HomeMichiganPresque Isle County
Presque Isle County, Michigan: commercial real estate data.
Presque Isle County, Michigan has a population of 13,209 across 659 square miles, up 1.9 percent since the 2020 census base. County output reached $482.1 m in 2024, 317 establishments operate here, and the SBA record carries 4 7(a) approvals worth $992,300.
105 sourced county values · tier FULL · 11 sections
Presque Isle County
How many people live in Presque Isle County
- Population13,209
- Households6,655
- Average household size1.98
- Median household income$59,321
- Median age56.1
- Median gross rent$683 per month
- Median owner-occupied home value$151,300
- Home value to household income2.6 times
- Annual rent as a share of median income13.8 percent
- Adults 25 and over with a bachelor degree or higher21.4 percent
- Adults 25 and over with a graduate degree6.7 percent
- Adults 25 and over10,492
- Population under 182,033
- Share under 1815.4 percent
- Population 65 and over4,450
- Share 65 and over33.7 percent
- Working age population, 18 to 646,726
- Civilian labor force5,250
- Unemployment rate6.5 percent
- Labor force participation, adults 18 and over47.0 percent
- Rank by population among Michigan counties71st of 83
- Rank by population among US county-equivalents2274th
Presque Isle County is the 71st largest of 83 Michigan counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 33.7 percent against 15.4 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.
Presque Isle County
Is Presque Isle County growing
- Population change since the 2020 census base1.91 percent
- Census 2020 base population12,982
- Births, 202493
- Deaths, 2024255
- Natural change, 2024-162
- Net domestic migration, 2024109
- Net international migration, 20249
- Total net migration, 2024118
- Cumulative net domestic migration, 2021 to 2024741
- Rank by growth among US county-equivalents1193rd
The county has grown 1.91 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.
Presque Isle County
Where people moving to Presque Isle County come from
- Tax returns filed by households arriving368
- People arriving, from those returns663
- Adjusted gross income arriving$25.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$68,122
- Largest single originPresque Isle County Non-migrants (5,629 households)
- Largest single destination (5,629 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Presque Isle County Non-migrants | 5,629 | 10,524 | $361.5 m |
| Other flows - Same State | 165 | 287 | $10.6 m |
| Other flows - Different State | 77 | 142 | $6.1 m |
| Alpena County | 70 | 115 | $4.7 m |
| Cheboygan County | 34 | 77 | $1.9 m |
| Other flows - South | 33 | 61 | $2.7 m |
| Other flows - West | 24 | 38 | $1.7 m |
| Oakland County | 22 | 42 | $1.9 m |
The largest single source of arrivals is Presque Isle 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.
Presque Isle County
What the Presque Isle County economy runs on
- County GDP, 2024$482.1 m
- County GDP, 2023$486.5 m
- GDP change, 2023 to 2024-0.9 percent
- GDP change over five years34.8 percent
- Rank by GDP among Michigan counties72nd
- Rank by GDP among US county-equivalents2425th
- GDP per resident$36,501
Output grew -0.9 percent in the latest year and 34.8 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.
Presque Isle County
Who employs people in Presque Isle County
- Covered employment, annual average2,595
- Establishments reporting347
- Average annual pay$47,344
- Average weekly wage$910
- Sector 44-45, employment376
- Sector 44-45, average annual pay$29,806
- Sector 31-33, employment122
- Sector 31-33, average annual pay$40,582
- Sector 23, employment105
- Sector 23, average annual pay$43,883
- Sector 52, employment98
- Sector 52, average annual pay$58,685
- Sector 81, employment95
- Sector 56, employment91
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 376 | 51 | $29,806 |
| Sector 31-33 | 122 | 15 | $40,582 |
| Sector 23 | 105 | 42 | $43,883 |
| Sector 52 | 98 | 16 | $58,685 |
| Sector 81 | 95 | 36 | $26,418 |
| Sector 56 | 91 | 20 | $21,999 |
| Sector 54 | 32 | 14 | $42,423 |
| Sector 51 | 26 | 5 | $61,126 |
The largest sector is the biggest private employer group at 376 jobs, 14.5 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.
Presque Isle County
What businesses operate in Presque Isle County
- Establishments, all industries317
- Employment at those establishments2,176
- Annual payroll$89.6 m
- Establishments per 1,000 residents24.0
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.
Presque Isle County
What is being built in Presque Isle County
- Housing units authorised by permit, 202446
- Declared construction value permitted$11.2 m
- Single family units authorised46
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$243,893
- Units authorised per 1,000 households6.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Presque Isle County
How much SBA lending happens in Presque Isle County
- 7(a) approvals recorded4
- 7(a) gross approval dollars$992,300
- Average 7(a) approval$248,075
- Median 7(a) approval$379,700
- 10th percentile approval$10,000
- 90th percentile approval$552,600
- Largest single approval$552,600
- Jobs reported supported, 7(a)27
- Jobs per approval6.8
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term204 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 countElectrical Contractors and Other Wiring Installation Contractors (2)
- Most active lenderCentral Savings Bank (2)
The average approval of $248,075 sits close to the median of $379,700, 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.
Presque Isle County
Do SBA loans in Presque Isle County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure2
Too few loans have reached a final outcome to publish a charge off rate. only 2 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.
Presque Isle County
Which parts of Presque Isle County get the lending
- Places in the county with recorded lending2
- Onaway, approvals3
- PRESQUE ISLE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Onaway | 3 | $982,300 |
| PRESQUE ISLE | 1 | $10,000 |
Onaway accounts for 3 approvals against 1 in PRESQUE ISLE. 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.
Presque Isle County
How big is Presque Isle County
- Land area659 sq mi
- Rank by land area among Michigan counties31st of 83
- Width, east to west42.3 mi
- Height, north to south29.6 mi
- Geographies sharing a boundary3
- Residents per square mile of land20
- Establishments per square mile0.48
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.
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.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- 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 Presque Isle 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 Presque Isle County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population13,209
- Households6,655
- Average household size1.98
- Median household income$59,321
- Median age56.1
Common questions
Presque Isle County questions, answered from the record.
How many people live in Presque Isle County, Michigan?
13,209, in 6,655 households, ranking 71st of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Presque Isle County growing?
The population has grown 1.91 percent since the 2020 census base. In 2024 there were 93 births against 255 deaths, with net migration of 118. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Presque Isle County?
$59,321. The median owner-occupied home is valued at $151,300, which is 2.6 times income, and median gross rent is $683 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Presque Isle County?
317 establishments, employing 2,176 people with an annual payroll of $89.6 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 Presque Isle County?
Average annual pay is $47,344, or $910 a week, across 2,595 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Presque Isle County?
4 7(a) approvals totalling $992,300 since FY2020, across 3 lenders, with a median approval of $379,700. These are approvals recorded in the release, not loans disbursed.
What is being built in Presque Isle County?
46 housing units were authorised by permit in 2024, with a declared construction value of $11.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Presque Isle 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 Presque Isle County come from?
The largest single origin is Presque Isle County Non-migrants, with 5,629 households. Arriving households report an average income of $68,122 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 Presque Isle 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 Presque Isle 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.