Eaton County, Michigan: commercial real estate data.
Eaton County, Michigan has a population of 109,130 across 575 square miles, up 0.3 percent since the 2020 census base. County output reached $7.45 bn in 2024, 2,182 establishments operate here, and the SBA record carries 104 7(a) approvals worth $50.9 m.
127 sourced county values · tier FULL · 12 sections
Eaton County
How many people live in Eaton County
- Population109,130
- Households45,428
- Average household size2.40
- Median household income$79,597
- Median age41.4
- Median gross rent$1,092 per month
- Median owner-occupied home value$216,900
- Home value to household income2.7 times
- Annual rent as a share of median income16.5 percent
- Adults 25 and over with a bachelor degree or higher30.8 percent
- Adults 25 and over with a graduate degree10.2 percent
- Adults 25 and over78,050
- Population under 1822,348
- Share under 1820.5 percent
- Population 65 and over21,940
- Share 65 and over20.1 percent
- Working age population, 18 to 6464,842
- Civilian labor force56,638
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over65.3 percent
- Rank by population among Michigan counties19th of 83
- Rank by population among US county-equivalents575th
Eaton County is the 19th largest of 83 Michigan counties by population. A median home costs 2.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.5 percent against 20.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Eaton County
Is Eaton County growing
- Population change since the 2020 census base0.28 percent
- Census 2020 base population109,185
- Births, 20241,008
- Deaths, 20241,123
- Natural change, 2024-115
- Net domestic migration, 2024114
- Net international migration, 2024423
- Total net migration, 2024537
- Cumulative net domestic migration, 2021 to 2024115
- Rank by growth among US county-equivalents1725th
The county has grown 0.28 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.
Eaton County
Where people moving to Eaton County come from
- Tax returns filed by households arriving3,761
- People arriving, from those returns6,368
- Adjusted gross income arriving$193.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$51,400
- Largest single originEaton County Non-migrants (43,266 households)
- Largest single destination (43,266 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Eaton County Non-migrants | 43,266 | 84,337 | $3.22 bn |
| Ingham County | 1,551 | 2,737 | $71.9 m |
| Other flows - Different State | 647 | 1,066 | $38.5 m |
| Other flows - South | 279 | 470 | $16.5 m |
| Other flows - Same State | 272 | 422 | $13.7 m |
| Clinton County | 271 | 432 | $15.5 m |
| Other flows - Midwest | 189 | 293 | $10.9 m |
| Calhoun County | 145 | 286 | $6.6 m |
The largest single source of arrivals is Eaton 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.
Eaton County
What the Eaton County economy runs on
- County GDP, 2024$7.45 bn
- County GDP, 2023$7.11 bn
- GDP change, 2023 to 20244.8 percent
- GDP change over five years36.7 percent
- Rank by GDP among Michigan counties19th
- Rank by GDP among US county-equivalents558th
- GDP per resident$68,252
Output grew 4.8 percent in the latest year and 36.7 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.
Eaton County
Who employs people in Eaton County
- Covered employment, annual average44,501
- Establishments reporting2,107
- Average annual pay$60,862
- Average weekly wage$1,170
- Sector 31-33, employment7,983
- Sector 31-33, average annual pay$77,674
- Sector 44-45, employment5,476
- Sector 44-45, average annual pay$35,495
- Sector 52, employment4,836
- Sector 52, average annual pay$82,593
- Sector 48-49, employment3,996
- Sector 48-49, average annual pay$50,699
- Sector 72, employment3,624
- Sector 62, employment2,514
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 7,983 | 116 | $77,674 |
| Sector 44-45 | 5,476 | 273 | $35,495 |
| Sector 52 | 4,836 | 130 | $82,593 |
| Sector 48-49 | 3,996 | 76 | $50,699 |
| Sector 72 | 3,624 | 190 | $23,000 |
| Sector 62 | 2,514 | 209 | $56,887 |
| Sector 81 | 1,565 | 185 | $59,423 |
| Sector 23 | 1,555 | 206 | $76,111 |
The largest sector is the biggest private employer group at 7,983 jobs, 17.9 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.
Eaton County
What businesses operate in Eaton County
- Establishments, all industries2,182
- Employment at those establishments42,828
- Annual payroll$2.27 bn
- Establishments per 1,000 residents20.0
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.
Eaton County
What is being built in Eaton County
- Housing units authorised by permit, 2024118
- Declared construction value permitted$45.9 m
- Single family units authorised114
- Multifamily units authorised4
- Multifamily share of units3.4 percent
- Average declared value per unit$389,061
- Units authorised per 1,000 households2.6
Multifamily is 3.4 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Eaton County
How much SBA lending happens in Eaton County
- 7(a) approvals recorded104
- 7(a) gross approval dollars$50.9 m
- Average 7(a) approval$489,526
- Median 7(a) approval$150,000
- 10th percentile approval$25,000
- 90th percentile approval$975,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)754
- Jobs per approval7.3
- Distinct 7(a) lenders active26
- Distinct industries receiving approvals54
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.3 percent
- Loans on real estate terms18
- Loans on working capital terms, 120 months or shorter85
- Franchise loans11
- Franchise share of approvals10.6 percent
- Leading industry by approval countGeneral Freight Trucking, Long-Distance, Truckload (9)
- Most active lenderThe Huntington National Bank (40)
- 504 approvals recorded39
- 504 gross approval dollars$24.4 m
- Average 504 approval$626,718
- Median 504 approval$414,000
- Distinct CDCs active5
- 504 jobs per approval8.9
- 504 jobs per million dollars approved14.2
- Most active CDCMichigan Certified Development Corporation (34)
- 7(a) share of SBA approvals72.7 percent
- Combined SBA approval dollars$75.4 m
The average approval of $489,526 sits well above the median of $150,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 17.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Eaton County
Do SBA loans in Eaton County get paid back
- Loans with a final outcome recorded21
- Paid in full21
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full21
- Status: Exempt from disclosure60
- Status: Cancelled13
- Status: Committed, not yet disbursed10
Of the 21 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eaton County
Which parts of Eaton County get the lending
- Places in the county with recorded lending9
- Lansing, approvals49
- Charlotte, approvals19
- GRAND LEDGE, approvals17
- EATON RAPIDS, approvals9
- Bellevue, approvals5
- DIMONDALE, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Lansing | 49 | $31,834,400 |
| Charlotte | 19 | $7,334,000 |
| GRAND LEDGE | 17 | $4,542,600 |
| EATON RAPIDS | 9 | $4,223,000 |
| Bellevue | 5 | $1,936,000 |
| DIMONDALE | 2 | $287,300 |
| MULLIKEN | 1 | $113,400 |
| Potterville | 1 | $580,000 |
Lansing accounts for 49 approvals against 19 in Charlotte. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eaton County
How big is Eaton County
- Land area575 sq mi
- Rank by land area among Michigan counties37th of 83
- Width, east to west24.1 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land190
- Establishments per square mile3.79
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.
Eaton County
What hazards affect Eaton County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book26
- Of those, participating in the NFIP21
- NFIP participation rate80.8 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.
- 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 Eaton 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 Eaton County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population109,130
- Households45,428
- Average household size2.40
- Median household income$79,597
- Median age41.4
Common questions
Eaton County questions, answered from the record.
How many people live in Eaton County, Michigan?
109,130, in 45,428 households, ranking 19th of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Eaton County growing?
The population has grown 0.28 percent since the 2020 census base. In 2024 there were 1,008 births against 1,123 deaths, with net migration of 537. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Eaton County?
$79,597. The median owner-occupied home is valued at $216,900, which is 2.7 times income, and median gross rent is $1,092 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Eaton County?
2,182 establishments, employing 42,828 people with an annual payroll of $2.27 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Eaton County?
Average annual pay is $60,862, or $1,170 a week, across 44,501 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Eaton County?
104 7(a) approvals totalling $50.9 m since FY2020, across 26 lenders, with a median approval of $150,000, plus 39 504 approvals worth $24.4 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Eaton County get paid back?
Of the 21 loans that have reached a final outcome, 21 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Eaton County?
118 housing units were authorised by permit in 2024, with a declared construction value of $45.9 m. Multifamily was 3.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Eaton 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 Eaton County come from?
The largest single origin is Eaton County Non-migrants, with 43,266 households. Arriving households report an average income of $51,400 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 Eaton 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 Eaton 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.