HomeMichiganOgemaw CountyPrescott
Prescott, Michigan: commercial real estate data.
Prescott is a Census village of 270 people across 1.11 square miles of land, in Ogemaw County. Median household income is $57,885, 90.6 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $190,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Prescott
What Prescott is
- Census place typevillage
- Land area1.11 sq mi
- Water area0 sq mi
- Population per square mile of land243 plus or minus 88
- County holding the largest share of its areaOgemaw 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.
Prescott
How many people live in Prescott
- Population270 plus or minus 98
- Median age46.2 plus or minus 11.2
- Population under 1854 plus or minus 31
- Share under 1820.0 percent plus or minus 9.0
- Population 65 and over73 plus or minus 35
- Share 65 and over27.0 percent plus or minus 8.6
- Households96 plus or minus 30
- Family households68 plus or minus 29
- Share of households that are families70.8 percent plus or minus 20.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prescott
Income and work in Prescott
- Median household income$57,885 plus or minus $14,193
- Per capita income$19,776
- Civilian labor force106 plus or minus 40
- Employed91 plus or minus 34
- Unemployed15 plus or minus 13
- Unemployment rate14.2 percent plus or minus 11.0
- Adults 25 and over193 plus or minus 62
- Adults 25 and over with a high school diploma or higher85.5 percent plus or minus 37.9
- Adults 25 and over with a bachelor degree or higher3.6 percent plus or minus 6.4
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prescott
Housing in Prescott
- Housing units137 plus or minus 39
- Occupied units96 plus or minus 30
- Vacant units41 plus or minus 21
- Vacancy rate29.9 percent plus or minus 12.7
- Owner occupied87 plus or minus 29
- Renter occupied9 plus or minus 8
- Ownership rate90.6 percent
- Median owner-occupied home value$68,800
- Median gross rent, monthly$1,339
- Annual rent as a share of median income27.8 percent plus or minus 7.0
- Single family units124 plus or minus 39
- Share single family90.5 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes13 plus or minus 14
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prescott
How Prescott gets to work
- Workers 16 and over who commute83 plus or minus 32
- Commuting under 15 minutes27 plus or minus 17
- Share commuting under 15 minutes32.5 percent plus or minus 16.9
- Commuting 30 minutes or more26 plus or minus 19
- Share commuting 30 minutes or more31.3 percent plus or minus 19.5
- Drove alone78.0 percent
- Carpooled5.5 percent plus or minus 7.4
- Public transport0.0 percent
- Walked7.7 percent plus or minus 8.3
- Worked from home8.8 percent plus or minus 8.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prescott
SBA loans in Prescott (7(a))
- Approvals3
- Gross approval$190,000
- Average approval$63,333
- Median approval$50,000
- Largest approval$130,000
- Jobs supported10
- Jobs per approval3.3
- 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 lenders2
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Prescott, in any county, FY2020 to FY2026. Only 0 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.
Ogemaw County, not Prescott
Ogemaw County context, not Prescott figures
- Establishments in Ogemaw County567
- Covered employment, Ogemaw County6,008
- Average annual pay, Ogemaw County$42,697
- Housing units permitted, Ogemaw County56
Every figure in this section is published for Ogemaw County as a whole and is not a measurement of Prescott.
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
Prescott questions, answered from the record.
How many people live in Prescott, Michigan?
270, in 96 households. Prescott village covers 1.11 square miles of land, which is 243 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Prescott in?
Ogemaw 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 Prescott?
$57,885. The median owner-occupied home is valued at $68,800. Median gross rent is $1,339 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Prescott businesses?
3 7(a) approvals totaling $190,000 since FY2020, across 2 lenders, median approval $50,000. These count approvals to borrowers whose address is in Prescott, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Prescott borrowers get paid back?
No rate is published for Prescott. Only 0 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 Prescott figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Ogemaw 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 Prescott.
Is zoning published for Prescott?
No. Nothing on this page presents parcel level zoning.
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