HomeMichiganMarquette CountyMichigamme CDP
Michigamme CDP, Michigan: commercial real estate data.
Michigamme CDP is a Census CDP of 229 people across 2.38 square miles of land, in Marquette County. Median household income is $52,083, 99.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $346,500.
68 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Michigamme
What Michigamme is
- Census place typeCDP
- Land area2.38 sq mi
- Water area2.28 sq mi
- Population per square mile of land96 plus or minus 25
- 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.
Michigamme
How many people live in Michigamme
- Population229 plus or minus 60
- Median age61.1
- Population under 1827 plus or minus 19
- Share under 1811.8 percent plus or minus 7.6
- Population 65 and over87 plus or minus 19
- Share 65 and over38.0 percent plus or minus 12.9
- Households103 plus or minus 26
- Family households59 plus or minus 18
- Share of households that are families57.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Michigamme
Income and work in Michigamme
- Median household income$52,083 plus or minus $11,493
- Per capita income$26,520
- Civilian labor force80 plus or minus 30
- Employed66 plus or minus 26
- Unemployed14 plus or minus 12
- Unemployment rate17.5 percent plus or minus 13.5
- Adults 25 and over190 plus or minus 48
- Adults 25 and over with a high school diploma or higher96.3 percent plus or minus 32.1
- Adults 25 and over with a bachelor degree or higher26.3 percent
- Adults 25 and over with a graduate degree6.3 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Michigamme
Housing in Michigamme
- Housing units225
- Occupied units103 plus or minus 26
- Vacant units122 plus or minus 31
- Vacancy rate54.2 percent
- Owner occupied102 plus or minus 26
- Renter occupied1 plus or minus 2
- Ownership rate99.0 percent
- Median owner-occupied home value$163,900 plus or minus $54,330
- Single family units211
- Share single family93.8 percent
- Units in buildings of two or more1 plus or minus 11
- Share in buildings of two or more0.4 percent plus or minus 5.0
- Mobile homes13 plus or minus 9
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Michigamme
How Michigamme gets to work
- Workers 16 and over who commute58 plus or minus 27
- Commuting under 15 minutes21 plus or minus 16
- Share commuting under 15 minutes36.2 percent plus or minus 21.4
- Commuting 30 minutes or more30 plus or minus 18
- Share commuting 30 minutes or more51.7 percent plus or minus 18.6
- Drove alone58.7 percent
- Carpooled15.9 percent plus or minus 14.2
- Public transport0.0 percent
- Walked17.5 percent plus or minus 22.5
- Worked from home7.9 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Michigamme
SBA loans in Michigamme (7(a))
- Approvals1
- Gross approval$346,500
- Average approval$346,500
- Median approval$346,500
- Ninetieth percentile approval$346,500
- Largest approval$346,500
- Jobs supported1
- Jobs per approval1.0
- 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 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.
Michigamme
Flood risk in Michigamme
- Listed NFIP communities1
- Of those, participating0
- NFIP community number260451
- Currently effective map date06/06/24
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 Michigamme
Marquette County context, not Michigamme 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 Michigamme 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 Michigamme. 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.
- No median gross rent is published for this place.
- 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
Michigamme questions, answered from the record.
How many people live in Michigamme, Michigan?
229, in 103 households. Michigamme CDP covers 2.38 square miles of land, which is 96 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Michigamme 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 Michigamme?
$52,083. The median owner-occupied home is valued at $163,900. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Michigamme businesses?
1 7(a) approvals totalling $346,500, across 1 lenders, median approval $346,500. These count approvals to borrowers whose address is in Michigamme, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Michigamme borrowers get paid back?
No rate is published for Michigamme. 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 Michigamme in the National Flood Insurance Program?
It is listed but not shown as participating. Michigamme appears in the FEMA Community Status Book as community 260451, 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 Michigamme 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 Michigamme.
Is zoning published for Michigamme?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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