Menominee County, Michigan: commercial real estate data.
Menominee County, Michigan has a population of 23,247 across 1,044 square miles, down 1.9 percent since the 2020 census base. County output reached $971.2 m in 2024, 435 establishments operate here, and the SBA record carries 19 7(a) approvals worth $11.3 m.
127 sourced county values · tier FULL · 12 sections
Menominee County
How many people live in Menominee County
- Population23,247
- Households10,361
- Average household size2.24
- Median household income$56,435
- Median age49.6
- Median gross rent$692 per month
- Median owner-occupied home value$151,800
- Home value to household income2.7 times
- Annual rent as a share of median income14.7 percent
- Adults 25 and over with a bachelor degree or higher18.5 percent
- Adults 25 and over with a graduate degree5.6 percent
- Adults 25 and over17,491
- Population under 184,054
- Share under 1817.4 percent
- Population 65 and over6,261
- Share 65 and over26.9 percent
- Working age population, 18 to 6412,932
- Civilian labor force10,757
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over56.0 percent
- Rank by population among Michigan counties61st of 83
- Rank by population among US county-equivalents1722nd
Menominee County is the 61st 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 65 and over outnumber those under 18, at 26.9 percent against 17.4 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.
Menominee County
Is Menominee County growing
- Population change since the 2020 census base-1.90 percent
- Census 2020 base population23,496
- Births, 202489
- Deaths, 2024276
- Natural change, 2024-187
- Net domestic migration, 2024106
- Net international migration, 202411
- Total net migration, 2024117
- Cumulative net domestic migration, 2021 to 2024152
- Rank by growth among US county-equivalents2477th
The county has lost 1.90 percent of its population 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.
Menominee County
Where people moving to Menominee County come from
- Tax returns filed by households arriving555
- People arriving, from those returns970
- Adjusted gross income arriving$28.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$51,072
- Largest single originMenominee County Non-migrants (9,170 households)
- Largest single destination (9,170 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Menominee County Non-migrants | 9,170 | 17,310 | $552.9 m |
| Other flows - Different State | 235 | 416 | $14.7 m |
| Marinette County | 151 | 246 | $5.6 m |
| Other flows - Midwest | 139 | 231 | $8.5 m |
| Other flows - Same State | 88 | 153 | $3.9 m |
| Delta County | 60 | 126 | $2.5 m |
| Other flows - South | 57 | 127 | $4.0 m |
| Other flows - West | 39 | 58 | $2.1 m |
The largest single source of arrivals is Menominee 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.
Menominee County
What the Menominee County economy runs on
- County GDP, 2024$971.2 m
- County GDP, 2023$896.4 m
- GDP change, 2023 to 20248.3 percent
- GDP change over five years39.9 percent
- Rank by GDP among Michigan counties58th
- Rank by GDP among US county-equivalents1868th
- GDP per resident$41,777
Output grew 8.3 percent in the latest year and 39.9 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.
Menominee County
Who employs people in Menominee County
- Covered employment, annual average7,149
- Establishments reporting491
- Average annual pay$48,080
- Average weekly wage$925
- Sector 31-33, employment2,163
- Sector 31-33, average annual pay$60,312
- Sector 44-45, employment531
- Sector 44-45, average annual pay$30,268
- Sector 72, employment484
- Sector 72, average annual pay$17,455
- Sector 42, employment384
- Sector 42, average annual pay$72,188
- Sector 81, employment270
- Sector 23, employment155
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,163 | 53 | $60,312 |
| Sector 44-45 | 531 | 57 | $30,268 |
| Sector 72 | 484 | 44 | $17,455 |
| Sector 42 | 384 | 20 | $72,188 |
| Sector 81 | 270 | 38 | $26,780 |
| Sector 23 | 155 | 34 | $59,002 |
| Sector 52 | 119 | 22 | $65,387 |
| Sector 53 | 55 | 10 | $30,418 |
The largest sector is the biggest private employer group at 2,163 jobs, 30.3 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.
Menominee County
What businesses operate in Menominee County
- Establishments, all industries435
- Employment at those establishments5,586
- Annual payroll$244.7 m
- Establishments per 1,000 residents18.7
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.
Menominee County
What is being built in Menominee County
- Housing units authorised by permit, 202426
- Declared construction value permitted$4.1 m
- Single family units authorised26
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$159,091
- Units authorised per 1,000 households2.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Menominee County
How much SBA lending happens in Menominee County
- 7(a) approvals recorded19
- 7(a) gross approval dollars$11.3 m
- Average 7(a) approval$595,300
- Median 7(a) approval$224,000
- 10th percentile approval$15,000
- 90th percentile approval$1,760,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)202
- Jobs per approval10.6
- Distinct 7(a) lenders active8
- Distinct industries receiving approvals14
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.1 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter11
- Franchise loans3
- Franchise share of approvals15.8 percent
- Leading industry by approval countSawmills (3)
- Most active lenderThe Stephenson National Bank and Trust (10)
- 504 approvals recorded2
- 504 gross approval dollars$555,000
- Average 504 approval$277,500
- Median 504 approval$335,000
- Distinct CDCs active2
- 504 jobs per approval7.5
- 504 jobs per million dollars approved27.0
- Most active CDCMichigan Certified Development Corporation (1)
- 7(a) share of SBA approvals90.5 percent
- Combined SBA approval dollars$11.9 m
The average approval of $595,300 sits well above the median of $224,000, 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 21.1 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.
Menominee County
Do SBA loans in Menominee County get paid back
- Loans with a final outcome recorded10
- Paid in full9
- Charged off1
- Charge off rate on resolved loans10.0 percent
- Status: Paid in full9
- Status: Exempt from disclosure8
- Status: Charged off1
- Status: Committed, not yet disbursed1
Of the 10 loans that have reached a final outcome, 10.0 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.
Menominee County
Which parts of Menominee County get the lending
- Places in the county with recorded lending8
- MENOMINEE, approvals9
- Stephenson, approvals3
- WALLACE, approvals2
- Cedar River, approvals1
- Carney, approvals1
- MARINETTE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MENOMINEE | 9 | $8,635,500 |
| Stephenson | 3 | $1,444,400 |
| WALLACE | 2 | $55,000 |
| Cedar River | 1 | $949,300 |
| Carney | 1 | $45,000 |
| MARINETTE | 1 | $100,000 |
| Daggett | 1 | $66,500 |
| Green Bay | 1 | $15,000 |
MENOMINEE accounts for 9 approvals against 3 in Stephenson. 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.
Menominee County
How big is Menominee County
- Land area1,044 sq mi
- Rank by land area among Michigan counties8th of 83
- Width, east to west30.3 mi
- Height, north to south61.5 mi
- Geographies sharing a boundary3
- Residents per square mile of land22
- Establishments per square mile0.42
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.
Menominee County
What hazards affect Menominee County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book18
- Of those, participating in the NFIP16
- NFIP participation rate88.9 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 Menominee 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 Menominee County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population23,247
- Households10,361
- Average household size2.24
- Median household income$56,435
- Median age49.6
Common questions
Menominee County questions, answered from the record.
How many people live in Menominee County, Michigan?
23,247, in 10,361 households, ranking 61st of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Menominee County growing?
The population has fallen 1.90 percent since the 2020 census base. In 2024 there were 89 births against 276 deaths, with net migration of 117. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Menominee County?
$56,435. The median owner-occupied home is valued at $151,800, which is 2.7 times income, and median gross rent is $692 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Menominee County?
435 establishments, employing 5,586 people with an annual payroll of $244.7 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 Menominee County?
Average annual pay is $48,080, or $925 a week, across 7,149 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Menominee County?
19 7(a) approvals totalling $11.3 m since FY2020, across 8 lenders, with a median approval of $224,000, plus 2 504 approvals worth $555,000. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Menominee County get paid back?
Of the 10 loans that have reached a final outcome, 9 were paid in full and 1 charged off, a charge off rate of 10.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Menominee County?
26 housing units were authorised by permit in 2024, with a declared construction value of $4.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Menominee 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 Menominee County come from?
The largest single origin is Menominee County Non-migrants, with 9,170 households. Arriving households report an average income of $51,072 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 Menominee 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 Menominee 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.