Real estate · Metro area · Michigan
Property management companies in the Niles, MI metro area
The property management companies in the Niles, MI metro area, the household spending behind them and how the market ranks against other metro areas.
Groundwork market score · out of 100
Score 36 out of 100: Lower middle
Ranked #303 of 374 scored metro areas
#10 of 12 scored metro areas based in Michigan
- Listings
- 16
- 2 chain locations (13%)
- Official establishments
- 25
- −3.8% since 2019
- Household spending a year
- $861.2M
- On rent and homeowner costs · $13,457 a household
- Housing spending per listing (U.S. = 100)
- 97
- 3% below the U.S.
- Listings per 10k households
- 2.5
- 17% below the U.S.
- Population, 2025
- 152,444
- −1.3% since 2020
See the property management companies around any address in the Niles metro area
The site report maps the property management companies 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 Niles metro 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
The Niles metro area scores 36 (lower middle) on the Groundwork market score for property management companies, ranking #303 of 374 scored metro areas and #10 of 12 scored metro areas based in Michigan. That puts it in the bottom quarter of metro areas.
As of September 2026, map listings count 16 property management companies in the Niles metro area. Chain locations make up 13% of them, against 4% across the U.S. Per 10,000 households, that is 2.5, 17% below the U.S. rate of 3.0.
Household spending on rent and homeowner costs in the Niles metro area comes to about $861.2M a year: $13,457 per household, 19% below the U.S. average. Housing spending per company is 3% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.
In 2023, official counts showed 25 businesses with payroll in the Niles metro area classed as residential and commercial property managers, down 3.8% from 2019. That is one for every 2,560 households, against one for every 1,638 across the U.S. Population estimates put the population change in the Niles metro area from 2020 to 2025 at −1.3%, against +3.1% for the U.S.
How the Niles metro area compares
The same measures for Michigan and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.
| Measure | Niles metro area | Michigan | U.S. |
|---|---|---|---|
| Listings per 10k households | 2.5 | 2.6 | 3.0 |
| Housing spending per listing (U.S. = 100) | 97 | 97 | 100 |
| Households per official establishment | 2,560 | 2,947 | 1,638 |
| Official establishment growth, 2019–2023 | −3.8% | +11.4% | +11.4% |
| Population growth, 2020–2025 | −1.3% | +0.6% | +3.1% |
| Spending per household on rent and homeowner costs | $13,457 | $13,996 | $16,661 |
| Median household income | $65,425 | $72,875 | $80,734 |
| Groundwork market score | 36 | 44 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 25−3.8% over the period
- Employees, 2023
- 105
- Annual payroll, 2023
- $4.8M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 162 chain locations
- 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 residential and commercial property managers in the Niles metro 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 Niles metro area
- Population, 2025 estimate
- 152,444−1.3% since 2020
- Households
- 63,999
- Median age
- 43.3
- Homes lived in by their owners
- 73%
- Vehicles per household
- 1.8
- Land area
- 568 sq. mi.
- People per square mile
- 270
- Median household income
- $65,425+28.8% vs. 2015–2019, before inflation
- Average household income
- $89,826
- Median home value
- $224,300
- Jobs located here
- 53,306
- Daytime population
- 143,817Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Niles metro area?
These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.
Or open the report at the center of the Niles metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardProperty management across Michigan
Every Michigan market ranked →The highest-scoring metro areas in Michigan for property management companies, numbered among those based in Michigan, with the Niles metro area marked.
Top metro areas in Michigan
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Muskegon-Norton Shores, MI | 65 | 9 | 1.3 | 176 | +1.8% | #59 of 374 |
| 2Battle Creek, MI | 59 | 7 | 1.3 | 180 | −0.6% | #102 of 374 |
| 3Saginaw, MI | 56 | 11 | 1.4 | 166 | −1.1% | #122 of 374 |
| 4Jackson, MI | 51 | 13 | 2.1 | 116 | −0.4% | #172 of 374 |
| 5Grand Rapids-Wyoming-Kentwood, MI | 46 | 138 | 3.1 | 84 | +2.8% | #224 of 374 |
| 6Flint, MI | 44 | 35 | 2.1 | 113 | −1.1% | #233 of 374 |
| 7Detroit-Warren-Dearborn, MI | 41 | 503 | 2.8 | 91 | +0.1% | #263 of 374 |
| 8Lansing-East Lansing, MI | 40 | 61 | 3.1 | 79 | +1.4% | #268 of 374 |
| 9Ann Arbor, MI | 37 | 54 | 3.6 | 77 | −0.4% | #296 of 374 |
| 10Niles, MI | 36 | 16 | 2.5 | 97 | −1.3% | #303 of 374 |
Other business types in the Niles metro 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
- Real estate24
- Real estate agents and brokers21
- Property management36
- Mortgage brokers and lenders48
- Home inspectors
Funeral services
Questions
How many property management companies are in the Niles, MI metro area?
The Niles metro area has 16 property management companies on map listings as of September 2026. 2 of them (13%) are chain locations. The listings count property management companies. Official counts show 25 businesses with payroll classed as residential and commercial property managers in 2023, down 3.8% from 2019.
How much do households in the Niles, MI metro area spend on rent and homeowner costs?
About $861.2M a year, or $13,457 per household. That is 19% below the U.S. average (an index of 81, where 100 is the U.S. average). For the 16 property management companies on map listings, housing spending per company is 3% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 63,999 households in the Niles metro area and national spending patterns by income.
How does the Niles, MI metro area compare with the U.S. for property management companies?
The Niles metro area has 2.5 property management companies per 10,000 households, 17% below the U.S. rate of 3.0. The index of housing spending per company is 97, where 100 is the U.S. The count on map listings matches the U.S. ratio of property management companies to household spending. There is one business with payroll in the industry for every 2,560 households, against one for every 1,638 across the U.S. The official count fell 3.8% from 2019 to 2023, against +11.4% for the U.S.
How fast is the Niles, MI metro area growing?
Population estimates put the Niles metro area at 152,444 people in 2025, down 1.3% since 2020, against +3.1% for the U.S. It has 63,999 households. The median household income in the Niles metro area is $65,425 a year, 19% below the U.S. median of $80,734. That rose 28.8% 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. 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 Niles metro area scores 36 for property management companies (lower middle), #303 of 374 scored metro areas.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the Niles metro area. It maps the property management companies 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 property management companies · All 56 business types in the Niles metro area
Screening a site or an acquisition in the Niles metro 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 Niles metro 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.