Places/MI/Alcona County, MI
County profile

Alcona County, MI

United States · GDP 2024
#2781 of 3,127 US counties by GDPbottom-quartile growthmore diversified than 27% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$263.2M
BEA · 2024
GDP growth (YoY)
+0.2%
BEA · 2024
Jobs tracked
1,126
Census CBP · 2023
Employers
182
Census CBP · 2023
Avg. wage
$37.4k
BLS QCEW · 2023
Population
10,556
Census PEP · 2025
Labor, income & education
Unemployment
7.3%
Median HH income
$55.0k±$1.6k
Bachelor's degree+
21.4%±2.1%
Poverty rate
12.3%±1.5%
Business applications
87 · 2025
Retail establishments
47
44.5/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade34%
Health care23%
Manufacturing18%
Food & accommodation14%
Agriculture6%
Other services5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
10,556
residents · 2025 · +3.7% since 2020
Income per capita $52.1k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,079
International migration+29
Natural change739

GDP trend

20192024 · nominal
$238.7M
2019
$234.2M
2020
$259.5M
2021
$280.6M
2022
$262.7M
2023
$263.2M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$162.8k±$5.8k
Median gross rent
$867/mo±$115/mo
Vacancy rate
48.6%±1.4%
Affordability
4.4× wages
Residential permits
$16.4M
48 units · 4.5/1k pop
FEMA risk score
17.7
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Lightning 58Landslide 54Cold wave 45
FHFA HOUSE PRICE INDEX · 20162025
156
2016
166
2017
181
2018
190
2019
197
2020
221
2021
266
2022
304
2023
320
2024
337
2025
RESIDENTIAL PERMITS · 20212025
20% since 2021
40
2021
39
2022
35
2023
38
2024
48
2025

Transport access

BTS · FAA · USACE
Nearest interstate
69.8 km
I-75
Nearest freight rail
23.4 km
LSRC
Nearest port
37.2 km
THUNDER BAY
Nearest commercial airport
43.8 km
ALPENA COUNTY RGNL
Wage trend
BLS QCEW · 20192023
$37.4k
avg. annual pay · +5% since 2019
The read

What is the GDP of Alcona?

Alcona's economy produced $263.2M in 2024, growing 0.2% year over yearslower than 79% of US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.