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Places/MI/Lake
County profile

Lake

United States · GDP 2024
#2723 of 3,127 US counties by GDPbottom-quartile growthmore diversified than 44% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$288.9M
GDP growth
+0.8%
Jobs tracked
1,192
Employers
176
Avg. wage
$39.8k
Population
13,182
Labor & formation
Unemployment
6.7%
Median HH income
$50.8k±$2.4k
Business applications
148 · 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
Retail trade31%
Health care24%
Food & accommodation18%
Manufacturing11%
Other services9%
Admin & support7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
13,182
residents · 2025 · +9.1% since 2020
Income per capita $39.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,574
International migration+15
Natural change−523

GDP trend

2019–2024 · nominal
$247.0M
2019
$254.6M
2020
$257.2M
2021
$267.1M
2022
$286.6M
2023
$288.9M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$133.9k±$9.3k
Median gross rent
$875/mo±$90/mo
Vacancy rate
61.4%±1.2%
Affordability
3.4× wages
Residential permits
30 (2.3/1k pop)
FEMA risk score
22.0
HUD Fair Market Rent (2BR):$994/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 84Strong wind 79Landslide 69
FHFA HOUSE PRICE INDEX · 2016–2025
136
2016
142
2017
156
2018
165
2019
172
2020
196
2021
227
2022
269
2023
301
2024
298
2025

Transport access

BTS · FAA · USACE
Nearest interstate
96.8 km
I-96
Nearest freight rail
10.2 km
Freight rail
Nearest port
46.5 km
PACKAGING CORP OF AMERICA FILER CITY PLNT COAL DK
Nearest commercial airport
47.3 km
MANISTEE COUNTY/BLACKER
Wage trend
BLS QCEW · 2019–2023
$39.8k
avg. annual pay · +13% since 2019
Similar US counties
nearest by GDP
Aleutians East Borough$288.9MMonroe$289.0MOregon$289.1MCharlton$288.6MStafford$289.4MHoward$288.3M
The read

Lake's economy produced $288.9M in 2024, growing 0.8% year over year — slower than 77% of 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.
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