Places/MI/Cheboygan County, MI
County profile

Cheboygan County, MI

United States · GDP 2024
#1910 of 3,127 US counties by GDP58th-percentile growthmore diversified than 40% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$911.7M
BEA · 2024
GDP growth (YoY)
+5.1%
BEA · 2024
Jobs tracked
4,794
Census CBP · 2023
Employers
770
Census CBP · 2023
Avg. wage
$45.3k
BLS QCEW · 2023
Population
25,793
Census PEP · 2025
Labor, income & education
Unemployment
4.9%
Median HH income
$62.9k±$3.3k
Bachelor's degree+
24.4%±1.9%
Poverty rate
12.4%±1.4%
Business applications
270 · 2025
Retail establishments
130
50.2/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1CNB CorporationFinancial Services$22.0M49D

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 trade32%
Food & accommodation24%
Health care21%
Construction9%
Other services7%
Manufacturing7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
25,793
residents · 2025 · +0.9% since 2020
Income per capita $54.0k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,220
International migration+98
Natural change1,100

GDP trend

20192024 · nominal
$671.5M
2019
$626.9M
2020
$727.9M
2021
$803.5M
2022
$867.5M
2023
$911.7M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$192.5k±$12.6k
Median gross rent
$773/mo±$63/mo
Vacancy rate
37.3%±1.5%
Affordability
4.3× wages
Residential permits
$35.1M
74 units · 2.9/1k pop
FEMA risk score
59.5
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 70Landslide 67Lightning 48
FHFA HOUSE PRICE INDEX · 20162025
287
2016
299
2017
323
2018
334
2019
352
2020
399
2021
480
2022
549
2023
612
2024
656
2025
RESIDENTIAL PERMITS · 20212025
-5% since 2021
78
2021
105
2022
73
2023
78
2024
74
2025

Transport access

BTS · FAA · USACE
Nearest interstate
8.2 km
I-75
Nearest freight rail
7.0 km
Freight rail
Nearest port
22.6 km
MORRISH WALLACE CONSTRUCTION DBA RYBA MARINE CONSTRUCTION
Nearest commercial airport
26.9 km
PELLSTON RGNL/EMMET COUNTY
Wage trend
BLS QCEW · 20192023
$45.3k
avg. annual pay · +30% since 2019
The read

What is the GDP of Cheboygan?

Cheboygan's economy produced $911.7M in 2024, growing 5.1% year over yearabout the middle of the pack among 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.