HomeMichiganWayne CountyFlat Rock city
Flat Rock city, Michigan: commercial real estate data.
Flat Rock city is a Census city of 10,340 people across 6.57 square miles of land, in Wayne County. Median household income is $81,585, 83.2 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $5.9 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Flat Rock
What Flat Rock is
- Census place typecity
- Land area6.57 sq mi
- Water area0.14 sq mi
- Population per square mile of land1,574
- County holding the largest share of its areaWayne 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.
Flat Rock
How many people live in Flat Rock
- Population10,340
- Median age39.3
- Population under 182,557
- Share under 1824.7 percent
- Population 65 and over1,583
- Share 65 and over15.3 percent
- Households3,924
- Family households2,671
- Share of households that are families68.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flat Rock
Income and work in Flat Rock
- Median household income$81,585
- Per capita income$41,239
- Civilian labor force5,355
- Employed4,962
- Unemployed393 plus or minus 148
- Unemployment rate7.3 percent plus or minus 2.7
- Adults 25 and over6,904
- Adults 25 and over with a high school diploma or higher92.0 percent
- Adults 25 and over with a bachelor degree or higher29.5 percent
- Adults 25 and over with a graduate degree11.2 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flat Rock
Housing in Flat Rock
- Housing units4,169
- Occupied units3,924
- Vacant units245 plus or minus 135
- Vacancy rate5.9 percent plus or minus 3.2
- Owner occupied3,263
- Renter occupied661 plus or minus 192
- Ownership rate83.2 percent
- Median owner-occupied home value$228,800
- Median gross rent, monthly$919
- Annual rent as a share of median income13.5 percent
- Single family units2,748
- Share single family65.9 percent
- Units in buildings of two or more617 plus or minus 212
- Share in buildings of two or more14.8 percent plus or minus 5.0
- Mobile homes804 plus or minus 189
- Median year structure built1985
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flat Rock
How Flat Rock gets to work
- Workers 16 and over who commute4,529
- Commuting under 15 minutes762 plus or minus 216
- Share commuting under 15 minutes16.8 percent plus or minus 4.5
- Commuting 30 minutes or more2,136 plus or minus 448
- Share commuting 30 minutes or more47.2 percent
- Drove alone78.6 percent
- Carpooled10.7 percent plus or minus 3.7
- Public transport0.0 percent
- Walked1.6 percent plus or minus 1.2
- Worked from home9.1 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flat Rock
SBA loans in Flat Rock (7(a))
- Approvals6
- Gross approval$5,870,600
- Average approval$978,433
- Median approval$225,000
- Ninetieth percentile approval$4,875,000
- Largest approval$4,875,000
- Jobs supported51
- Jobs per approval8.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS5
A charge-off rate is not published here. only 1 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.
Flat Rock
SBA loans in Flat Rock (504)
- Approvals3
- Gross approval$2,000,000
- Average approval$666,667
- Median approval$585,000
- Largest approval$1,155,000
- Jobs supported14
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Flat Rock
Flood risk in Flat Rock
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260224
- Currently effective map date10/21/21
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.
Wayne County, not Flat Rock
Wayne County context, not Flat Rock figures
These are Wayne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Flat Rock measurements.
- Establishments in Wayne County33,699
- Employment at those establishments, Wayne County665,558
- Covered employment, Wayne County725,504
- Average annual pay, Wayne County$76,411
- Average weekly wage, Wayne County$1,469
- Housing units permitted, Wayne County2,629
- Of those, single family, Wayne County1,058
- County product, 2024, Wayne County$129,920,105,000
- County product change over the prior year, Wayne County3.9 percent
- Average income of an arriving household, Wayne County$60,504
Every figure in this section is published for Wayne County as a whole and is not a measurement of Flat Rock. 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
Flat Rock questions, answered from the record.
How many people live in Flat Rock, Michigan?
10,340, in 3,924 households. Flat Rock city covers 6.57 square miles of land, which is 1,574 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Flat Rock in?
Wayne 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 Flat Rock?
$81,585. The median owner-occupied home is valued at $228,800. Median gross rent is $919 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Flat Rock businesses?
6 7(a) approvals totalling $5.9 m, across 6 lenders, median approval $225,000, plus 3 504 approvals worth $2.0 m. These count approvals to borrowers whose address is in Flat Rock, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Flat Rock borrowers get paid back?
No rate is published for Flat Rock. only 1 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 Flat Rock in the National Flood Insurance Program?
Yes. Flat Rock appears in the FEMA Community Status Book as community 260224, 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 Flat Rock figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne 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 Flat Rock.
Is zoning published for Flat Rock?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.