HomeMichiganMarquette CountyIshpeming city
Ishpeming city, Michigan: commercial real estate data.
Ishpeming city is a Census city of 6,181 people across 8.75 square miles of land, in Marquette County. Median household income is $52,754, 69.8 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $897,100.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Ishpeming
What Ishpeming is
- Census place typecity
- Land area8.75 sq mi
- Water area0.61 sq mi
- Population per square mile of land707
- County holding the largest share of its areaMarquette 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.
Ishpeming
How many people live in Ishpeming
- Population6,181
- Median age34.8
- Population under 181,534
- Share under 1824.8 percent
- Population 65 and over1,062
- Share 65 and over17.2 percent
- Households2,514
- Family households1,526
- Share of households that are families60.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ishpeming
Income and work in Ishpeming
- Median household income$52,754
- Per capita income$28,115
- Civilian labor force3,021
- Employed2,829
- Unemployed192 plus or minus 86
- Unemployment rate6.4 percent plus or minus 2.8
- Adults 25 and over4,030
- Adults 25 and over with a high school diploma or higher95.7 percent
- Adults 25 and over with a bachelor degree or higher27.0 percent
- Adults 25 and over with a graduate degree7.5 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ishpeming
Housing in Ishpeming
- Housing units2,841
- Occupied units2,514
- Vacant units327 plus or minus 122
- Vacancy rate11.5 percent plus or minus 4.2
- Owner occupied1,754
- Renter occupied760
- Ownership rate69.8 percent
- Median owner-occupied home value$111,900
- Median gross rent, monthly$733
- Annual rent as a share of median income16.7 percent
- Single family units2,003
- Share single family70.5 percent
- Units in buildings of two or more820 plus or minus 167
- Share in buildings of two or more28.9 percent
- Mobile homes18 plus or minus 22
- Median year structure built1941
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ishpeming
How Ishpeming gets to work
- Workers 16 and over who commute2,591
- Commuting under 15 minutes1,121 plus or minus 231
- Share commuting under 15 minutes43.3 percent
- Commuting 30 minutes or more391 plus or minus 132
- Share commuting 30 minutes or more15.1 percent plus or minus 4.9
- Drove alone75.7 percent
- Carpooled7.7 percent plus or minus 3.9
- Public transport0.0 percent
- Walked7.0 percent plus or minus 3.3
- Worked from home7.5 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ishpeming
SBA loans in Ishpeming (7(a))
- Approvals5
- Gross approval$897,100
- Average approval$179,420
- Median approval$102,700
- Ninetieth percentile approval$515,100
- Largest approval$515,100
- Jobs supported12
- Jobs per approval2.4
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 2 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.
Ishpeming
Flood risk in Ishpeming
- Listed NFIP communities2
- Of those, participating1
- NFIP community number261390
- Currently effective map date06/06/24(M)
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.
Marquette County, not Ishpeming
Marquette County context, not Ishpeming figures
These are Marquette County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Ishpeming measurements.
- Establishments in Marquette County1,655
- Employment at those establishments, Marquette County21,827
- Covered employment, Marquette County26,385
- Average annual pay, Marquette County$54,658
- Average weekly wage, Marquette County$1,051
- Housing units permitted, Marquette County91
- Of those, single family, Marquette County89
- County product, 2024, Marquette County$3,596,670,000
- County product change over the prior year, Marquette County-0.5 percent
- Average income of an arriving household, Marquette County$64,690
Every figure in this section is published for Marquette County as a whole and is not a measurement of Ishpeming. 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
Ishpeming questions, answered from the record.
How many people live in Ishpeming, Michigan?
6,181, in 2,514 households. Ishpeming city covers 8.75 square miles of land, which is 707 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ishpeming in?
Marquette 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 Ishpeming?
$52,754. The median owner-occupied home is valued at $111,900. Median gross rent is $733 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ishpeming businesses?
5 7(a) approvals totalling $897,100, across 4 lenders, median approval $102,700. These count approvals to borrowers whose address is in Ishpeming, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ishpeming borrowers get paid back?
No rate is published for Ishpeming. only 2 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 Ishpeming in the National Flood Insurance Program?
Yes. Ishpeming appears in the FEMA Community Status Book as community 261390, 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 Ishpeming figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Marquette 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 Ishpeming.
Is zoning published for Ishpeming?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby