Charlevoix County, Michigan: commercial real estate data.
Charlevoix County, Michigan had an estimated 26,105 residents on July 1, 2024, up 0.2 percent since the 2020 census base of 26,049, across 416 square miles. County output reached $1.72 bn in 2024, 891 establishments operate here, and the SBA record carries 63 7(a) approvals worth $18.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Charlevoix County
How many people live in Charlevoix County
- Population, American Community Survey 2020-202426,108
- Households12,267
- Average household size2.13
- Median household income$76,531
- Median age50.4
- Median gross rent$949 per month
- Median owner-occupied home value$276,800
- Home value to household income3.6 times
- Annual rent as a share of median income14.9 percent
- Adults 25 and over with a bachelor degree or higher35.2 percent
- Adults 25 and over with a graduate degree14.6 percent
- Adults 25 and over19,802
- Population under 184,586
- Share under 1817.6 percent
- Population 65 and over7,067
- Share 65 and over27.1 percent
- Working age population, 18 to 6414,455
- Civilian labor force12,760
- Unemployment rate3.4 percent
- Labor force participation, adults 18 and over59.3 percent
- Rank by population among Michigan counties52nd of 83
- Rank by population among US county-equivalents, Puerto Rico included1611th of 3,222
Charlevoix County is the 52nd largest of 83 Michigan counties by population. A median home costs 3.6 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 27.1 percent against 17.6 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.
Charlevoix County
Is Charlevoix County's population growing?
- Population, July 1, 202426,105
- Census 2020 base population26,049
- Population change since the 2020 census base0.21 percent
- Population change, 2023 to 202416
- Births, 2024188
- Deaths, 2024332
- Natural change, 2024-144
- Net domestic migration, 2024138
- Net international migration, 202423
- Total net migration, 2024161
- Cumulative net domestic migration, 2021 to 2024638
- Rank by growth among US county-equivalents1752nd of 3,144
The county has grown 0.21 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.
Charlevoix County
Where are people moving to Charlevoix County from?
- Tax returns filed by households arriving894
- People arriving, from those returns1,514
- Tax returns filed by households leaving846
- Net household movement48
- Adjusted gross income arriving$149.9 m
- Net adjusted gross income movement$65.2 m
- Average income of an arriving household$167,687
- Average income of a leaving household$100,190
- Largest single originEmmet County (120 households)
- Largest single destinationEmmet County (114 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Emmet County | 120 | 193 | $9.8 m |
| Antrim County | 81 | 142 | $3.9 m |
| Oakland County | 54 | 95 | $10.0 m |
| Kent County | 36 | 66 | $5.9 m |
| Grand Traverse County | 35 | 58 | $3.1 m |
| Otsego County | 32 | 48 | $1.5 m |
| Wayne County | 32 | 49 | $3.2 m |
| Cheboygan County | 23 | 31 | $780,000 |
Households arriving report $67,497 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 Emmet 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.
Charlevoix County
What is the Charlevoix County economy?
- County GDP, 2024$1.72 bn
- County GDP, 2023$1.64 bn
- GDP change, 2023 to 20245.2 percent
- GDP change over five years47.5 percent
- Rank by GDP among the Michigan areas BEA publishes45th of 83
- Rank by GDP among the US county areas BEA publishes1408th of 3,127
- GDP per resident$65,908
Output grew 5.2 percent in the latest year and 47.5 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.
Charlevoix County
Employment by industry in Charlevoix County
- Covered employment, annual average10,983
- Establishments reporting900
- Average annual pay$57,950
- Average weekly wage$1,114
- Manufacturing, employment2,747
- Manufacturing, average annual pay$76,754
- Accommodation and food services, employment1,834
- Accommodation and food services, average annual pay$37,675
- Retail trade, employment895
- Retail trade, average annual pay$40,881
- Construction, employment670
- Construction, average annual pay$58,882
- Administrative and support and waste management services, employment322
- Arts, entertainment and recreation, employment302
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,747 | 52 | $76,754 |
| Accommodation and food services | 1,834 | 89 | $37,675 |
| Retail trade | 895 | 110 | $40,881 |
| Construction | 670 | 134 | $58,882 |
| Administrative and support and waste management services | 322 | 56 | $52,542 |
| Arts, entertainment and recreation | 302 | 40 | $42,143 |
| Other services, except public administration | 266 | 78 | $42,435 |
| Real estate and rental and leasing | 204 | 40 | $38,507 |
Manufacturing is the largest private sector at 2,747 jobs, 25.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Charlevoix County
How many businesses are in Charlevoix County?
- Establishments, all industries891
- Employment at those establishments9,264
- Annual payroll$519.8 m
- Establishments per 1,000 residents34.1
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.
Charlevoix County
Building permits in Charlevoix County
- Housing units authorized by permit, 2024113
- Declared construction value permitted$28.7 m
- Single family units authorized107
- Multifamily units authorized6
- Multifamily share of units5.3 percent
- Average declared value per unit$253,664
- Units authorized per 1,000 households9.2
Single-family homes are 94.7 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Charlevoix County
SBA loans in Charlevoix County (7(a) and 504)
- 7(a) approvals recorded63
- 7(a) gross approval dollars$18.8 m
- Average 7(a) approval$298,368
- Median 7(a) approval$75,000
- 10th percentile approval$20,200
- 90th percentile approval$517,500
- Largest single approval$3,705,000
- Jobs reported supported, 7(a)511
- Jobs per approval8.1
- Distinct 7(a) lenders active15
- Distinct industries receiving approvals38
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer11.1 percent
- Loans on real estate terms7
- Loans on working capital terms, 120 months or shorter52
- Franchise loans5
- Franchise share of approvals7.9 percent
- Leading industry by approval countAll Other Specialty Trade Contractors (8)
- Most active lenderThe Huntington National Bank (37)
- 504 approvals recorded13
- 504 gross approval dollars$3.1 m
- Average 504 approval$238,308
- Median 504 approval$184,000
- Distinct CDCs active2
- 504 jobs per approval5.1
- 504 jobs per million dollars approved21.3
- Most active CDCMichigan Certified Development Corporation (7)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$21.9 m
The average approval of $298,368 sits well above the median of $75,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 11.1 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.
Charlevoix County
SBA loan default and charge-off rates in Charlevoix County
Do SBA loans in Charlevoix County get paid back?
- Loans with a final outcome recorded12
- Paid in full12
- Charged off0
- Status: Exempt from disclosure44
- Status: Paid in full12
- Status: Committed, not yet disbursed5
- Status: Cancelled2
Only 12 loans have 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.
Charlevoix County
SBA lending by place in Charlevoix County
- Borrower cities with recorded lending8
- Charlevoix, approvals22
- Boyne City, approvals18
- East Jordan, approvals11
- Boyne Falls, approvals7
- Charleviox, approvals2
- Walloon Lake, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Charlevoix | 22 | $7,822,000 |
| Boyne City | 18 | $4,390,200 |
| East Jordan | 11 | $841,800 |
| Boyne Falls | 7 | $1,613,200 |
| Charleviox | 2 | $15,000 |
| Walloon Lake | 1 | $3,705,000 |
| Alanson | 1 | $250,000 |
| Jordan | 1 | $160,000 |
Charlevoix accounts for 22 approvals against 18 in Boyne 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.
Charlevoix County
How large is Charlevoix County?
- Land area416 sq mi
- Rank by land area among Michigan counties80th of 83
- Width, east to west43.5 mi
- Height, north to south44.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land63
- Establishments per square mile2.14
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.
Charlevoix County
Flood risk in Charlevoix County
- Communities in the county in the NFIP Community Status Book16
- Of those, participating in the NFIP14
- NFIP participation rate87.5 percent
- Communities carrying a CRS class0
- Radon levels in Charlevoix County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Charlevoix 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. 87.5 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 Charlevoix 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 Charlevoix County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202426,108
- Households12,267
- Average household size2.13
- Median household income$76,531
- Median age50.4
Common questions
Charlevoix County questions, answered from the record.
How many people live in Charlevoix County, Michigan?
The Census Bureau estimates 26,105 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 26,108, in 12,267 households, ranking 52nd of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Charlevoix County's population growing?
The population has grown 0.21 percent since the 2020 census base of 26,049, to 26,105 on July 1, 2024. In 2024 there were 188 births against 332 deaths, with net migration of 161. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Charlevoix County?
$76,531. The median owner-occupied home is valued at $276,800, which is 3.6 times income, and median gross rent is $949 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Charlevoix County?
891 establishments, employing 9,264 people with an annual payroll of $519.8 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 Charlevoix County?
Manufacturing is the largest private sector at 2,747 jobs, 25.0 percent of covered employment. Covered employment averages 10,983 jobs at an average annual pay of $57,950, or $1,114 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Charlevoix County?
63 7(a) approvals totaling $18.8 m since FY2020, across 15 lenders, with a median approval of $75,000, plus 13 504 approvals worth $3.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Charlevoix County?
113 housing units were authorized by permit in 2024, with a declared construction value of $28.7 m. Multifamily was 5.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Charlevoix 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 Charlevoix County come from?
The largest single origin is Emmet County, with 120 households. Arriving households report an average income of $167,687 against $100,190 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Charlevoix 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 Charlevoix 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.
Charlevoix County
Cities and places in Charlevoix.
11 Census places lie wholly or partly in Charlevoix County. All 11 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 |
|---|---|---|---|---|
| Boyne City | city | 3,825 | 18 | Wholly in this county |
| Charlevoix | city | 2,392 | 22 | Wholly in this county |
| East Jordan | city | 2,023 | 11 | Wholly in this county |
| Bay Shore | CDP | 697 | None recorded | 95.0 percent here, 5.0 percent Emmet County |
| Advance | CDP | 377 | None recorded | Wholly in this county |
| Horton Bay | CDP | 374 | None recorded | Wholly in this county |
| Boyne Falls | village | 361 | 7 | Wholly in this county |
| Walloon Lake | CDP | 294 | 1 | Wholly in this county |
| St. James | CDP | 269 | None recorded | Wholly in this county |
| Ironton | CDP | 173 | None recorded | Wholly in this county |
| Norwood | CDP | 126 | None recorded | Wholly in this county |
A further 4 of the county's 63 SBA 7(a) approvals are to borrowers in cities that match no Census place in Charlevoix County, the largest being Charleviox (2), Alanson (1), Jordan (1). 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