults 25 and over with a graduate degree3.6 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapeer
Housing in Lapeer
- Housing units3,990
- Occupied units3,701
- Vacant units289 plus or minus 136
- Vacancy rate7.2 percent plus or minus 3.4
- Owner occupied1,869
- Renter occupied1,832
- Ownership rate50.5 percent
- Median owner-occupied home value$178,400
- Median gross rent, monthly$1,002
- Annual rent as a share of median income22.8 percent
- Single family units1,935
- Share single family48.5 percent
- Units in buildings of two or more1,703
- Share in buildings of two or more42.7 percent
- Mobile homes352 plus or minus 118
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapeer
How Lapeer gets to work
- Workers 16 and over who commute3,343
- Commuting under 15 minutes1,579
- Share commuting under 15 minutes47.2 percent
- Commuting 30 minutes or more1,098 plus or minus 243
- Share commuting 30 minutes or more32.8 percent plus or minus 6.6
- Drove alone73.7 percent
- Carpooled12.3 percent plus or minus 4.4
- Public transport0.3 percent plus or minus 0.5
- Walked3.0 percent plus or minus 2.4
- Worked from home8.9 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapeer
SBA loans in Lapeer (7(a))
- Approvals41
- Gross approval$16,351,200
- Average approval$398,810
- Median approval$150,000
- Ninetieth percentile approval$926,000
- Largest approval$2,900,000
- Jobs supported403
- Jobs per approval9.8
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more17.1 percent
- Share to franchises4.9 percent
- Distinct lenders19
- Distinct industries by NAICS28
A charge-off rate is not published here. only 6 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.
Lapeer
SBA loans in Lapeer (504)
- Approvals12
- Gross approval$5,168,000
- Average approval$430,667
- Median approval$401,000
- Largest approval$857,000
- Jobs supported127
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lapeer
Flood risk in Lapeer
- Listed NFIP communities2
- Of those, participating2
- NFIP community number260112
- Currently effective map date09/19/07
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.
Lapeer County, not Lapeer
Lapeer County context, not Lapeer figures
These are Lapeer County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lapeer measurements.
- Establishments in Lapeer County1,771
- Employment at those establishments, Lapeer County20,902
- Covered employment, Lapeer County21,986
- Average annual pay, Lapeer County$51,778
- Average weekly wage, Lapeer County$996
- Housing units permitted, Lapeer County149
- Of those, single family, Lapeer County149
- County product, 2024, Lapeer County$3,257,810,000
- County product change over the prior year, Lapeer County3.6 percent
- Average income of an arriving household, Lapeer County$63,881
Every figure in this section is published for Lapeer County as a whole and is not a measurement of Lapeer. 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
Lapeer questions, answered from the record.
How many people live in Lapeer, Michigan?
9,082, in 3,701 households. Lapeer city covers 7.34 square miles of land, which is 1,236 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lapeer in?
Lapeer 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 Lapeer?
$52,716. The median owner-occupied home is valued at $178,400. Median gross rent is $1,002 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lapeer businesses?
41 7(a) approvals totalling $16.4 m, across 19 lenders, median approval $150,000, plus 12 504 approvals worth $5.2 m. These count approvals to borrowers whose address is in Lapeer, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lapeer borrowers get paid back?
No rate is published for Lapeer. only 6 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 Lapeer in the National Flood Insurance Program?
Yes. Lapeer appears in the FEMA Community Status Book as community 260112, 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 Lapeer figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lapeer 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 Lapeer.
Is zoning published for Lapeer?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.