Gogebic County, Michigan: commercial real estate data.
Gogebic County, Michigan had an estimated 14,217 residents on July 1, 2024, down 1.1 percent since the 2020 census base of 14,376, across 1,102 square miles. County output reached $648.6 m in 2024, 365 establishments operate here, and the SBA record carries 10 7(a) approvals worth $2.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Gogebic County
How many people live in Gogebic County
- Population, American Community Survey 2020-202414,319
- Households6,989
- Average household size2.05
- Median household income$52,732
- Median age51.2
- Median gross rent$623 per month
- Median owner-occupied home value$107,200
- Home value to household income2.0 times
- Annual rent as a share of median income14.2 percent
- Adults 25 and over with a bachelor degree or higher22.8 percent
- Adults 25 and over with a graduate degree7.9 percent
- Adults 25 and over11,204
- Population under 182,346
- Share under 1816.4 percent
- Population 65 and over4,203
- Share 65 and over29.4 percent
- Working age population, 18 to 647,770
- Civilian labor force6,514
- Unemployment rate6.5 percent
- Labor force participation, adults 18 and over54.4 percent
- Rank by population among Michigan counties69th of 83
- Rank by population among US county-equivalents, Puerto Rico included2198th of 3,222
Gogebic County is the 69th largest of 83 Michigan counties by population. A median home costs 2.0 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 29.4 percent against 16.4 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.
Gogebic County
Is Gogebic County's population growing?
- Population, July 1, 202414,217
- Census 2020 base population14,376
- Population change since the 2020 census base-1.11 percent
- Population change, 2023 to 2024-46
- Births, 202474
- Deaths, 2024222
- Natural change, 2024-148
- Net domestic migration, 202482
- Net international migration, 202420
- Total net migration, 2024102
- Cumulative net domestic migration, 2021 to 2024346
- Rank by growth among US county-equivalents2225th of 3,144
The county has lost 1.11 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Gogebic County
Where are people moving to Gogebic County from?
- Tax returns filed by households arriving351
- People arriving, from those returns589
- Tax returns filed by households leaving269
- Net household movement82
- Adjusted gross income arriving$22.6 m
- Net adjusted gross income movement$8.4 m
- Average income of an arriving household$64,274
- Average income of a leaving household$52,784
- Largest single originIron County (35 households)
- Largest single destinationIron County (35 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Iron County | 35 | 54 | $1.3 m |
| Vilas County | 23 | 39 | $2.3 m |
Households arriving report $11,490 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 Iron 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.
Gogebic County
What is the Gogebic County economy?
- County GDP, 2024$648.6 m
- County GDP, 2023$612.5 m
- GDP change, 2023 to 20245.9 percent
- GDP change over five years32.5 percent
- Rank by GDP among the Michigan areas BEA publishes69th of 83
- Rank by GDP among the US county areas BEA publishes2217th of 3,127
- GDP per resident$45,297
Output grew 5.9 percent in the latest year and 32.5 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.
Gogebic County
Employment by industry in Gogebic County
- Covered employment, annual average5,046
- Establishments reporting420
- Average annual pay$48,384
- Average weekly wage$930
- Retail trade, employment755
- Retail trade, average annual pay$29,866
- Manufacturing, employment611
- Manufacturing, average annual pay$48,359
- Accommodation and food services, employment560
- Accommodation and food services, average annual pay$38,658
- Other services, except public administration, employment254
- Other services, except public administration, average annual pay$102,098
- Construction, employment201
- Arts, entertainment and recreation, employment115
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 755 | 58 | $29,866 |
| Manufacturing | 611 | 24 | $48,359 |
| Accommodation and food services | 560 | 46 | $38,658 |
| Other services, except public administration | 254 | 31 | $102,098 |
| Construction | 201 | 44 | $56,510 |
| Arts, entertainment and recreation | 115 | 11 | $26,276 |
| Finance and insurance | 103 | 18 | $61,186 |
| Transportation and warehousing | 97 | 10 | $57,691 |
Retail trade is the largest private sector at 755 jobs, 15.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Gogebic County
How many businesses are in Gogebic County?
- Establishments, all industries365
- Employment at those establishments4,072
- Annual payroll$146.2 m
- Establishments per 1,000 residents25.5
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.
Gogebic County
Building permits in Gogebic County
- Housing units authorized by permit, 202430
- Declared construction value permitted$11.9 m
- Single family units authorized30
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$395,246
- Units authorized per 1,000 households4.3
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.
Gogebic County
SBA loans in Gogebic County (7(a) and 504)
- 7(a) approvals recorded10
- 7(a) gross approval dollars$2.0 m
- Average 7(a) approval$195,130
- Median 7(a) approval$131,000
- Largest single approval$560,000
- Jobs reported supported, 7(a)142
- Jobs per approval14.2
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals7
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer40.0 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter6
- Franchise loans1
- Franchise share of approvals10.0 percent
- Leading industry by approval countInsurance Agencies and Brokerages (3)
- Most active lenderZeal Credit Union (4)
- 504 approvals recorded1
- 504 gross approval dollars$179,000
- Average 504 approval$179,000
- Median 504 approval$179,000
- Distinct CDCs active1
- 504 jobs per approval0.0
- 504 jobs per million dollars approved0.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$2.1 m
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.
Gogebic County
SBA loan default and charge-off rates in Gogebic County
Do SBA loans in Gogebic County get paid back?
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Exempt from disclosure5
Only 5 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.
Gogebic County
SBA lending by place in Gogebic County
- Borrower cities with recorded lending2
- Ironwood, approvals9
- Wakefield, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Ironwood | 9 | $1,916,300 |
| Wakefield | 1 | $35,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gogebic County
How large is Gogebic County?
- Land area1,102 sq mi
- Rank by land area among Michigan counties7th of 83
- Width, east to west68 mi
- Height, north to south46.2 mi
- Geographies sharing a boundary4
- Residents per square mile of land13
- Establishments per square mile0.33
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.
Gogebic County
Flood risk in Gogebic County
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Gogebic County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Gogebic 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. 100.0 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 Gogebic 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 Gogebic County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202414,319
- Households6,989
- Average household size2.05
- Median household income$52,732
- Median age51.2
Common questions
Gogebic County questions, answered from the record.
How many people live in Gogebic County, Michigan?
The Census Bureau estimates 14,217 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 14,319, in 6,989 households, ranking 69th of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Gogebic County's population growing?
The population has fallen 1.11 percent since the 2020 census base of 14,376, to 14,217 on July 1, 2024. In 2024 there were 74 births against 222 deaths, with net migration of 102. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Gogebic County?
$52,732. The median owner-occupied home is valued at $107,200, which is 2.0 times income, and median gross rent is $623 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Gogebic County?
365 establishments, employing 4,072 people with an annual payroll of $146.2 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 Gogebic County?
Retail trade is the largest private sector at 755 jobs, 15.0 percent of covered employment. Covered employment averages 5,046 jobs at an average annual pay of $48,384, or $930 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Gogebic County?
10 7(a) approvals totaling $2.0 m since FY2020, across 6 lenders, with a median approval of $131,000, plus 1 504 approvals worth $179,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Gogebic County?
30 housing units were authorized by permit in 2024, with a declared construction value of $11.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Gogebic 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 Gogebic County come from?
The largest single origin is Iron County, with 35 households. Arriving households report an average income of $64,274 against $52,784 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Gogebic 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 Gogebic 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.
Gogebic County
Cities and places in Gogebic.
6 Census places lie wholly or partly in Gogebic County. All 6 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 |
|---|---|---|---|---|
| Ironwood | city | 4,997 | 9 | Wholly in this county |
| Bessemer | city | 1,733 | None recorded | Wholly in this county |
| Wakefield | city | 1,683 | 1 | Wholly in this county |
| Ramsay | CDP | 312 | None recorded | Wholly in this county |
| Watersmeet | CDP | 250 | None recorded | Wholly in this county |
| Marenisco | CDP | 223 | None recorded | Wholly in this county |
Nearby