County profile
Gratiot County, MI
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
BEA · 2024
GDP growth (YoY)
+2.5%
BEA · 2024
Jobs tracked
10,633
Census CBP · 2023
Employers
725
Census CBP · 2023
Avg. wage
$53.3k
BLS QCEW · 2023
Population
41,190
Census PEP · 2025
Labor, income & education
Unemployment
5.5%
Median HH income
$63.6k±$2.5k
Bachelor's degree+
18.7%±1.4%
Poverty rate
14.0%±1.6%
Business applications
279 · 2025
Retail establishments
123
29.7/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Commercial National Financial CorporationFinancial Services$28.2M51DHQ-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
$1.4B2019
$1.5B2020
$1.7B2021
$1.9B2022
$1.9B2023
$2.0B2024
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
$10.2M
48 units · 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
2712016
2872017
3042018
3202019
3322020
3812021
4292022
4642023
5012024
5222025
RESIDENTIAL PERMITS · 2021–2025
↑ 12% since 2021432021
372022
412023
372024
482025
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
Nearby & same-state counties
by GDP rankThe read
What is the GDP of Gratiot?
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.