HomeMichiganOsceola CountyReed City city
Reed City city, Michigan: commercial real estate data.
Reed City city is a Census city of 2,517 people across 2.10 square miles of land, in Osceola County. Median household income is $52,304, 59.0 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $2.7 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Reed City
What Reed City is
- Census place typecity
- Land area2.1 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,197
- 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.
Reed City
How many people live in Reed City
- Population2,517
- Median age40.1
- Population under 18451 plus or minus 98
- Share under 1817.9 percent plus or minus 3.9
- Population 65 and over528 plus or minus 107
- Share 65 and over21.0 percent plus or minus 4.3
- Households1,069
- Family households581
- Share of households that are families54.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reed City
Income and work in Reed City
- Median household income$52,304
- Per capita income$25,769
- Civilian labor force1,098
- Employed978
- Unemployed120 plus or minus 84
- Unemployment rate10.9 percent plus or minus 7.5
- Adults 25 and over1,831
- Adults 25 and over with a high school diploma or higher84.5 percent
- Adults 25 and over with a bachelor degree or higher14.0 percent plus or minus 4.1
- Adults 25 and over with a graduate degree5.1 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reed City
Housing in Reed City
- Housing units1,180
- Occupied units1,069
- Vacant units111 plus or minus 68
- Vacancy rate9.4 percent plus or minus 5.7
- Owner occupied631
- Renter occupied438
- Ownership rate59.0 percent
- Median owner-occupied home value$115,000
- Median gross rent, monthly$714 plus or minus $197
- Annual rent as a share of median income16.4 percent plus or minus 4.7
- Single family units839
- Share single family71.1 percent
- Units in buildings of two or more252 plus or minus 79
- Share in buildings of two or more21.4 percent plus or minus 6.3
- Mobile homes89 plus or minus 39
- Median year structure built1961
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reed City
How Reed City gets to work
- Workers 16 and over who commute869
- Commuting under 15 minutes342 plus or minus 106
- Share commuting under 15 minutes39.4 percent plus or minus 11.1
- Commuting 30 minutes or more249 plus or minus 75
- Share commuting 30 minutes or more28.7 percent plus or minus 7.9
- Drove alone70.2 percent
- Carpooled12.8 percent plus or minus 5.5
- Public transport0.0 percent
- Walked5.3 percent plus or minus 4.8
- Worked from home11.8 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reed City
SBA loans in Reed City (7(a))
- Approvals14
- Gross approval$2,732,000
- Average approval$195,143
- Median approval$115,000
- Ninetieth percentile approval$500,000
- Largest approval$916,200
- Jobs supported104
- Jobs per approval7.4
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more21.4 percent
- Share to franchises14.3 percent
- Distinct lenders6
- Distinct industries by NAICS11
A charge-off rate is not published here. only 4 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.
Reed City
SBA loans in Reed City (504)
- Approvals1
- Gross approval$1,435,000
- Average approval$1,435,000
- Median approval$1,435,000
- Largest approval$1,435,000
- Jobs supported40
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Osceola County, not Reed City
Osceola County context, not Reed City 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 Reed City 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 Reed City. 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
Reed City questions, answered from the record.
How many people live in Reed City, Michigan?
2,517, in 1,069 households. Reed City city covers 2.10 square miles of land, which is 1,197 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Reed City 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 Reed City?
$52,304. The median owner-occupied home is valued at $115,000. Median gross rent is $714 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Reed City businesses?
14 7(a) approvals totalling $2.7 m, across 6 lenders, median approval $115,000, plus 1 504 approvals worth $1.4 m. These count approvals to borrowers whose address is in Reed City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Reed City borrowers get paid back?
No rate is published for Reed City. only 4 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 Reed City 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 Reed City.
Is zoning published for Reed City?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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