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Economic Atlas
Places/MI/Allegan
County profile

Allegan

United States · GDP 2024
#604 of 3,127 US counties by GDP60th-percentile growthmore diversified than 52% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$6.7B
GDP growth
+5.3%
Jobs tracked
38,899
Employers
2,571
Avg. wage
$59.2k
Population
123,188
Labor & formation
Unemployment
4.2%
Median HH income
$83.3k±$2.5k
Business applications
1,274 · 2025

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
Manufacturing44%
Retail trade15%
Food & accommodation12%
Construction11%
Health care10%
Admin & support8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
123,188
residents · 2025 · +2.1% since 2020
Income per capita $60.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,873
International migration+662
Natural change+9

GDP trend

2019–2024 · nominal
$4.8B
2019
$5.0B
2020
$5.5B
2021
$5.8B
2022
$6.4B
2023
$6.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$267.1k±$6.9k
Median gross rent
$1.1k/mo±$40/mo
Vacancy rate
13.5%±1.1%
Affordability
4.5× wages
Residential permits
399 (3.2/1k pop)
FEMA risk score
68.5
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 86Hail 85Tornado 76
FHFA HOUSE PRICE INDEX · 2016–2025
396
2016
431
2017
458
2018
490
2019
506
2020
572
2021
655
2022
713
2023
762
2024
807
2025

Transport access

BTS · FAA · USACE
Nearest interstate
22.7 km
I-196
Nearest freight rail
12.7 km
HNW
Nearest port
29.1 km
MACATAWA BAY DK & TERM CO. WHARF
Nearest commercial airport
43.9 km
GERALD R FORD INTL
Wage trend
BLS QCEW · 2019–2023
$59.2k
avg. annual pay · +21% since 2019
Similar US counties
nearest by GDP
Dorchester$6.7BSussex$6.7BBradley$6.7BBuchanan$6.7BCabell$6.7BFond du Lac$6.7B
The read

Allegan's economy produced $6.7B in 2024, growing 5.3% year over year — faster than most 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.
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