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Economic Atlas
Places/MI/Hillsdale
County profile

Hillsdale

United States · GDP 2024
#1200 of 3,127 US counties by GDP30th-percentile growthmore diversified than 23% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$2.2B
GDP growth
+2.0%
Jobs tracked
10,861
Employers
776
Avg. wage
$50.8k
Population
45,738
Labor & formation
Unemployment
5.2%
Median HH income
$64.2k±$2.7k
Business applications
382 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1CNB Community Bancorp, Inc.Financial Services$78.5M50D

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
Manufacturing42%
Retail trade17%
Health care15%
Food & accommodation11%
Education10%
Admin & support5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
45,738
residents · 2025 · -0.0% since 2020
Income per capita $46.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+361
International migration+118
Natural change−482

GDP trend

2019–2024 · nominal
$1.6B
2019
$1.6B
2020
$1.9B
2021
$2.0B
2022
$2.2B
2023
$2.2B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$176.1k±$5.5k
Median gross rent
$832/mo±$27/mo
Vacancy rate
17.0%±1.3%
Affordability
3.5× wages
Residential permits
99 (2.2/1k pop)
FEMA risk score
50.0
HUD Fair Market Rent (2BR):$1.0k/mo · 2026
TOP PERILS · FEMA NRI
Tornado 79Lightning 75Hail 73
FHFA HOUSE PRICE INDEX · 2016–2025
253
2016
267
2017
286
2018
298
2019
315
2020
352
2021
400
2022
433
2023
473
2024
506
2025

Transport access

BTS · FAA · USACE
Nearest interstate
30.0 km
I-80
Nearest freight rail
4.7 km
IN
Nearest port
91.1 km
Monroe, MI
Nearest commercial airport
73.3 km
EUGENE F KRANZ TOLEDO EXPRESS
Wage trend
BLS QCEW · 2019–2023
$50.8k
avg. annual pay · +14% since 2019
Similar US counties
nearest by GDP
Snyder$2.2BSullivan$2.2BPasquotank$2.2BLawrence$2.2BMcKean$2.2BMcMullen$2.2B
The read

Hillsdale's economy produced $2.2B in 2024, growing 2.0% year over year — slower than 70% 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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