Ontonagon County, Michigan: commercial real estate data.
Ontonagon County, Michigan has a population of 5,850 across 1,311 square miles, up 0.2 percent since the 2020 census base. County output reached $169.2 m in 2024, 165 establishments operate here, and the SBA record carries 4 7(a) approvals worth $1.1 m.
110 sourced county values · tier FULL · 12 sections
Ontonagon County
How many people live in Ontonagon County
- Population5,850
- Households3,149
- Average household size1.86
- Median household income$54,398
- Median age59.8
- Median gross rent$540 per month
- Median owner-occupied home value$111,700
- Home value to household income2.1 times
- Annual rent as a share of median income11.9 percent
- Adults 25 and over with a bachelor degree or higher18.4 percent
- Adults 25 and over with a graduate degree6.5 percent
- Adults 25 and over4,895
- Population under 18669
- Share under 1811.4 percent
- Population 65 and over2,236
- Share 65 and over38.2 percent
- Working age population, 18 to 642,945
- Civilian labor force2,271
- Unemployment rate5.3 percent
- Labor force participation, adults 18 and over43.8 percent
- Rank by population among Michigan counties82nd of 83
- Rank by population among US county-equivalents2824th
Ontonagon County is the 82nd largest of 83 Michigan counties by population. A median home costs 2.1 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 38.2 percent against 11.4 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.
Ontonagon County
Is Ontonagon County growing
- Population change since the 2020 census base0.21 percent
- Census 2020 base population5,812
- Births, 202422
- Deaths, 2024110
- Natural change, 2024-88
- Net domestic migration, 202451
- Net international migration, 20243
- Total net migration, 202454
- Cumulative net domestic migration, 2021 to 2024385
- Rank by growth among US county-equivalents1753rd
The county has grown 0.21 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.
Ontonagon County
Where people moving to Ontonagon County come from
- Tax returns filed by households arriving160
- People arriving, from those returns244
- Adjusted gross income arriving$10.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$66,463
- Largest single originOntonagon County Non-migrants (2,329 households)
- Largest single destination (2,329 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Ontonagon County Non-migrants | 2,329 | 4,191 | $127.1 m |
| Other flows - Different State | 102 | 159 | $8.2 m |
| Other flows - Midwest | 75 | 120 | $6.6 m |
| Other flows - Same State | 58 | 85 | $2.4 m |
| Other flows - West | 27 | 39 | $1.7 m |
The largest single source of arrivals is Ontonagon 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.
Ontonagon County
What the Ontonagon County economy runs on
- County GDP, 2024$169.2 m
- County GDP, 2023$165.6 m
- GDP change, 2023 to 20242.2 percent
- GDP change over five years26.4 percent
- Rank by GDP among Michigan counties82nd
- Rank by GDP among US county-equivalents2947th
- GDP per resident$28,923
Output grew 2.2 percent in the latest year and 26.4 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.
Ontonagon County
Who employs people in Ontonagon County
- Covered employment, annual average1,338
- Establishments reporting191
- Average annual pay$35,632
- Average weekly wage$685
- Sector 44-45, employment392
- Sector 44-45, average annual pay$29,386
- Sector 23, employment67
- Sector 23, average annual pay$40,071
- Sector 62, employment65
- Sector 62, average annual pay$39,390
- Sector 81, employment34
- Sector 81, average annual pay$25,228
- Sector 31-33, employment20
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 392 | 30 | $29,386 |
| Sector 23 | 67 | 21 | $40,071 |
| Sector 62 | 65 | 8 | $39,390 |
| Sector 81 | 34 | 14 | $25,228 |
| Sector 31-33 | 20 | 8 | $51,329 |
The largest sector is the biggest private employer group at 392 jobs, 29.3 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.
Ontonagon County
What businesses operate in Ontonagon County
- Establishments, all industries165
- Employment at those establishments902
- Annual payroll$30.3 m
- Establishments per 1,000 residents28.2
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.
Ontonagon County
What is being built in Ontonagon County
- Housing units authorised by permit, 202416
- Declared construction value permitted$5.8 m
- Single family units authorised16
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$363,305
- Units authorised per 1,000 households5.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Ontonagon County
How much SBA lending happens in Ontonagon County
- 7(a) approvals recorded4
- 7(a) gross approval dollars$1.1 m
- Average 7(a) approval$266,625
- Median 7(a) approval$400,000
- 10th percentile approval$25,000
- 90th percentile approval$438,000
- Largest single approval$438,000
- Jobs reported supported, 7(a)12
- Jobs per approval3.0
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals3
- Median 7(a) term128 months
- Share of loans on real estate terms, 240 months or longer25.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countLogging (2)
- Most active lenderNicolet National Bank (1)
The average approval of $266,625 sits close to the median of $400,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 25.0 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.
Ontonagon County
Do SBA loans in Ontonagon County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Exempt from disclosure3
- Status: Paid in full1
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.
Ontonagon County
Which parts of Ontonagon County get the lending
- Places in the county with recorded lending3
- Ontonagon, approvals2
- ROCKLAND, approvals1
- BRUCE CROSSING, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Ontonagon | 2 | $603,500 |
| ROCKLAND | 1 | $438,000 |
| BRUCE CROSSING | 1 | $25,000 |
Ontonagon accounts for 2 approvals against 1 in ROCKLAND. 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.
Ontonagon County
How big is Ontonagon County
- Land area1,311 sq mi
- Rank by land area among Michigan counties3rd of 83
- Width, east to west48.5 mi
- Height, north to south48.3 mi
- Geographies sharing a boundary3
- Residents per square mile of land4
- Establishments per square mile0.13
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.
Ontonagon County
What hazards affect Ontonagon County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 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 Ontonagon 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 Ontonagon County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population5,850
- Households3,149
- Average household size1.86
- Median household income$54,398
- Median age59.8
Common questions
Ontonagon County questions, answered from the record.
How many people live in Ontonagon County, Michigan?
5,850, in 3,149 households, ranking 82nd of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Ontonagon County growing?
The population has grown 0.21 percent since the 2020 census base. In 2024 there were 22 births against 110 deaths, with net migration of 54. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Ontonagon County?
$54,398. The median owner-occupied home is valued at $111,700, which is 2.1 times income, and median gross rent is $540 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Ontonagon County?
165 establishments, employing 902 people with an annual payroll of $30.3 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 Ontonagon County?
Average annual pay is $35,632, or $685 a week, across 1,338 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Ontonagon County?
4 7(a) approvals totalling $1.1 m since FY2020, across 4 lenders, with a median approval of $400,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Ontonagon County?
16 housing units were authorised by permit in 2024, with a declared construction value of $5.8 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Ontonagon County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Ontonagon County come from?
The largest single origin is Ontonagon County Non-migrants, with 2,329 households. Arriving households report an average income of $66,463 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 Ontonagon 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 Ontonagon 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.