HomeMichiganOceana CountyHesperia village
Hesperia village, Michigan: commercial real estate data.
Hesperia village is a Census village of 934 people across 0.82 square miles of land, lying across Oceana County and Newaygo County. Median household income is $37,174, 72.6 percent of occupied homes are owned, and the SBA record carries 18 7(a) approvals to borrowers here worth $2.5 m.
71 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hesperia
What Hesperia is
- Census place typevillage
- Land area0.82 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,142
- County holding the largest share of its areaOceana County, 57.1 percent
- Counties this place lies inOceana County 57.1 percent, Newaygo County 42.9 percent
Hesperia village crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hesperia
How many people live in Hesperia
- Population934
- Median age46.6 plus or minus 12.6
- Population under 18197 plus or minus 45
- Share under 1821.1 percent
- Population 65 and over239 plus or minus 65
- Share 65 and over25.6 percent plus or minus 5.7
- Households390
- Family households227 plus or minus 60
- Share of households that are families58.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hesperia
Income and work in Hesperia
- Median household income$37,174 plus or minus $8,739
- Per capita income$21,471
- Civilian labor force318 plus or minus 65
- Employed297 plus or minus 61
- Unemployed21 plus or minus 15
- Unemployment rate6.6 percent plus or minus 4.5
- Adults 25 and over669
- Adults 25 and over with a high school diploma or higher87.7 percent plus or minus 20.2
- Adults 25 and over with a bachelor degree or higher8.5 percent plus or minus 3.3
- Adults 25 and over with a graduate degree3.0 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hesperia
Housing in Hesperia
- Housing units412
- Occupied units390
- Vacant units22 plus or minus 23
- Vacancy rate5.3 percent plus or minus 5.5
- Owner occupied283 plus or minus 62
- Renter occupied107 plus or minus 35
- Ownership rate72.6 percent
- Median owner-occupied home value$131,300 plus or minus $32,233
- Median gross rent, monthly$571 plus or minus $398
- Annual rent as a share of median income18.4 percent plus or minus 13.6
- Single family units313 plus or minus 69
- Share single family76.0 percent
- Units in buildings of two or more91 plus or minus 35
- Share in buildings of two or more22.1 percent plus or minus 7.6
- Mobile homes8 plus or minus 7
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hesperia
How Hesperia gets to work
- Workers 16 and over who commute279 plus or minus 60
- Commuting under 15 minutes49 plus or minus 27
- Share commuting under 15 minutes17.6 percent plus or minus 9.0
- Commuting 30 minutes or more107 plus or minus 30
- Share commuting 30 minutes or more38.4 percent
- Drove alone86.0 percent
- Carpooled8.4 percent plus or minus 5.3
- Public transport0.0 percent
- Walked3.2 percent plus or minus 4.2
- Worked from home2.1 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hesperia
SBA loans in Hesperia (7(a))
- Approvals18
- Gross approval$2,532,200
- Average approval$140,678
- Median approval$62,000
- Ninetieth percentile approval$181,700
- Largest approval$1,305,800
- Jobs supported76
- Jobs per approval4.2
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more11.1 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS8
A charge-off rate is not published here. only 5 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.
Hesperia
Flood risk in Hesperia
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260485
- Currently effective map date08/04/14(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.
Oceana County, not Hesperia
Oceana County context, not Hesperia figures
These are Oceana County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hesperia measurements.
- Establishments in Oceana County468
- Employment at those establishments, Oceana County4,588
- Covered employment, Oceana County6,470
- Average annual pay, Oceana County$45,679
- Average weekly wage, Oceana County$878
- Housing units permitted, Oceana County147
- Of those, single family, Oceana County147
- County product, 2024, Oceana County$832,889,000
- County product change over the prior year, Oceana County-2.2 percent
- Average income of an arriving household, Oceana County$75,921
Every figure in this section is published for Oceana County as a whole and is not a measurement of Hesperia. 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
Hesperia questions, answered from the record.
How many people live in Hesperia, Michigan?
934, in 390 households. Hesperia village covers 0.82 square miles of land, which is 1,142 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hesperia in?
Hesperia lies in more than one. By area it is 57.1 percent in Oceana County, 42.9 percent in Newaygo County. This page sits under Oceana County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Hesperia?
$37,174. The median owner-occupied home is valued at $131,300. Median gross rent is $571 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hesperia businesses?
18 7(a) approvals totalling $2.5 m, across 2 lenders, median approval $62,000. These count approvals to borrowers whose address is in Hesperia, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hesperia borrowers get paid back?
No rate is published for Hesperia. only 5 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 Hesperia in the National Flood Insurance Program?
Yes. Hesperia appears in the FEMA Community Status Book as community 260485, 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 Hesperia figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oceana 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 Hesperia.
Is zoning published for Hesperia?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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