Alcona County, Michigan: commercial real estate data.
Alcona County, Michigan has a population of 10,397 across 675 square miles, up 4.6 percent since the 2020 census base. County output reached $263.2 m in 2024, 182 establishments operate here, and the SBA record carries 2 7(a) approvals worth $725,000.
107 sourced county values · tier FULL · 11 sections
Alcona County
How many people live in Alcona County
- Population10,397
- Households5,305
- Average household size1.96
- Median household income$54,993
- Median age60.0
- Median gross rent$867 per month
- Median owner-occupied home value$162,800
- Home value to household income3.0 times
- Annual rent as a share of median income18.9 percent
- Adults 25 and over with a bachelor degree or higher21.4 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over8,649
- Population under 181,305
- Share under 1812.6 percent
- Population 65 and over3,843
- Share 65 and over37.0 percent
- Working age population, 18 to 645,249
- Civilian labor force3,966
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over43.6 percent
- Rank by population among Michigan counties75th of 83
- Rank by population among US county-equivalents2458th
Alcona County is the 75th largest of 83 Michigan counties by population. A median home costs 3.0 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 37.0 percent against 12.6 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Alcona County
Is Alcona County growing
- Population change since the 2020 census base4.56 percent
- Census 2020 base population10,161
- Births, 202472
- Deaths, 2024167
- Natural change, 2024-95
- Net domestic migration, 2024190
- Net international migration, 202417
- Total net migration, 2024207
- Cumulative net domestic migration, 2021 to 2024912
- Rank by growth among US county-equivalents603rd
The county has grown 4.56 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Alcona County
Where people moving to Alcona County come from
- Tax returns filed by households arriving456
- People arriving, from those returns798
- Adjusted gross income arriving$31.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$69,465
- Largest single originAlcona County Non-migrants (4,212 households)
- Largest single destination (4,212 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Alcona County Non-migrants | 4,212 | 7,698 | $250.9 m |
| Other flows - Same State | 151 | 264 | $11.8 m |
| Other flows - Different State | 102 | 181 | $6.2 m |
| Iosco County | 60 | 103 | $2.3 m |
| Other flows - South | 50 | 87 | $2.8 m |
| Oakland County | 46 | 89 | $4.9 m |
| Alpena County | 44 | 74 | $1.9 m |
| Wayne County | 31 | 51 | $3.1 m |
The largest single source of arrivals is Alcona County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Alcona County
What the Alcona County economy runs on
- County GDP, 2024$263.2 m
- County GDP, 2023$262.7 m
- GDP change, 2023 to 20240.2 percent
- GDP change over five years12.4 percent
- Rank by GDP among Michigan counties80th
- Rank by GDP among US county-equivalents2781st
- GDP per resident$25,313
Output grew 0.2 percent in the latest year and 12.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Alcona County
Who employs people in Alcona County
- Covered employment, annual average1,494
- Establishments reporting214
- Average annual pay$41,519
- Average weekly wage$798
- Sector 44-45, employment296
- Sector 44-45, average annual pay$33,799
- Sector 31-33, employment181
- Sector 31-33, average annual pay$56,133
- Sector 62, employment148
- Sector 62, average annual pay$46,848
- Sector 81, employment82
- Sector 81, average annual pay$20,254
- Sector 23, employment47
- Sector 56, employment36
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 296 | 32 | $33,799 |
| Sector 31-33 | 181 | 26 | $56,133 |
| Sector 62 | 148 | 16 | $46,848 |
| Sector 81 | 82 | 18 | $20,254 |
| Sector 23 | 47 | 16 | $44,445 |
| Sector 56 | 36 | 10 | $37,830 |
| Sector 52 | 29 | 10 | $80,656 |
| Sector 53 | 23 | 8 | $36,981 |
The largest sector is the biggest private employer group at 296 jobs, 19.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Alcona County
What businesses operate in Alcona County
- Establishments, all industries182
- Employment at those establishments1,126
- Annual payroll$43.4 m
- Establishments per 1,000 residents17.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Alcona County
What is being built in Alcona County
- Housing units authorised by permit, 202438
- Declared construction value permitted$8.5 m
- Single family units authorised38
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$224,586
- Units authorised per 1,000 households7.2
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Alcona County
How much SBA lending happens in Alcona County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$725,000
- Average 7(a) approval$362,500
- Median 7(a) approval$675,000
- 10th percentile approval$50,000
- 90th percentile approval$675,000
- Largest single approval$675,000
- Jobs reported supported, 7(a)16
- Jobs per approval8.0
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countRV (Recreational Vehicle) Parks and Campgrounds (1)
- Most active lenderShoreham Bank (1)
The average approval of $362,500 sits close to the median of $675,000, so lending here is fairly evenly sized rather than driven by a few large deals. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Alcona County
Do SBA loans in Alcona County get paid back
- Loans with a final outcome recorded1
- Paid in full0
- Charged off1
- Status: Exempt from disclosure1
- Status: Charged off1
Too few loans have reached a final outcome to publish a charge off rate. only 1 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Alcona County
How big is Alcona County
- Land area675 sq mi
- Rank by land area among Michigan counties30th of 83
- Width, east to west30.3 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary3
- Residents per square mile of land15
- Establishments per square mile0.27
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Alcona County
What hazards affect Alcona County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book13
- Of those, participating in the NFIP11
- NFIP participation rate84.6 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Alcona County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Alcona County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population10,397
- Households5,305
- Average household size1.96
- Median household income$54,993
- Median age60.0
Common questions
Alcona County questions, answered from the record.
How many people live in Alcona County, Michigan?
10,397, in 5,305 households, ranking 75th of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Alcona County growing?
The population has grown 4.56 percent since the 2020 census base. In 2024 there were 72 births against 167 deaths, with net migration of 207. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Alcona County?
$54,993. The median owner-occupied home is valued at $162,800, which is 3.0 times income, and median gross rent is $867 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Alcona County?
182 establishments, employing 1,126 people with an annual payroll of $43.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Alcona County?
Average annual pay is $41,519, or $798 a week, across 1,494 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Alcona County?
2 7(a) approvals totalling $725,000 since FY2020, across 2 lenders, with a median approval of $675,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Alcona County?
38 housing units were authorised by permit in 2024, with a declared construction value of $8.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Alcona County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Alcona County come from?
The largest single origin is Alcona County Non-migrants, with 4,212 households. Arriving households report an average income of $69,465 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Alcona County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Alcona County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.