County profile
Alger County, MI
United States · GDP 2024
#2652 of 3,127 US counties by GDP42nd-percentile growthmore diversified than 30% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$331.7M
BEA · 2024
GDP growth (YoY)
+3.7%
BEA · 2024
Jobs tracked
1,733
Census CBP · 2023
Employers
220
Census CBP · 2023
Avg. wage
$49.1k
BLS QCEW · 2023
Population
8,641
Census PEP · 2025
Labor, income & education
Unemployment
5.9%
Median HH income
$61.3k±$1.9k
Bachelor's degree+
21.0%±2.2%
Poverty rate
10.4%±1.8%
Business applications
82 · 2025
Retail establishments
43
49.4/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
Manufacturing31%
Food & accommodation24%
Retail trade19%
Health care15%
Construction6%
Finance & insurance5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
8,641
residents · 2025 · -2.3% since 2020
Income per capita $46.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+33
International migration+10
Natural change−259
GDP trend
2019–2024 · nominal
$262.5M2019
$248.9M2020
$277.3M2021
$306.3M2022
$319.9M2023
$331.7M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$176.2k±$10.9k
Median gross rent
$714/mo±$52/mo
Vacancy rate
43.2%±2.6%
Affordability
3.6× wages
Residential permits
$9.5M
32 units · 3.7/1k pop
FEMA risk score
9.6
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Lightning 82Landslide 67Hail 61
FHFA HOUSE PRICE INDEX · 2016–2025
2032016
2082017
2232018
2272019
2222020
2622021
3062022
3592023
3332024
3962025
RESIDENTIAL PERMITS · 2021–2025
↓ 0% since 2021322021
292022
312023
332024
322025
Transport access
BTS · FAA · USACE
Nearest interstate
150.8 km
I-75
Nearest freight rail
2.5 km
CN
Nearest port
2.8 km
KIMBERLY CLARK CORP MUNISING DIV R COAL
Nearest commercial airport
60.8 km
MARQUETTE/SAWYER RGNL
Wage trend
BLS QCEW · 2019–2023$49.1k
avg. annual pay · +19% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Alger?
Alger's economy produced $331.7M in 2024, growing 3.7% year over year — about the middle of the pack among US counties. Its largest employment sector is manufacturing.
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.