HomeMichiganOsceola CountyHersey village
Hersey village, Michigan: commercial real estate data.
Hersey village 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.
70 sourced place values · tier FULL · 8 sections · 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$30,000
- Ninetieth percentile approval$117,000
- 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
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.
Hersey
Flood risk in Hersey
- Listed NFIP communities2
- Of those, participating2
- NFIP community number260489
- Currently effective map date09/04/91
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.
Osceola County, not Hersey
Osceola County context, not Hersey figures
These are Osceola County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hersey measurements.
- Establishments in Osceola County441
- Employment at those establishments, Osceola County6,886
- Covered employment, Osceola County8,011
- Average annual pay, Osceola County$56,080
- Average weekly wage, Osceola County$1,078
- Housing units permitted, Osceola County5
- Of those, single family, Osceola County5
- County product, 2024, Osceola County$1,110,869,000
- County product change over the prior year, Osceola County8.8 percent
- Average income of an arriving household, Osceola County$45,515
Every figure in this section is published for Osceola County as a whole and is not a measurement of Hersey. 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
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 totalling $188,000, across 1 lenders, median approval $30,000. 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 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 Hersey in the National Flood Insurance Program?
Yes. Hersey appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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