HomeMichiganMonroe CountyCarleton village
Carleton village, Michigan: commercial real estate data.
Carleton village 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.
66 sourced place values · tier FULL · 7 sections · 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
- Ninetieth percentile approval$623,000
- 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
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.
Monroe County, not Carleton
Monroe County context, not Carleton figures
These are Monroe County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Carleton measurements.
- Establishments in Monroe County2,395
- Employment at those establishments, Monroe County37,143
- Covered employment, Monroe County41,159
- Average annual pay, Monroe County$60,516
- Average weekly wage, Monroe County$1,164
- Housing units permitted, Monroe County237
- Of those, single family, Monroe County219
- County product, 2024, Monroe County$8,136,406,000
- County product change over the prior year, Monroe County3.3 percent
- Average income of an arriving household, Monroe County$62,165
Every figure in this section is published for Monroe County as a whole and is not a measurement of Carleton. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
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 totalling $2.4 m, 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 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.
Are the county figures on this page Carleton figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.