County profile
Lake County, MI
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
BEA · 2024
GDP growth (YoY)
+0.8%
BEA · 2024
Jobs tracked
1,192
Census CBP · 2023
Employers
176
Census CBP · 2023
Avg. wage
$39.8k
BLS QCEW · 2023
Population
13,182
Census PEP · 2025
Labor, income & education
Unemployment
6.2%
Median HH income
$50.8k±$2.4k
Bachelor's degree+
12.7%±1.5%
Poverty rate
20.5%±2.3%
Business applications
148 · 2025
Retail establishments
38
29.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
$247.0M2019
$254.6M2020
$257.2M2021
$267.1M2022
$286.6M2023
$288.9M2024
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
$7.2M
30 units · 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
1362016
1422017
1562018
1652019
1722020
1962021
2272022
2692023
3012024
2982025
RESIDENTIAL PERMITS · 2021–2025
↑ 36% since 2021222021
302022
282023
302024
302025
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 GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Lake?
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.