Auto · Small-town market · Michigan
Insurance agencies in the Ludington, MI area
The insurance agencies in the Ludington, MI area, the household spending behind them and how the market ranks against other small-town markets.
Groundwork market score · out of 100
Score 40 out of 100: Lower middle
Ranked #354 of 537 scored small-town markets
#9 of 18 scored small-town markets based in Michigan
- Listings
- 17
- 1 chain location (6%)
- Official establishments
- 10
- Businesses with payroll, 2023
- Household spending a year
- $20.6M
- On vehicle insurance · $1,611 a household
- Spending per listing
- $1.2M
- 3% below the U.S.
- Listings per 10k households
- 13.3
- 15% below the U.S.
- Population, 2025
- 29,040
- 0.0% since 2020
See the insurance agencies around any address in the Ludington area
The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Ludington area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Map listings as of September 2026 show 17 insurance agencies in the Ludington area. One of them (6%) is a chain location, against 21% across the U.S. That is 13.3 per 10,000 households, 15% below the U.S. rate of 15.6.
Household spending on vehicle insurance in the Ludington area comes to about $20.6M a year: $1,611 per household, 18% below the U.S. average. Spread across 17 insurance agencies, that is $1.2M per agency, 3% below the U.S. figure of $1.3M.
In 2023, official counts showed 10 businesses with payroll in the Ludington area classed as insurance agencies and brokerages. That is one for every 1,280 households, against one for every 966 across the U.S.
Between 2020 and 2025, the population of the Ludington area held about level, against +3.1% for the U.S. The Ludington area scores 40 (lower middle) on the Groundwork market score for insurance agencies, ranking #354 of 537 scored small-town markets and #9 of 18 scored small-town markets based in Michigan.
How the Ludington area compares
The same measures for Michigan and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.
| Measure | Ludington area | Michigan | U.S. |
|---|---|---|---|
| Listings per 10k households | 13.3 | 13.5 | 15.6 |
| Spending per listing | $1.2M | $1.2M | $1.3M |
| Households per official establishment | 1,280 | 1,108 | 966 |
| Official establishment growth, 2019–2023 | n/a | −3.9% | −1.0% |
| Population growth, 2020–2025 | 0.0% | +0.6% | +3.1% |
| Spending per household on vehicle insurance | $1,611 | $1,558 | $1,957 |
| Median household income | $64,748 | $72,875 | $80,734 |
| Groundwork market score | 40 | 33 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 10
- Employees, 2023
- 65
- Annual payroll, 2023
- $3.8M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 171 chain location
- Listings at the U.S. rate for this spending
- 16The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 0
- Amount
- $0
SBA-backed loans to businesses classed as insurance agencies and brokerages in the Ludington area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in the Ludington area
- Population, 2025 estimate
- 29,0400.0% since 2020
- Households
- 12,801
- Median age
- 47.3
- Homes lived in by their owners
- 78%
- Vehicles per household
- 1.8
- Land area
- 495 sq. mi.
- People per square mile
- 59
- Median household income
- $64,748+25.2% vs. 2015–2019, before inflation
- Average household income
- $85,702
- Median home value
- $219,600
- Jobs located here
- 8,586
- Daytime population
- 26,202Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Ludington area?
These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.
Or open the report at the center of the Ludington area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardInsurance agencies across Michigan
Every Michigan market ranked →The highest-scoring small-town markets in Michigan for insurance agencies, numbered among those based in Michigan, with the Ludington area marked.
Top small-town markets in Michigan
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Holland, MI | 71 | 42 | 9.2 | $2M | +2.1% | #93 of 537 |
| 2Marquette, MI | 62 | 25 | 8.8 | $1.8M | +2.3% | #163 of 537 |
| 3Alpena, MI | 53 | 11 | 8.4 | $1.7M | −0.1% | #229 of 537 |
| 4Big Rapids, MI | 52 | 18 | 10.8 | $1.5M | +4.7% | #247 of 537 |
| 5Hillsdale, MI | 46 | 21 | 11.8 | $1.5M | 0.0% | #294 of 537 |
| 6Mount Pleasant, MI | 46 | 29 | 11.6 | $1.4M | +0.3% | #295 of 537 |
| 7Escanaba, MI | 44 | 14 | 8.8 | $1.7M | −0.8% | #311 of 537 |
| 8Houghton, MI | 42 | 16 | 10.4 | $1.5M | +1.8% | #330 of 537 |
| 9Ludington, MI | 40 | 17 | 13.3 | $1.2M | 0.0% | #354 of 537 |
| 10Alma, MI | 39 | 18 | 12.2 | $1.4M | −1.1% | #358 of 537 |
Other business types in the Ludington area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
Questions
How many insurance agencies are in the Ludington, MI area?
There are 17 insurance agencies on map listings in the Ludington area as of September 2026. One of them (6%) is a chain location. The listings count insurance agencies. Official counts show 10 businesses with payroll classed as insurance agencies and brokerages in 2023.
How much do households in the Ludington, MI area spend on vehicle insurance?
About $20.6M a year, or $1,611 per household. That is 18% below the U.S. average (an index of 82, where 100 is the U.S. average). Spread across the 17 insurance agencies on map listings, it comes to $1.2M per agency. It is estimated from the incomes of the 12,801 households in the Ludington area and national spending patterns by income.
How does the Ludington, MI area compare with the U.S. for insurance agencies?
The Ludington area has 13.3 insurance agencies per 10,000 households, 15% below the U.S. rate of 15.6. Spending per agency is $1.2M, 3% below the U.S. figure of $1.3M. At the national ratio of insurance agencies to household spending, the Ludington area would have about 16, against 17 on map listings. There is one business with payroll in the industry for every 1,280 households, against one for every 966 across the U.S.
How fast is the Ludington, MI area growing?
Population estimates put the Ludington area at 29,040 people in 2025, unchanged since 2020, against +3.1% for the U.S. It has 12,801 households. The median household income in the Ludington area is $64,748 a year, 20% below the U.S. median of $80,734. That rose 25.2% from the 2015–2019 survey, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Ludington area scores 40 for insurance agencies (lower middle), #354 of 537 scored small-town markets.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the Ludington area. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for insurance agencies · All 56 business types in the Ludington area
Screening a site or an acquisition in the Ludington area?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of the Ludington area. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.