HomeMichiganMacomb CountyRomeo village
Romeo village, Michigan: commercial real estate data.
Romeo village is a Census village of 3,578 people across 2.16 square miles of land, in Macomb County. Median household income is $74,323, 65.7 percent of occupied homes are owned, and the SBA record carries 17 7(a) approvals to borrowers here worth $9.5 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Romeo
What Romeo is
- Census place typevillage
- Land area2.16 sq mi
- Water area0 sq mi
- Population per square mile of land1,655
- County holding the largest share of its areaMacomb 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.
Romeo
How many people live in Romeo
- Population3,578
- Median age46.1
- Population under 18635 plus or minus 185
- Share under 1817.7 percent plus or minus 4.8
- Population 65 and over943 plus or minus 218
- Share 65 and over26.4 percent plus or minus 5.4
- Households1,778
- Family households911
- Share of households that are families51.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Romeo
Income and work in Romeo
- Median household income$74,323 plus or minus $19,910
- Per capita income$46,731
- Civilian labor force1,796
- Employed1,765
- Unemployed31 plus or minus 30
- Unemployment rate1.7 percent plus or minus 1.7
- Adults 25 and over2,721
- Adults 25 and over with a high school diploma or higher88.8 percent
- Adults 25 and over with a bachelor degree or higher30.9 percent
- Adults 25 and over with a graduate degree8.6 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Romeo
Housing in Romeo
- Housing units1,822
- Occupied units1,778
- Vacant units44 plus or minus 63
- Vacancy rate2.4 percent plus or minus 3.4
- Owner occupied1,168
- Renter occupied610 plus or minus 194
- Ownership rate65.7 percent
- Median owner-occupied home value$266,200
- Median gross rent, monthly$981 plus or minus $355
- Annual rent as a share of median income15.8 percent plus or minus 7.1
- Single family units1,288
- Share single family70.7 percent
- Units in buildings of two or more457 plus or minus 202
- Share in buildings of two or more25.1 percent plus or minus 10.5
- Mobile homes77 plus or minus 52
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Romeo
How Romeo gets to work
- Workers 16 and over who commute1,569
- Commuting under 15 minutes501 plus or minus 172
- Share commuting under 15 minutes31.9 percent plus or minus 10.0
- Commuting 30 minutes or more756 plus or minus 165
- Share commuting 30 minutes or more48.2 percent
- Drove alone83.0 percent
- Carpooled4.7 percent plus or minus 3.3
- Public transport0.4 percent plus or minus 0.8
- Walked1.0 percent plus or minus 1.1
- Worked from home9.9 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Romeo
SBA loans in Romeo (7(a))
- Approvals17
- Gross approval$9,507,000
- Average approval$559,235
- Median approval$150,000
- Ninetieth percentile approval$1,860,000
- Largest approval$2,520,000
- Jobs supported148
- Jobs per approval8.7
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS10
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.
Romeo
SBA loans in Romeo (504)
- Approvals12
- Gross approval$5,157,000
- Average approval$429,750
- Median approval$446,000
- Largest approval$1,065,000
- Jobs supported367
- Loans with a final outcome6
- 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.
Romeo
Flood risk in Romeo
- Listed NFIP communities1
- Of those, participating0
- NFIP community number261072
- Currently effective map date09/29/06
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.
Macomb County, not Romeo
Macomb County context, not Romeo figures
These are Macomb County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Romeo measurements.
- Establishments in Macomb County19,593
- Employment at those establishments, Macomb County328,741
- Covered employment, Macomb County336,295
- Average annual pay, Macomb County$71,046
- Average weekly wage, Macomb County$1,366
- Housing units permitted, Macomb County1,317
- Of those, single family, Macomb County1,080
- County product, 2024, Macomb County$54,177,053,000
- County product change over the prior year, Macomb County3.5 percent
- Average income of an arriving household, Macomb County$54,393
Every figure in this section is published for Macomb County as a whole and is not a measurement of Romeo. 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
Romeo questions, answered from the record.
How many people live in Romeo, Michigan?
3,578, in 1,778 households. Romeo village covers 2.16 square miles of land, which is 1,655 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Romeo in?
Macomb 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 Romeo?
$74,323. The median owner-occupied home is valued at $266,200. Median gross rent is $981 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Romeo businesses?
17 7(a) approvals totalling $9.5 m, across 5 lenders, median approval $150,000, plus 12 504 approvals worth $5.2 m. These count approvals to borrowers whose address is in Romeo, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Romeo borrowers get paid back?
No rate is published for Romeo. 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.
Is Romeo in the National Flood Insurance Program?
It is listed but not shown as participating. Romeo appears in the FEMA Community Status Book as community 261072, 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 Romeo figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Macomb 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 Romeo.
Is zoning published for Romeo?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.