Alcona County, Michigan: commercial real estate data.
Alcona County, Michigan had an estimated 10,624 residents on July 1, 2024, up 4.6 percent since the 2020 census base of 10,161, across 675 square miles. County output reached $263.2 m in 2024, 182 establishments operate here, and the SBA record carries 2 7(a) approvals worth $725,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Alcona County
How many people live in Alcona County
- Population, American Community Survey 2020-202410,397
- Households5,305
- Average household size1.96
- Median household income$54,993
- Median age60.0
- Median gross rent$867 per month
- Median owner-occupied home value$162,800
- Home value to household income3.0 times
- Annual rent as a share of median income18.9 percent
- Adults 25 and over with a bachelor degree or higher21.4 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over8,649
- Population under 181,305
- Share under 1812.6 percent
- Population 65 and over3,843
- Share 65 and over37.0 percent
- Working age population, 18 to 645,249
- Civilian labor force3,966
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over43.6 percent
- Rank by population among Michigan counties75th of 83
- Rank by population among US county-equivalents, Puerto Rico included2458th of 3,222
Alcona County is the 75th largest of 83 Michigan counties by population. A median home costs 3.0 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 37.0 percent against 12.6 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Alcona County
Is Alcona County's population growing?
- Population, July 1, 202410,624
- Census 2020 base population10,161
- Population change since the 2020 census base4.56 percent
- Population change, 2023 to 2024111
- Births, 202472
- Deaths, 2024167
- Natural change, 2024-95
- Net domestic migration, 2024190
- Net international migration, 202417
- Total net migration, 2024207
- Cumulative net domestic migration, 2021 to 2024912
- Rank by growth among US county-equivalents603rd of 3,144
The county has grown 4.56 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration 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.
Alcona County
Where are people moving to Alcona County from?
- Tax returns filed by households arriving456
- People arriving, from those returns798
- Tax returns filed by households leaving288
- Net household movement168
- Adjusted gross income arriving$31.7 m
- Net adjusted gross income movement$14.9 m
- Average income of an arriving household$69,465
- Average income of a leaving household$58,410
- Largest single originIosco County (60 households)
- Largest single destinationIosco County (57 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Iosco County | 60 | 103 | $2.3 m |
| Oakland County | 46 | 89 | $4.9 m |
| Alpena County | 44 | 74 | $1.9 m |
| Wayne County | 31 | 51 | $3.1 m |
| Macomb County | 22 | 36 | $1.4 m |
Households arriving report $11,055 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Iosco County, 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.
Alcona County
What is the Alcona County economy?
- County GDP, 2024$263.2 m
- County GDP, 2023$262.7 m
- GDP change, 2023 to 20240.2 percent
- GDP change over five years12.4 percent
- Rank by GDP among the Michigan areas BEA publishes80th of 83
- Rank by GDP among the US county areas BEA publishes2781st of 3,127
- GDP per resident$25,313
Output grew 0.2 percent in the latest year and 12.4 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.
Alcona County
Employment by industry in Alcona County
- Covered employment, annual average1,494
- Establishments reporting214
- Average annual pay$41,519
- Average weekly wage$798
- Retail trade, employment296
- Retail trade, average annual pay$33,799
- Manufacturing, employment181
- Manufacturing, average annual pay$56,133
- Health care and social assistance, employment148
- Health care and social assistance, average annual pay$46,848
- Other services, except public administration, employment82
- Other services, except public administration, average annual pay$20,254
- Construction, employment47
- Administrative and support and waste management services, employment36
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 296 | 32 | $33,799 |
| Manufacturing | 181 | 26 | $56,133 |
| Health care and social assistance | 148 | 16 | $46,848 |
| Other services, except public administration | 82 | 18 | $20,254 |
| Construction | 47 | 16 | $44,445 |
| Administrative and support and waste management services | 36 | 10 | $37,830 |
| Finance and insurance | 29 | 10 | $80,656 |
| Real estate and rental and leasing | 23 | 8 | $36,981 |
Retail trade is the largest private sector at 296 jobs, 19.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Alcona County
How many businesses are in Alcona County?
- Establishments, all industries182
- Employment at those establishments1,126
- Annual payroll$43.4 m
- Establishments per 1,000 residents17.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Alcona County
Building permits in Alcona County
- Housing units authorized by permit, 202438
- Declared construction value permitted$8.5 m
- Single family units authorized38
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$224,586
- Units authorized per 1,000 households7.2
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Alcona County
SBA loans in Alcona County (7(a) and 504)
- 7(a) approvals recorded2
- 7(a) gross approval dollars$725,000
- Average 7(a) approval$362,500
- Median 7(a) approval$362,500
- Largest single approval$675,000
- Jobs reported supported, 7(a)16
- Jobs per approval8.0
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term197 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Alcona County
SBA loan default and charge-off rates in Alcona County
Do SBA loans in Alcona County get paid back?
- Loans with a final outcome recorded1
- Paid in full0
- Charged off1
- Status: Exempt from disclosure1
- Status: Charged off1
Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Alcona County
How large is Alcona County?
- Land area675 sq mi
- Rank by land area among Michigan counties30th of 83
- Width, east to west30.3 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary3
- Residents per square mile of land15
- Establishments per square mile0.27
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.
Alcona County
Flood risk in Alcona County
- Communities in the county in the NFIP Community Status Book13
- Of those, participating in the NFIP11
- NFIP participation rate84.6 percent
- Communities carrying a CRS class0
- Radon levels in Alcona County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Alcona County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 84.6 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Alcona 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 Alcona County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202410,397
- Households5,305
- Average household size1.96
- Median household income$54,993
- Median age60.0
Common questions
Alcona County questions, answered from the record.
How many people live in Alcona County, Michigan?
The Census Bureau estimates 10,624 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 10,397, in 5,305 households, ranking 75th of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Alcona County's population growing?
The population has grown 4.56 percent since the 2020 census base of 10,161, to 10,624 on July 1, 2024. In 2024 there were 72 births against 167 deaths, with net migration of 207. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Alcona County?
$54,993. The median owner-occupied home is valued at $162,800, which is 3.0 times income, and median gross rent is $867 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Alcona County?
182 establishments, employing 1,126 people with an annual payroll of $43.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Alcona County?
Retail trade is the largest private sector at 296 jobs, 19.8 percent of covered employment. Covered employment averages 1,494 jobs at an average annual pay of $41,519, or $798 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Alcona County?
2 7(a) approvals totaling $725,000 since FY2020, across 2 lenders, with a median approval of $362,500. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Alcona County?
38 housing units were authorized by permit in 2024, with a declared construction value of $8.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Alcona 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 Alcona County come from?
The largest single origin is Iosco County, with 60 households. Arriving households report an average income of $69,465 against $58,410 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Alcona 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 Alcona County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Alcona County
Cities and places in Alcona.
4 Census places lie wholly or partly in Alcona County. All 4 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Hubbard Lake | CDP | 944 | None recorded | Wholly in this county |
| Harrisville | city | 489 | None recorded | Wholly in this county |
| Lost Lake Woods | CDP | 458 | None recorded | Wholly in this county |
| Lincoln | village | 225 | None recorded | Wholly in this county |
A further 2 of the county's 2 SBA 7(a) approvals are to borrowers in cities that match no Census place in Alcona County, the largest being Greenbush (2). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby