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Economic Atlas
Places/MI/Gratiot
County profile

Gratiot

United States · GDP 2024
#1292 of 3,127 US counties by GDP33rd-percentile growthmore diversified than 54% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$2.0B
GDP growth
+2.5%
Jobs tracked
10,633
Employers
725
Avg. wage
$53.3k
Population
41,190
Labor & formation
Unemployment
5.6%
Median HH income
$63.6k±$2.5k
Business applications
279 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Commercial National Financial CorporationFinancial Services$28.2M51D

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
Manufacturing28%
Health care28%
Retail trade18%
Food & accommodation12%
Education8%
Wholesale trade6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
41,190
residents · 2025 · -1.1% since 2020
Income per capita $46.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+59
International migration+123
Natural change−636

GDP trend

2019–2024 · nominal
$1.4B
2019
$1.5B
2020
$1.7B
2021
$1.9B
2022
$1.9B
2023
$2.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$147.5k±$7.0k
Median gross rent
$834/mo±$33/mo
Vacancy rate
8.1%±1.1%
Affordability
2.8× wages
Residential permits
48 (1.2/1k pop)
FEMA risk score
54.1
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 91Winter weather 90Tornado 73
FHFA HOUSE PRICE INDEX · 2016–2025
271
2016
287
2017
304
2018
320
2019
332
2020
381
2021
429
2022
464
2023
501
2024
522
2025

Transport access

BTS · FAA · USACE
Nearest interstate
53.0 km
I-96
Nearest freight rail
0.4 km
GLC
Nearest port
56.9 km
SAGINAW ROCK PRODUCTS CO., SAGINAW DOCK
Nearest commercial airport
50.1 km
MBS INTL
Wage trend
BLS QCEW · 2019–2023
$53.3k
avg. annual pay · +17% since 2019
Similar US counties
nearest by GDP
Nicollet$2.0BJackson$2.0BMorton$2.0BShelby$2.0BLyon$2.0BBoone$2.0B
The read

Gratiot's economy produced $2.0B in 2024, growing 2.5% year over year — slower than 67% of 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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