HomeMichiganMonroe CountyCarleton
Carleton, Michigan: commercial real estate data.
Carleton is a Census village of 2,595 people across 0.99 square miles of land, in Monroe County. Median household income is $73,365, 79.1 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $2.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Carleton
What Carleton is
- Census place typevillage
- Land area0.99 sq mi
- Water area0 sq mi
- Population per square mile of land2,617
- County holding the largest share of its areaMonroe 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.
Carleton
How many people live in Carleton
- Population2,595
- Median age38.8
- Population under 18719 plus or minus 240
- Share under 1827.7 percent plus or minus 7.7
- Population 65 and over432 plus or minus 138
- Share 65 and over16.6 percent plus or minus 4.3
- Households970
- Family households616
- Share of households that are families63.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carleton
Income and work in Carleton
- Median household income$73,365
- Per capita income$36,004
- Civilian labor force1,215
- Employed1,189
- Unemployed26 plus or minus 26
- Unemployment rate2.1 percent plus or minus 2.1
- Adults 25 and over1,738
- Adults 25 and over with a high school diploma or higher88.9 percent
- Adults 25 and over with a bachelor degree or higher11.0 percent plus or minus 2.6
- Adults 25 and over with a graduate degree3.0 percent plus or minus 1.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carleton
Housing in Carleton
- Housing units994
- Occupied units970
- Vacant units24 plus or minus 27
- Vacancy rate2.4 percent plus or minus 2.7
- Owner occupied767
- Renter occupied203 plus or minus 92
- Ownership rate79.1 percent
- Median owner-occupied home value$207,400
- Median gross rent, monthly$944 plus or minus $600
- Annual rent as a share of median income15.4 percent plus or minus 10.0
- Single family units689 plus or minus 146
- Share single family69.3 percent
- Units in buildings of two or more75 plus or minus 37
- Share in buildings of two or more7.5 percent plus or minus 3.6
- Mobile homes230 plus or minus 88
- Median year structure built1978
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carleton
How Carleton gets to work
- Workers 16 and over who commute1,077
- Commuting under 15 minutes116 plus or minus 66
- Share commuting under 15 minutes10.8 percent plus or minus 5.8
- Commuting 30 minutes or more574 plus or minus 152
- Share commuting 30 minutes or more53.3 percent
- Drove alone85.1 percent
- Carpooled6.4 percent plus or minus 4.9
- Public transport0.0 percent
- Walked0.9 percent plus or minus 1.1
- Worked from home7.6 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carleton
SBA loans in Carleton (7(a))
- Approvals13
- Gross approval$2,395,000
- Average approval$184,231
- Median approval$50,000
- Largest approval$825,000
- Jobs supported42
- Jobs per approval3.2
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.4 percent
- Share to franchises7.7 percent
- Distinct lenders6
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Carleton, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monroe County, not Carleton
Monroe County context, not Carleton figures
- Establishments in Monroe County2,395
- Covered employment, Monroe County41,159
- Average annual pay, Monroe County$60,516
- Housing units permitted, Monroe County237
Every figure in this section is published for Monroe County as a whole and is not a measurement of Carleton.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Carleton questions, answered from the record.
How many people live in Carleton, Michigan?
2,595, in 970 households. Carleton village covers 0.99 square miles of land, which is 2,617 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Carleton in?
Monroe 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 Carleton?
$73,365. The median owner-occupied home is valued at $207,400. Median gross rent is $944 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Carleton businesses?
13 7(a) approvals totaling $2.4 m since FY2020, across 6 lenders, median approval $50,000. These count approvals to borrowers whose address is in Carleton, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Carleton borrowers get paid back?
No rate is published for Carleton. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Carleton figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monroe 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 Carleton.
Is zoning published for Carleton?
No. Nothing on this page presents parcel level zoning.