Groundwork

Real estate · Small-town market · Michigan

Real estate businesses in the Adrian, MI area

How the Adrian, MI area compares with other small-town markets and the U.S. for real estate businesses: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 42 out of 100: Lower middle

Ranked #363 of 536 scored small-town markets
#10 of 18 scored small-town markets based in Michigan

Listings
81
2 chain locations (2%)
Official establishments
37
+15.6% since 2019
Household spending a year
$524.6M
On rent and homeowner costs · $13,496 a household
Housing spending per listing (U.S. = 100)
150
50% above the U.S.
Listings per 10k households
20.8
46% below the U.S.
Population, 2025
97,779
−1.6% since 2020

See the real estate businesses around any address in the Adrian area

The site report maps the real estate businesses 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 Adrian area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 81 real estate businesses in the Adrian area. Of those, 2 are chain locations, or 2%, against 6% across the U.S. Per 10,000 households, that is 20.8, 46% below the U.S. rate of 38.5.

Household spending on rent and homeowner costs in the Adrian area comes to about $524.6M a year: $13,496 per household, 19% below the U.S. average. Housing spending per office is 50% 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 businesses take in.

Official counts show 37 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Adrian area in 2023, up 15.6% from 2019. That is one for every 1,051 households, against one for every 414 across the U.S. Official counts also show 269 one-person businesses without payroll.

Population estimates show the Adrian area declined 1.6% from 2020 to 2025, against +3.1% for the U.S. The Adrian area scores 42 (lower middle) on the Groundwork market score for real estate businesses, ranking #363 of 536 scored small-town markets and #10 of 18 scored small-town markets based in Michigan.

How the Adrian 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.

Real estate in Adrian, MI area compared with Michigan and the U.S.
MeasureAdrian areaMichiganU.S.
Listings per 10k households20.831.238.5
Housing spending per listing (U.S. = 100)150104100
Households per official establishment1,051728414
Official establishment growth, 2019–2023+15.6%+11.2%+15.8%
Population growth, 2020–2025−1.6%+0.6%+3.1%
Spending per household on rent and homeowner costs$13,496$13,996$16,661
Median household income$70,518$72,875$80,734
Groundwork market score4247

Official counts and lending

Businesses

Official establishments, 2019 to 2023
37+15.6% over the period
Employees, 2023
72
Annual payroll, 2023
$2.8M
One-person businesses, 2023
269Businesses with no payroll
Map listings, September 2026
812 chain locations
Listings at the U.S. rate for this spending
121The 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 real estate agents, property managers, mortgage lenders and inspectors in the Adrian 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 Adrian area

Population, 2025 estimate
97,779−1.6% since 2020
Households
38,871
Median age
42.7
Homes lived in by their owners
80%
Vehicles per household
1.9
Land area
750 sq. mi.
People per square mile
131
Median household income
$70,518+27.2% vs. 2015–2019, before inflation
Average household income
$86,684
Median home value
$196,800
Jobs located here
24,864
Daytime population
85,633Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Adrian 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 businesses on map listings by name and distance.

Or open the report at the center of the Adrian area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Michigan

Every Michigan market ranked →

The highest-scoring small-town markets in Michigan for real estate businesses, numbered among those based in Michigan (a market based in another state is listed without a number), with the Adrian area marked.

Top small-town markets in Michigan

Small-town markets in Michigan ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Holland, MI609220.2165+2.1%#137 of 536
2Houghton, MI592214.2211+1.8%#141 of 536
3Owosso, MI594415.6195−0.4%#142 of 536
4Iron Mountain, MI-WI572014.2212+0.4%#163 of 536
Marinette, WI-MI564716.0185+0.3%#178 of 536
5Sturgis, MI554016.9178+0.1%#195 of 536
6Hillsdale, MI513217.91680.0%#251 of 536
7Alpena, MI492519.2149−0.1%#282 of 536
8Alma, MI482718.3164−1.1%#291 of 536
9Sault Ste. Marie, MI422618.5159−1.9%#359 of 536
10Adrian, MI428120.8150−1.6%#363 of 536

Other business types in the Adrian area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Adrian, MI area?

The Adrian area has 81 real estate businesses on map listings as of September 2026. 2 of them (2%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 37 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 15.6% from 2019. Another 269 one-person businesses have no payroll, by official counts.

How much do households in the Adrian, MI area spend on rent and homeowner costs?

About $524.6M a year, or $13,496 per household. That is 19% below the U.S. average (an index of 81, where 100 is the U.S. average). For the 81 real estate businesses on map listings, housing spending per office is 50% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 38,871 households in the Adrian area and national spending patterns by income.

How does the Adrian, MI area compare with the U.S. for real estate businesses?

The Adrian area has 20.8 real estate businesses per 10,000 households, 46% below the U.S. rate of 38.5. The index of housing spending per office is 150, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Adrian area would have about 121, against 81 on map listings. There is one business with payroll in the industry for every 1,051 households, against one for every 414 across the U.S. The official count rose 15.6% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Adrian, MI area growing?

Population estimates put the Adrian area at 97,779 people in 2025, down 1.6% since 2020, against +3.1% for the U.S. It has 38,871 households. The median household income in the Adrian area is $70,518 a year, 13% below the U.S. median of $80,734. That rose 27.2% 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 Adrian area scores 42 for real estate businesses (lower middle), #363 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Adrian area. It maps the real estate businesses 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 businesses · All 56 business types in the Adrian area

Screening a site or an acquisition in the Adrian 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 Adrian 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.