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Economic Atlas
Places/MI/Oakland
County profile

Oakland

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
GDP growth
+3.7%
Jobs tracked
733,671
Employers
39,792
Avg. wage
$75.4k
Population
1,288,337
Labor & formation
Unemployment
4.6%
Median HH income
$97.8k±$1.3k
Business applications
25,780 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Penske Automotive Group, Inc.Consumer Cyclical$31.8B72B2Lear CorporationConsumer Cyclical$23.3B64C3BorgWarner Inc.Consumer Cyclical$14.3B67B4Lineage, Inc.Real Estate$5.4B38D5Nexteer Automotive Group LimitedConsumer Cyclical$4.6B68B6Kelly Services, Inc.Industrials$4.3B54D7PHINIA Inc.Consumer Cyclical$3.5B58C8UWM Holdings CorporationFinancial Services$3.2B43D9Champion Homes, Inc.Consumer Cyclical$2.7B67B10Credit Acceptance CorporationFinancial Services$2.3B83B+11Sun Communities, Inc.Real Estate$2.3B73B12Stoneridge, Inc.Consumer Cyclical$861.3M52D13Agree Realty CorporationReal Estate$718.2M75B+14TriMas 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.Industrials$17.3M28D21Huron Valley Bancorp, Inc.Financial Services$15.7M56C22Titan Environmental Solutions Inc.Industrials$9.6M——23Nano Magic Holdings Inc.Basic Materials$2.8M——24Bonal International, Inc.Industrials$1.7M——25ZIVO Bioscience, Inc.Healthcare$157.2k——

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
$112.5B
2019
$109.6B
2020
$117.6B
2021
$127.3B
2022
$138.0B
2023
$143.1B
2024

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
2,023 (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
482
2016
516
2017
546
2018
570
2019
585
2020
644
2021
719
2022
764
2023
814
2024
848
2025
Filing activity
SEC EDGAR

92 filings from 18 companies here in the last 90 days.

DEF 14ARYTHM, Inc.07-09
8-KSPAR Group, Inc.07-06
8-KAgree Realty Corporation07-02
8-KRockwell Medical, Inc.06-29
DEF 14ASPAR Group, Inc.06-26
DEF 14AChampion Homes, Inc.06-18
8-KRYTHM, Inc.06-18
8-KSPAR Group, Inc.06-16
8-KCredit Acceptance Corporation06-15
8-KRockwell Medical, Inc.06-15
Wage trend
BLS QCEW · 2019–2023
$75.4k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDP
Queens$143.1BFranklin$142.0BPalm Beach$140.5BKings$145.9BSuffolk$139.0BSan Bernardino$137.9B
The read

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.
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