HomeMichiganTuscola CountyReese village
Reese village, Michigan: commercial real estate data.
Reese village is a Census village of 1,274 people across 1.35 square miles of land, in Tuscola County. Median household income is $82,361, 75.1 percent of occupied homes are owned, and the SBA record carries 11 7(a) approvals to borrowers here worth $3.8 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Reese
What Reese is
- Census place typevillage
- Land area1.35 sq mi
- Water area0 sq mi
- Population per square mile of land943
- County holding the largest share of its areaTuscola County, 98.6 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.
Reese
How many people live in Reese
- Population1,274
- Median age46.9
- Population under 18235 plus or minus 73
- Share under 1818.4 percent plus or minus 5.1
- Population 65 and over347
- Share 65 and over27.2 percent
- Households575
- Family households379
- Share of households that are families65.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reese
Income and work in Reese
- Median household income$82,361
- Per capita income$43,270
- Civilian labor force675 plus or minus 137
- Employed599
- Unemployed76 plus or minus 60
- Unemployment rate11.3 percent plus or minus 8.6
- Adults 25 and over962
- Adults 25 and over with a high school diploma or higher97.9 percent
- Adults 25 and over with a bachelor degree or higher29.3 percent plus or minus 6.4
- Adults 25 and over with a graduate degree10.7 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reese
Housing in Reese
- Housing units600
- Occupied units575
- Vacant units25 plus or minus 22
- Vacancy rate4.2 percent plus or minus 3.6
- Owner occupied432
- Renter occupied143 plus or minus 46
- Ownership rate75.1 percent
- Median owner-occupied home value$174,700
- Median gross rent, monthly$879
- Annual rent as a share of median income12.8 percent
- Single family units481
- Share single family80.2 percent
- Units in buildings of two or more107 plus or minus 43
- Share in buildings of two or more17.8 percent plus or minus 6.7
- Mobile homes12 plus or minus 11
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reese
How Reese gets to work
- Workers 16 and over who commute550
- Commuting under 15 minutes150 plus or minus 57
- Share commuting under 15 minutes27.3 percent plus or minus 9.1
- Commuting 30 minutes or more90 plus or minus 29
- Share commuting 30 minutes or more16.4 percent plus or minus 4.2
- Drove alone82.7 percent
- Carpooled8.0 percent plus or minus 5.6
- Public transport0.0 percent
- Walked2.9 percent plus or minus 1.6
- Worked from home6.5 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Reese
SBA loans in Reese (7(a))
- Approvals11
- Gross approval$3,807,700
- Average approval$346,155
- Median approval$125,000
- Ninetieth percentile approval$1,152,300
- Largest approval$1,244,700
- Jobs supported57
- Jobs per approval5.2
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more9.1 percent
- Share to franchises18.2 percent
- Distinct lenders3
- Distinct industries by NAICS8
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.
Reese
Flood risk in Reese
- Listed NFIP communities1
- Of those, participating0
- NFIP community number261222
- Currently effective map date04/03/12
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.
Tuscola County, not Reese
Tuscola County context, not Reese figures
These are Tuscola County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Reese measurements.
- Establishments in Tuscola County842
- Employment at those establishments, Tuscola County9,643
- Covered employment, Tuscola County12,102
- Average annual pay, Tuscola County$50,754
- Average weekly wage, Tuscola County$976
- Housing units permitted, Tuscola County55
- Of those, single family, Tuscola County55
- County product, 2024, Tuscola County$1,768,657,000
- County product change over the prior year, Tuscola County-0.5 percent
- Average income of an arriving household, Tuscola County$49,559
Every figure in this section is published for Tuscola County as a whole and is not a measurement of Reese. 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
Reese questions, answered from the record.
How many people live in Reese, Michigan?
1,274, in 575 households. Reese village covers 1.35 square miles of land, which is 943 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Reese in?
Tuscola County, which holds 98.6 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Reese?
$82,361. The median owner-occupied home is valued at $174,700. Median gross rent is $879 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Reese businesses?
11 7(a) approvals totalling $3.8 m, across 3 lenders, median approval $125,000. These count approvals to borrowers whose address is in Reese, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Reese borrowers get paid back?
No rate is published for Reese. 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 Reese in the National Flood Insurance Program?
It is listed but not shown as participating. Reese appears in the FEMA Community Status Book as community 261222, 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 Reese figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Tuscola 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 Reese.
Is zoning published for Reese?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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