Real estate · Small-town market · Michigan
Real estate agents and brokers in the Hillsdale, MI area
The real estate agents and brokers in the Hillsdale, MI area, the household spending behind them and how the market ranks against other small-town markets.
Groundwork market score · out of 100
Score 38 out of 100: Lower middle
Ranked #413 of 533 scored small-town markets
#13 of 18 scored small-town markets based in Michigan
- Listings
- 30
- 3 chain locations (10%)
- Official establishments
- 12
- Businesses with payroll, 2023
- Household spending a year
- $233.6M
- On rent and homeowner costs · $13,077 a household
- Housing spending per listing (U.S. = 100)
- 143
- 43% above the U.S.
- Listings per 10k households
- 16.8
- 45% below the U.S.
- Population, 2025
- 45,738
- 0.0% since 2020
See the real estate agents and brokers around any address in the Hillsdale area
The site report maps the real estate agents and brokers 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 Hillsdale 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 Hillsdale area scores 38 (lower middle) on the Groundwork market score for real estate agents and brokers, ranking #413 of 533 scored small-town markets and #13 of 18 scored small-town markets based in Michigan. That puts it in the bottom quarter of small-town markets.
At $13,077 per household (22% below the U.S. average), households in the Hillsdale area spend about $233.6M a year on rent and homeowner costs. Housing spending per office is 43% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate agents and brokers take in.
The Hillsdale area has 30 real estate agents and brokers on map listings as of September 2026. 3 of them (10%) are chain locations, against 4% across the U.S. That is 16.8 per 10,000 households, 45% below the U.S. rate of 30.6.
Official counts show 12 businesses with payroll classed as offices of real estate agents and brokers in the Hillsdale area in 2023. That is one for every 1,488 households, against one for every 788 across the U.S. Population estimates put the population change in the Hillsdale area from 2020 to 2025 at 0.0%, against +3.1% for the U.S.
How the Hillsdale 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 | Hillsdale area | Michigan | U.S. |
|---|---|---|---|
| Listings per 10k households | 16.8 | 24.6 | 30.6 |
| Housing spending per listing (U.S. = 100) | 143 | 104 | 100 |
| Households per official establishment | 1,488 | 1,600 | 788 |
| Official establishment growth, 2019–2023 | n/a | +14.3% | +20.1% |
| Population growth, 2020–2025 | 0.0% | +0.6% | +3.1% |
| Spending per household on rent and homeowner costs | $13,077 | $13,996 | $16,661 |
| Median household income | $64,242 | $72,875 | $80,734 |
| Groundwork market score | 38 | 47 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 12
- Employees, 2023
- 12
- Annual payroll, 2023
- $645K
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 303 chain locations
- Listings at the U.S. rate for this spending
- 43The 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 offices of real estate agents and brokers in the Hillsdale 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 Hillsdale area
- Population, 2025 estimate
- 45,7380.0% since 2020
- Households
- 17,860
- Median age
- 43.3
- Homes lived in by their owners
- 82%
- Vehicles per household
- 1.9
- Land area
- 598 sq. mi.
- People per square mile
- 76
- Median household income
- $64,242+29.5% vs. 2015–2019, before inflation
- Average household income
- $81,816
- Median home value
- $176,100
- Jobs located here
- 12,372
- Daytime population
- 39,069Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Hillsdale 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 real estate agents and brokers on map listings by name and distance.
Or open the report at the center of the Hillsdale area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardReal estate agents and brokers across Michigan
Every Michigan market ranked →The highest-scoring small-town markets in Michigan for real estate agents and brokers, numbered among those based in Michigan (a market based in another state is listed without a number), with the Hillsdale area marked.
Top small-town markets in Michigan
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Houghton, MI | 68 | 18 | 11.7 | 204 | +1.8% | #62 of 533 |
| 2Holland, MI | 61 | 72 | 15.8 | 167 | +2.1% | #124 of 533 |
| 3Owosso, MI | 58 | 35 | 12.4 | 195 | −0.4% | #154 of 533 |
| 4Alma, MI | 57 | 17 | 11.5 | 207 | −1.1% | #164 of 533 |
| 5Iron Mountain, MI-WI | 57 | 18 | 12.8 | 187 | +0.4% | #168 of 533 |
| 6Alpena, MI | 54 | 17 | 13.1 | 174 | −0.1% | #203 of 533 |
| 7Sturgis, MI | 53 | 33 | 14.0 | 171 | +0.1% | #217 of 533 |
| Marinette, WI-MI | 51 | 42 | 14.3 | 165 | +0.3% | #242 of 533 |
| 8Coldwater, MI | 46 | 32 | 18.9 | 125 | +2.5% | #321 of 533 |
| 9Escanaba, MI | 45 | 27 | 16.9 | 139 | −0.8% | #328 of 533 |
| 13Hillsdale, MI | 38 | 30 | 16.8 | 143 | 0.0% | #413 of 533 |
Other business types in the Hillsdale 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 estate51
- Real estate agents and brokers38
- Property management
- Mortgage brokers and lenders
- Home inspectors
Funeral services
Questions
How many real estate agents and brokers are in the Hillsdale, MI area?
Map listings as of September 2026 show 30 real estate agents and brokers in the Hillsdale area. 3 of them (10%) are chain locations. The listings count real estate agents and brokerages, commercial brokers included. Official counts show 12 businesses with payroll classed as offices of real estate agents and brokers in 2023.
How much do households in the Hillsdale, MI area spend on rent and homeowner costs?
About $233.6M a year, or $13,077 per household. That is 22% below the U.S. average (an index of 78, where 100 is the U.S. average). For the 30 real estate agents and brokers on map listings, housing spending per office is 43% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate agents and brokers take in. It is estimated from the incomes of the 17,860 households in the Hillsdale area and national spending patterns by income.
How does the Hillsdale, MI area compare with the U.S. for real estate agents and brokers?
The Hillsdale area has 16.8 real estate agents and brokers per 10,000 households, 45% below the U.S. rate of 30.6. The index of housing spending per office is 143, where 100 is the U.S. At the U.S. ratio of real estate agents and brokers to household spending, the Hillsdale area would have about 43, against 30 on map listings. There is one business with payroll in the industry for every 1,488 households, against one for every 788 across the U.S.
How fast is the Hillsdale, MI area growing?
Population estimates put the Hillsdale area at 45,738 people in 2025, unchanged since 2020, against +3.1% for the U.S. It has 17,860 households. Median household income in the Hillsdale area is $64,242, 20% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 29.5%, 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 Hillsdale area scores 38 for real estate agents and brokers (lower middle), #413 of 533 scored small-town markets.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the Hillsdale area. It maps the real estate agents and brokers 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 real estate agents and brokers · All 56 business types in the Hillsdale area
Screening a site or an acquisition in the Hillsdale 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 Hillsdale 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.