Groundwork

Real estate · Metro area · Michigan

Real estate businesses in the Ann Arbor, MI metro area

The real estate businesses in the Ann Arbor, MI metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 42 out of 100: Lower middle

Ranked #257 of 387 scored metro areas
#10 of 15 scored metro areas based in Michigan

Listings
556
37 chain locations (7%)
Official establishments
211
+2.4% since 2019
Household spending a year
$2.3B
On rent and homeowner costs · $15,393 a household
Housing spending per listing (U.S. = 100)
96
4% below the U.S.
Listings per 10k households
36.9
4% below the U.S.
Population, 2025
370,214
−0.4% since 2020

See the real estate businesses around any address in the Ann Arbor metro 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 Ann Arbor metro 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

Map listings as of September 2026 show 556 real estate businesses in the Ann Arbor metro area. 37 of them (7%) are chain locations, against 6% across the U.S. That comes to 36.9 for every 10,000 households, 4% below the U.S. rate of 38.5.

Households in the Ann Arbor metro area spend about $2.3B a year on rent and homeowner costs, or $15,393 per household, 8% below the U.S. average. Housing spending per office is 4% below 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 211 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Ann Arbor metro area in 2023, up 2.4% from 2019. That is one for every 714 households, against one for every 414 across the U.S. Official counts list 1,428 one-person businesses without payroll. Since fiscal 2022, 2 SBA-backed loans worth $110K have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Ann Arbor metro area.

Population estimates show the Ann Arbor metro area declined 0.4% from 2020 to 2025, against +3.1% for the U.S. For real estate businesses, the Ann Arbor metro area has a Groundwork market score of 42 (lower middle): #257 of 387 scored metro areas and #10 of 15 scored metro areas based in Michigan.

How the Ann Arbor 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.

Real estate in Ann Arbor, MI metro area compared with Michigan and the U.S.
MeasureAnn Arbor metro areaMichiganU.S.
Listings per 10k households36.931.238.5
Housing spending per listing (U.S. = 100)96104100
Households per official establishment714728414
Official establishment growth, 2019–2023+2.4%+11.2%+15.8%
Population growth, 2020–2025−0.4%+0.6%+3.1%
Spending per household on rent and homeowner costs$15,393$13,996$16,661
Median household income$89,180$72,875$80,734
Groundwork market score4247

Official counts and lending

Businesses

Official establishments, 2019 to 2023
211+2.4% over the period
Employees, 2023
1,175
Annual payroll, 2023
$72.2M
One-person businesses, 2023
1,428Businesses with no payroll
Map listings, September 2026
55637 chain locations
Listings at the U.S. rate for this spending
535The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
2
Amount
$110K

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Ann Arbor 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 Ann Arbor metro area

Population, 2025 estimate
370,214−0.4% since 2020
Households
150,550
Median age
38.4
Homes lived in by their owners
62%
Vehicles per household
1.7
Land area
706 sq. mi.
People per square mile
524
Median household income
$89,180+22.9% vs. 2015–2019, before inflation
Average household income
$124,750
Median home value
$374,100
Jobs located here
186,868
Daytime population
409,361Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Ann Arbor 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 real estate businesses on map listings by name and distance.

Or open the report at the center of the Ann Arbor metro 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 metro areas 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 Ann Arbor metro area marked.

Top metro areas in Michigan

Metro areas in Michigan ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Monroe, MI6812820.3161+0.7%#46 of 387
2Bay City, MI607216.0187−1.6%#89 of 387
3Battle Creek, MI609317.4174−0.6%#90 of 387
4Saginaw, MI5417322.2136−1.1%#142 of 387
5Muskegon-Norton Shores, MI5416624.5123+1.8%#144 of 387
6Midland, MI5410530.0111+0.3%#147 of 387
South Bend-Mishawaka, IN-MI5130423.7132+0.1%#171 of 387
7Lansing-East Lansing, MI4952427.0118+1.4%#189 of 387
8Jackson, MI4816526.4118−0.4%#196 of 387
9Kalamazoo-Portage, MI4433731.5103+0.8%#242 of 387
10Ann Arbor, MI4255636.996−0.4%#257 of 387

Other business types in the Ann Arbor metro area

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

Questions

How many real estate businesses are in the Ann Arbor, MI metro area?

There are 556 real estate businesses on map listings in the Ann Arbor metro area as of September 2026. 37 of them (7%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 211 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 2.4% from 2019. Official counts also show 1,428 one-person businesses without payroll.

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

About $2.3B a year, or $15,393 per household. That is 8% below the U.S. average (an index of 92, where 100 is the U.S. average). For the 556 real estate businesses on map listings, housing spending per office is 4% below 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 150,550 households in the Ann Arbor metro area and national spending patterns by income.

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

The Ann Arbor metro area has 36.9 real estate businesses per 10,000 households, 4% below the U.S. rate of 38.5. The index of housing spending per office is 96, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Ann Arbor metro area would have about 535, against 556 on map listings. There is one business with payroll in the industry for every 714 households, against one for every 414 across the U.S. The official count rose 2.4% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Ann Arbor, MI metro area growing?

Population estimates put the Ann Arbor metro area at 370,214 people in 2025, down 0.4% since 2020, against +3.1% for the U.S. It has 150,550 households. The median household income in the Ann Arbor metro area is $89,180 a year, 10% above the U.S. median of $80,734. That rose 22.9% 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 Ann Arbor metro area scores 42 for real estate businesses (lower middle), #257 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Ann Arbor metro 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 Ann Arbor metro area

Screening a site or an acquisition in the Ann Arbor 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 Ann Arbor 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.