HomeMichiganMason CountyLudington city
Ludington city, Michigan: commercial real estate data.
Ludington city is a Census city of 7,676 people across 3.36 square miles of land, in Mason County. Median household income is $46,411, 59.6 percent of occupied homes are owned, and the SBA record carries 22 7(a) approvals to borrowers here worth $10.9 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Ludington
What Ludington is
- Census place typecity
- Land area3.36 sq mi
- Water area0.24 sq mi
- Population per square mile of land2,284
- County holding the largest share of its areaMason 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.
Ludington
How many people live in Ludington
- Population7,676
- Median age45.3
- Population under 181,545
- Share under 1820.1 percent
- Population 65 and over2,302
- Share 65 and over30.0 percent
- Households3,706
- Family households2,013
- Share of households that are families54.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ludington
Income and work in Ludington
- Median household income$46,411 plus or minus $9,605
- Per capita income$35,465
- Civilian labor force3,254
- Employed3,136
- Unemployed118 plus or minus 74
- Unemployment rate3.6 percent plus or minus 2.3
- Adults 25 and over5,770
- Adults 25 and over with a high school diploma or higher93.2 percent
- Adults 25 and over with a bachelor degree or higher28.9 percent
- Adults 25 and over with a graduate degree12.3 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ludington
Housing in Ludington
- Housing units4,452
- Occupied units3,706
- Vacant units746 plus or minus 245
- Vacancy rate16.8 percent plus or minus 5.4
- Owner occupied2,210
- Renter occupied1,496
- Ownership rate59.6 percent
- Median owner-occupied home value$201,100
- Median gross rent, monthly$902
- Annual rent as a share of median income23.3 percent plus or minus 6.0
- Single family units2,720
- Share single family61.1 percent
- Units in buildings of two or more1,645
- Share in buildings of two or more36.9 percent
- Mobile homes87 plus or minus 122
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ludington
How Ludington gets to work
- Workers 16 and over who commute2,675
- Commuting under 15 minutes1,651
- Share commuting under 15 minutes61.7 percent
- Commuting 30 minutes or more225 plus or minus 94
- Share commuting 30 minutes or more8.4 percent plus or minus 3.4
- Drove alone63.5 percent
- Carpooled16.1 percent plus or minus 6.7
- Public transport2.2 percent plus or minus 1.5
- Walked4.1 percent plus or minus 2.8
- Worked from home13.3 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ludington
SBA loans in Ludington (7(a))
- Approvals22
- Gross approval$10,860,900
- Average approval$493,677
- Median approval$350,000
- Ninetieth percentile approval$779,400
- Largest approval$2,641,700
- Jobs supported260
- Jobs per approval11.8
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more40.9 percent
- Share to franchises9.1 percent
- Distinct lenders5
- Distinct industries by NAICS20
A charge-off rate is not published here. only 4 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.
Ludington
SBA loans in Ludington (504)
- Approvals9
- Gross approval$8,183,000
- Average approval$909,222
- Median approval$573,000
- Largest approval$2,850,000
- Jobs supported42
- Loans with a final outcome1
- 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.
Ludington
Flood risk in Ludington
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260581
- Currently effective map date08/24/21
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.
Mason County, not Ludington
Mason County context, not Ludington figures
These are Mason County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Ludington measurements.
- Establishments in Mason County738
- Employment at those establishments, Mason County9,225
- Covered employment, Mason County10,186
- Average annual pay, Mason County$48,523
- Average weekly wage, Mason County$933
- Housing units permitted, Mason County177
- Of those, single family, Mason County80
- County product, 2024, Mason County$1,347,252,000
- County product change over the prior year, Mason County2.9 percent
- Average income of an arriving household, Mason County$66,942
Every figure in this section is published for Mason County as a whole and is not a measurement of Ludington. 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
Ludington questions, answered from the record.
How many people live in Ludington, Michigan?
7,676, in 3,706 households. Ludington city covers 3.36 square miles of land, which is 2,284 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ludington in?
Mason 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 Ludington?
$46,411. The median owner-occupied home is valued at $201,100. Median gross rent is $902 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ludington businesses?
22 7(a) approvals totalling $10.9 m, across 5 lenders, median approval $350,000, plus 9 504 approvals worth $8.2 m. These count approvals to borrowers whose address is in Ludington, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ludington borrowers get paid back?
No rate is published for Ludington. only 4 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 Ludington in the National Flood Insurance Program?
Yes. Ludington appears in the FEMA Community Status Book as community 260581, 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 Ludington figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mason 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 Ludington.
Is zoning published for Ludington?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby