HomeMichiganOsceola CountyHersey
Hersey, Michigan: commercial real estate data.
Hersey is a Census village of 360 people across 1.10 square miles of land, in Osceola County. Median household income is $60,500, 76.4 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $188,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hersey
What Hersey is
- Census place typevillage
- Land area1.1 sq mi
- Water area0 sq mi
- Population per square mile of land327 plus or minus 88
- County holding the largest share of its areaOsceola 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.
Hersey
How many people live in Hersey
- Population360 plus or minus 97
- Median age30.8
- Population under 18104 plus or minus 36
- Share under 1828.9 percent plus or minus 6.3
- Population 65 and over49 plus or minus 20
- Share 65 and over13.6 percent plus or minus 4.0
- Households140 plus or minus 31
- Family households101 plus or minus 28
- Share of households that are families72.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hersey
Income and work in Hersey
- Median household income$60,500 plus or minus $19,196
- Per capita income$25,153
- Civilian labor force170 plus or minus 52
- Employed155 plus or minus 44
- Unemployed15 plus or minus 17
- Unemployment rate8.8 percent plus or minus 9.6
- Adults 25 and over222 plus or minus 50
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher11.7 percent plus or minus 10.4
- Adults 25 and over with a graduate degree2.7 percent plus or minus 5.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hersey
Housing in Hersey
- Housing units163 plus or minus 36
- Occupied units140 plus or minus 31
- Vacant units23 plus or minus 16
- Vacancy rate14.1 percent plus or minus 9.3
- Owner occupied107 plus or minus 31
- Renter occupied33 plus or minus 18
- Ownership rate76.4 percent
- Median owner-occupied home value$157,500
- Median gross rent, monthly$950 plus or minus $311
- Annual rent as a share of median income18.8 percent plus or minus 8.6
- Single family units131 plus or minus 41
- Share single family80.4 percent plus or minus 17.4
- Units in buildings of two or more3 plus or minus 12
- Share in buildings of two or more1.8 percent plus or minus 7.1
- Mobile homes29 plus or minus 16
- Median year structure built1962
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hersey
How Hersey gets to work
- Workers 16 and over who commute144 plus or minus 42
- Commuting under 15 minutes41 plus or minus 25
- Share commuting under 15 minutes28.5 percent plus or minus 15.0
- Commuting 30 minutes or more39 plus or minus 20
- Share commuting 30 minutes or more27.1 percent plus or minus 11.2
- Drove alone71.9 percent plus or minus 15.5
- Carpooled21.6 percent plus or minus 12.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home5.9 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hersey
SBA loans in Hersey (7(a))
- Approvals4
- Gross approval$188,000
- Average approval$47,000
- Median approval$25,500
- Largest approval$117,000
- Jobs supported4
- Jobs per approval1.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Hersey, 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.
Hersey
Flood risk in Hersey
- NFIP communityVillage of Hersey
- NFIP community number260489
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/04/91
The Village of Hersey participates in the National Flood Insurance Program as community 260489 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Osceola County, not Hersey
Osceola County context, not Hersey figures
- Establishments in Osceola County441
- Covered employment, Osceola County8,011
- Average annual pay, Osceola County$56,080
- Housing units permitted, Osceola County5
Every figure in this section is published for Osceola County as a whole and is not a measurement of Hersey.
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
Hersey questions, answered from the record.
How many people live in Hersey, Michigan?
360, in 140 households. Hersey village covers 1.10 square miles of land, which is 327 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hersey in?
Osceola 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 Hersey?
$60,500. The median owner-occupied home is valued at $157,500. Median gross rent is $950 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hersey businesses?
4 7(a) approvals totaling $188,000 since FY2020, across 1 lenders, median approval $25,500. These count approvals to borrowers whose address is in Hersey, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hersey borrowers get paid back?
No rate is published for Hersey. 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.
Is Hersey in the National Flood Insurance Program?
Yes. Hersey appears in the FEMA Community Status Book as Hersey, village of, community 260489, 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 Hersey figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Osceola 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 Hersey.
Is zoning published for Hersey?
No. Nothing on this page presents parcel level zoning.
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