County profile
Oakland County, MI
United States · GDP 2024
#31 of 3,127 US counties by GDP42nd-percentile growthmore diversified than 97% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$143.1B
BEA · 2024
GDP growth (YoY)
+3.7%
BEA · 2024
Jobs tracked
733,671
Census CBP · 2023
Employers
39,792
Census CBP · 2023
Avg. wage
$75.4k
BLS QCEW · 2023
Population
1,288,337
Census PEP · 2025
Labor, income & education
Unemployment
4.6%
Median HH income
$97.8k±$1.3k
Bachelor's degree+
51.0%±0.6%
Poverty rate
7.7%±0.3%
Business applications
25,780 · 2025
Retail establishments
4,461
34.8/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Penske Automotive Group, Inc.Consumer Cyclical$31.8B73B2Lear CorporationConsumer Cyclical$23.3B64C3BorgWarner Inc.Consumer Cyclical$14.3B67B4Lineage, Inc.Real Estate$5.4B39D5Nexteer Automotive Group LimitedConsumer Cyclical$4.6B69B6Kelly Services, Inc.Industrials$4.3B55C7PHINIA Inc.Consumer Cyclical$3.5B58C8UWM Holdings CorporationFinancial Services$3.2B45D9Champion Homes, Inc.Consumer Cyclical$2.7B67B10Credit Acceptance CorporationFinancial Services$2.3B83B+11Sun Communities, Inc.Real Estate$2.3B74B12Stoneridge, Inc.Consumer Cyclical$861.3M52D13Agree Realty CorporationReal Estate$718.2M74B14TriMas CorporationConsumer Cyclical$645.7M78B+15InfuSystem Holdings, Inc.Healthcare$143.4M80B+16SPAR Group, Inc.Industrials$136.1M38D17Unique Fabricating, Inc.Consumer Cyclical$125.7M——18Rockwell Medical, Inc.Healthcare$69.3M60C19Presurance Holdings, Inc.Financial Services$43.3M29D20RYTHM, Inc.Consumer Defensive$17.3M33D21Huron Valley Bancorp, Inc.Financial Services$15.7M56C22Titan Environmental Solutions Inc.Industrials$9.6M——23Artificial Intelligence Technology Solutions Inc.Technology$7.7M37D24Nano Magic Holdings Inc.Basic Materials$2.8M——25Bonal International, Inc.Industrials$1.7M——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
Health care26%
Professional services23%
Retail trade15%
Food & accommodation12%
Manufacturing12%
Admin & support12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
1,288,337
residents · 2025 · +1.2% since 2020
Income per capita $93.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−26,392
International migration+38,838
Natural change+2,630
GDP trend
2019–2024 · nominal
$112.5B2019
$109.6B2020
$117.6B2021
$127.3B2022
$138.0B2023
$143.1B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$343.6k±$2.7k
Median gross rent
$1.4k/mo±$14/mo
Vacancy rate
5.5%±0.3%
Affordability
4.6× wages
Residential permits
$806.6M
2,023 units · 1.6/1k pop
FEMA risk score
97.5
HUD Fair Market Rent (2BR):$1.4k/mo · 2026
TOP PERILS · FEMA NRI
Tornado 100Ice storm 99Cold wave 99
FHFA HOUSE PRICE INDEX · 2016–2025
4822016
5162017
5462018
5702019
5852020
6442021
7192022
7642023
8142024
8482025
RESIDENTIAL PERMITS · 2021–2025
↓ -36% since 20213,1642021
2,3292022
2,3282023
2,8862024
2,0232025
Transport access
BTS · FAA · USACE
Nearest interstate
7.0 km
I-75
Nearest freight rail
2.4 km
CN
Nearest port
43.0 km
Detroit-Wayne County Port, MI
Nearest commercial airport
3.0 km
OAKLAND COUNTY INTL
Filing activity
SEC EDGAR52 filings from 11 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$75.4k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDPThe read
What is the GDP of Oakland?
Oakland's economy produced $143.1B in 2024, growing 3.7% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.
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.