Lapeer County, Michigan: commercial real estate data.
Lapeer County, Michigan has a population of 88,837 across 643 square miles, up 0.6 percent since the 2020 census base. County output reached $3.26 bn in 2024, 1,771 establishments operate here, and the SBA record carries 94 7(a) approvals worth $30.5 m.
128 sourced county values · tier FULL · 12 sections
Lapeer County
How many people live in Lapeer County
- Population88,837
- Households34,836
- Average household size2.55
- Median household income$77,306
- Median age44.7
- Median gross rent$988 per month
- Median owner-occupied home value$239,000
- Home value to household income3.1 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher20.4 percent
- Adults 25 and over with a graduate degree6.6 percent
- Adults 25 and over64,531
- Population under 1817,667
- Share under 1819.9 percent
- Population 65 and over17,916
- Share 65 and over20.2 percent
- Working age population, 18 to 6453,254
- Civilian labor force43,619
- Unemployment rate5.1 percent
- Labor force participation, adults 18 and over61.3 percent
- Rank by population among Michigan counties23rd of 83
- Rank by population among US county-equivalents675th
Lapeer County is the 23rd largest of 83 Michigan counties by population. A median home costs 3.1 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 20.2 percent against 19.9 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.
Lapeer County
Is Lapeer County growing
- Population change since the 2020 census base0.62 percent
- Census 2020 base population88,622
- Births, 2024765
- Deaths, 20241,070
- Natural change, 2024-305
- Net domestic migration, 2024343
- Net international migration, 202477
- Total net migration, 2024420
- Cumulative net domestic migration, 2021 to 20241,586
- Rank by growth among US county-equivalents1611th
The county has grown 0.62 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.
Lapeer County
Where people moving to Lapeer County come from
- Tax returns filed by households arriving2,437
- People arriving, from those returns4,364
- Adjusted gross income arriving$155.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$63,881
- Largest single originLapeer County Non-migrants (35,253 households)
- Largest single destination (35,253 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lapeer County Non-migrants | 35,253 | 70,982 | $2.62 bn |
| Oakland County | 520 | 942 | $41.7 m |
| Macomb County | 502 | 960 | $36.8 m |
| Genesee County | 432 | 757 | $23.9 m |
| Other flows - Different State | 366 | 664 | $22.3 m |
| Other flows - Same State | 214 | 340 | $11.8 m |
| Other flows - South | 184 | 333 | $11.5 m |
| St. Clair County | 129 | 226 | $5.6 m |
The largest single source of arrivals is Lapeer 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.
Lapeer County
What the Lapeer County economy runs on
- County GDP, 2024$3.26 bn
- County GDP, 2023$3.14 bn
- GDP change, 2023 to 20243.6 percent
- GDP change over five years35.7 percent
- Rank by GDP among Michigan counties27th
- Rank by GDP among US county-equivalents926th
- GDP per resident$36,672
Output grew 3.6 percent in the latest year and 35.7 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.
Lapeer County
Who employs people in Lapeer County
- Covered employment, annual average21,986
- Establishments reporting1,724
- Average annual pay$51,778
- Average weekly wage$996
- Sector 31-33, employment4,738
- Sector 31-33, average annual pay$59,165
- Sector 44-45, employment2,958
- Sector 44-45, average annual pay$36,455
- Sector 72, employment2,121
- Sector 72, average annual pay$21,115
- Sector 62, employment1,895
- Sector 62, average annual pay$48,118
- Sector 23, employment1,273
- Sector 56, employment1,113
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 4,738 | 126 | $59,165 |
| Sector 44-45 | 2,958 | 222 | $36,455 |
| Sector 72 | 2,121 | 129 | $21,115 |
| Sector 62 | 1,895 | 158 | $48,118 |
| Sector 23 | 1,273 | 242 | $72,080 |
| Sector 56 | 1,113 | 140 | $47,736 |
| Sector 81 | 753 | 144 | $42,459 |
| Sector 54 | 524 | 122 | $65,380 |
The largest sector is the biggest private employer group at 4,738 jobs, 21.6 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.
Lapeer County
What businesses operate in Lapeer County
- Establishments, all industries1,771
- Employment at those establishments20,902
- Annual payroll$902.7 m
- Establishments per 1,000 residents19.9
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.
Lapeer County
What is being built in Lapeer County
- Housing units authorised by permit, 2024149
- Declared construction value permitted$51.1 m
- Single family units authorised149
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$342,980
- Units authorised per 1,000 households4.3
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Lapeer County
How much SBA lending happens in Lapeer County
- 7(a) approvals recorded94
- 7(a) gross approval dollars$30.5 m
- Average 7(a) approval$324,244
- Median 7(a) approval$150,000
- 10th percentile approval$30,000
- 90th percentile approval$850,000
- Largest single approval$2,900,000
- Jobs reported supported, 7(a)806
- Jobs per approval8.6
- Distinct 7(a) lenders active26
- Distinct industries receiving approvals51
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer13.8 percent
- Loans on real estate terms13
- Loans on working capital terms, 120 months or shorter75
- Franchise loans10
- Franchise share of approvals10.6 percent
- Leading industry by approval countLimited-Service Restaurants (6)
- Most active lenderThe Huntington National Bank (37)
- 504 approvals recorded34
- 504 gross approval dollars$13.2 m
- Average 504 approval$389,676
- Median 504 approval$327,000
- Distinct CDCs active4
- 504 jobs per approval7.9
- 504 jobs per million dollars approved20.2
- Most active CDCMichigan Certified Development Corporation (30)
- 7(a) share of SBA approvals73.4 percent
- Combined SBA approval dollars$43.7 m
The average approval of $324,244 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 13.8 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.
Lapeer County
Do SBA loans in Lapeer County get paid back
- Loans with a final outcome recorded16
- Paid in full15
- Charged off1
- Charge off rate on resolved loans6.3 percent
- Status: Paid in full15
- Status: Exempt from disclosure58
- Status: Cancelled12
- Status: Charged off1
- Status: Committed, not yet disbursed8
Of the 16 loans that have reached a final outcome, 6.3 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.
Lapeer County
Which parts of Lapeer County get the lending
- Places in the county with recorded lending12
- LAPEER, approvals41
- Imlay City, approvals17
- Metamora, approvals16
- Almont, approvals5
- ATTICA, approvals4
- Dryden, approvals4
| Place | Approvals | Gross approval dollars |
|---|---|---|
| LAPEER | 41 | $16,351,200 |
| Imlay City | 17 | $5,720,300 |
| Metamora | 16 | $3,233,700 |
| Almont | 5 | $453,800 |
| ATTICA | 4 | $714,600 |
| Dryden | 4 | $327,300 |
| North Branch | 2 | $2,733,000 |
| OXFORD | 1 | $31,000 |
LAPEER accounts for 41 approvals against 17 in Imlay City. 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.
Lapeer County
How big is Lapeer County
- Land area643 sq mi
- Rank by land area among Michigan counties32nd of 83
- Width, east to west24.1 mi
- Height, north to south30.8 mi
- Geographies sharing a boundary6
- Residents per square mile of land138
- Establishments per square mile2.75
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.
Lapeer County
What hazards affect Lapeer County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book28
- Of those, participating in the NFIP26
- NFIP participation rate92.9 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 Lapeer 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 Lapeer County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population88,837
- Households34,836
- Average household size2.55
- Median household income$77,306
- Median age44.7
Common questions
Lapeer County questions, answered from the record.
How many people live in Lapeer County, Michigan?
88,837, in 34,836 households, ranking 23rd of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lapeer County growing?
The population has grown 0.62 percent since the 2020 census base. In 2024 there were 765 births against 1,070 deaths, with net migration of 420. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lapeer County?
$77,306. The median owner-occupied home is valued at $239,000, which is 3.1 times income, and median gross rent is $988 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Lapeer County?
1,771 establishments, employing 20,902 people with an annual payroll of $902.7 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 Lapeer County?
Average annual pay is $51,778, or $996 a week, across 21,986 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lapeer County?
94 7(a) approvals totalling $30.5 m since FY2020, across 26 lenders, with a median approval of $150,000, plus 34 504 approvals worth $13.2 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Lapeer County get paid back?
Of the 16 loans that have reached a final outcome, 15 were paid in full and 1 charged off, a charge off rate of 6.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Lapeer County?
149 housing units were authorised by permit in 2024, with a declared construction value of $51.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lapeer 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 Lapeer County come from?
The largest single origin is Lapeer County Non-migrants, with 35,253 households. Arriving households report an average income of $63,881 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 Lapeer 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 Lapeer 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.