Lapeer County, Michigan: commercial real estate data.
Lapeer County, Michigan had an estimated 89,168 residents on July 1, 2024, up 0.6 percent since the 2020 census base of 88,622, across 643 square miles. County output reached $3.26 bn in 2024, 1,771 establishments operate here, and the SBA record carries 94 7(a) approvals worth $30.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lapeer County
How many people live in Lapeer County
- Population, American Community Survey 2020-202488,837
- Households34,836
- Average household size2.55
- Median household income$77,306
- Median age44.7
- Median gross rent$988 per month
- Median owner-occupied home value$239,000
- Home value to household income3.1 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher20.4 percent
- Adults 25 and over with a graduate degree6.6 percent
- Adults 25 and over64,531
- Population under 1817,667
- Share under 1819.9 percent
- Population 65 and over17,916
- Share 65 and over20.2 percent
- Working age population, 18 to 6453,254
- Civilian labor force43,619
- Unemployment rate5.1 percent
- Labor force participation, adults 18 and over61.3 percent
- Rank by population among Michigan counties23rd of 83
- Rank by population among US county-equivalents, Puerto Rico included675th of 3,222
Lapeer County is the 23rd largest of 83 Michigan counties by population. A median home costs 3.1 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 20.2 percent against 19.9 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.
Lapeer County
Is Lapeer County's population growing?
- Population, July 1, 202489,168
- Census 2020 base population88,622
- Population change since the 2020 census base0.62 percent
- Population change, 2023 to 2024108
- Births, 2024765
- Deaths, 20241,070
- Natural change, 2024-305
- Net domestic migration, 2024343
- Net international migration, 202477
- Total net migration, 2024420
- Cumulative net domestic migration, 2021 to 20241,586
- Rank by growth among US county-equivalents1611th of 3,144
The county has grown 0.62 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.
Lapeer County
Where are people moving to Lapeer County from?
- Tax returns filed by households arriving2,437
- People arriving, from those returns4,364
- Tax returns filed by households leaving2,168
- Net household movement269
- Adjusted gross income arriving$155.7 m
- Net adjusted gross income movement$-13.8 m
- Average income of an arriving household$63,881
- Average income of a leaving household$78,150
- Largest single originOakland County (520 households)
- Largest single destinationGenesee County (469 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Oakland County | 520 | 942 | $41.7 m |
| Macomb County | 502 | 960 | $36.8 m |
| Genesee County | 432 | 757 | $23.9 m |
| St. Clair County | 129 | 226 | $5.6 m |
| Tuscola County | 87 | 143 | $3.5 m |
| Sanilac County | 83 | 173 | $4.3 m |
| Wayne County | 61 | 93 | $3.4 m |
| Saginaw County | 22 | 36 | $619,000 |
Households arriving report $14,269 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Oakland 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.
Lapeer County
What is the Lapeer County economy?
- County GDP, 2024$3.26 bn
- County GDP, 2023$3.14 bn
- GDP change, 2023 to 20243.6 percent
- GDP change over five years35.7 percent
- Rank by GDP among the Michigan areas BEA publishes27th of 83
- Rank by GDP among the US county areas BEA publishes926th of 3,127
- GDP per resident$36,672
Output grew 3.6 percent in the latest year and 35.7 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.
Lapeer County
Employment by industry in Lapeer County
- Covered employment, annual average21,986
- Establishments reporting1,724
- Average annual pay$51,778
- Average weekly wage$996
- Manufacturing, employment4,738
- Manufacturing, average annual pay$59,165
- Retail trade, employment2,958
- Retail trade, average annual pay$36,455
- Accommodation and food services, employment2,121
- Accommodation and food services, average annual pay$21,115
- Health care and social assistance, employment1,895
- Health care and social assistance, average annual pay$48,118
- Construction, employment1,273
- Administrative and support and waste management services, employment1,113
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 4,738 | 126 | $59,165 |
| Retail trade | 2,958 | 222 | $36,455 |
| Accommodation and food services | 2,121 | 129 | $21,115 |
| Health care and social assistance | 1,895 | 158 | $48,118 |
| Construction | 1,273 | 242 | $72,080 |
| Administrative and support and waste management services | 1,113 | 140 | $47,736 |
| Other services, except public administration | 753 | 144 | $42,459 |
| Professional, scientific and technical services | 524 | 122 | $65,380 |
Manufacturing is the largest private sector at 4,738 jobs, 21.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lapeer County
How many businesses are in Lapeer County?
- Establishments, all industries1,771
- Employment at those establishments20,902
- Annual payroll$902.7 m
- Establishments per 1,000 residents19.9
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.
Lapeer County
Building permits in Lapeer County
- Housing units authorized by permit, 2024149
- Declared construction value permitted$51.1 m
- Single family units authorized149
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$342,980
- 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.
Lapeer County
SBA loans in Lapeer County (7(a) and 504)
- 7(a) approvals recorded94
- 7(a) gross approval dollars$30.5 m
- Average 7(a) approval$324,244
- Median 7(a) approval$150,000
- 10th percentile approval$30,300
- 90th percentile approval$844,750
- Largest single approval$2,900,000
- Jobs reported supported, 7(a)806
- Jobs per approval8.6
- Distinct 7(a) lenders active26
- Distinct industries receiving approvals51
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer13.8 percent
- Loans on real estate terms13
- Loans on working capital terms, 120 months or shorter75
- Franchise loans10
- Franchise share of approvals10.6 percent
- Most active lenderThe Huntington National Bank (37)
- 504 approvals recorded34
- 504 gross approval dollars$13.2 m
- Average 504 approval$389,676
- Median 504 approval$323,500
- Distinct CDCs active4
- 504 jobs per approval7.9
- 504 jobs per million dollars approved20.2
- Most active CDCMichigan Certified Development Corporation (30)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$43.7 m
The average approval of $324,244 sits well above the median of $150,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 13.8 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.
Lapeer County
SBA loan default and charge-off rates in Lapeer County
Do SBA loans in Lapeer County get paid back?
- Loans with a final outcome recorded16
- Paid in full15
- Charged off1
- Status: Paid in full15
- Status: Exempt from disclosure58
- Status: Cancelled12
- Status: Charged off1
- Status: Committed, not yet disbursed8
Only 16 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.
Lapeer County
SBA lending by place in Lapeer County
- Borrower cities with recorded lending12
- Lapeer, approvals41
- Imlay City, approvals17
- Metamora, approvals16
- Almont, approvals5
- Attica, approvals4
- Dryden, approvals4
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Lapeer | 41 | $16,351,200 |
| Imlay City | 17 | $5,720,300 |
| Metamora | 16 | $3,233,700 |
| Almont | 5 | $453,800 |
| Attica | 4 | $714,600 |
| Dryden | 4 | $327,300 |
| North Branch | 2 | $2,733,000 |
| Grosse Pointe Woods | 1 | $319,000 |
| 4 other borrower cities | 4 | $626,000 |
Lapeer accounts for 41 approvals against 17 in Imlay 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.
Lapeer County
How large is Lapeer County?
- Land area643 sq mi
- Rank by land area among Michigan counties32nd of 83
- Width, east to west24.1 mi
- Height, north to south30.8 mi
- Geographies sharing a boundary6
- Residents per square mile of land138
- Establishments per square mile2.75
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.
Lapeer County
Flood risk in Lapeer County
- Communities in the county in the NFIP Community Status Book28
- Of those, participating in the NFIP26
- NFIP participation rate92.9 percent
- Communities carrying a CRS class0
- Radon levels in Lapeer County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Lapeer 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. 92.9 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 Lapeer 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 Lapeer County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202488,837
- Households34,836
- Average household size2.55
- Median household income$77,306
- Median age44.7
Common questions
Lapeer County questions, answered from the record.
How many people live in Lapeer County, Michigan?
The Census Bureau estimates 89,168 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 88,837, in 34,836 households, ranking 23rd of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lapeer County's population growing?
The population has grown 0.62 percent since the 2020 census base of 88,622, to 89,168 on July 1, 2024. In 2024 there were 765 births against 1,070 deaths, with net migration of 420. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lapeer County?
$77,306. The median owner-occupied home is valued at $239,000, which is 3.1 times income, and median gross rent is $988 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Lapeer County?
1,771 establishments, employing 20,902 people with an annual payroll of $902.7 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 Lapeer County?
Manufacturing is the largest private sector at 4,738 jobs, 21.6 percent of covered employment. Covered employment averages 21,986 jobs at an average annual pay of $51,778, or $996 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lapeer County?
94 7(a) approvals totaling $30.5 m since FY2020, across 26 lenders, with a median approval of $150,000, plus 34 504 approvals worth $13.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Lapeer County?
149 housing units were authorized by permit in 2024, with a declared construction value of $51.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lapeer 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 Lapeer County come from?
The largest single origin is Oakland County, with 520 households. Arriving households report an average income of $63,881 against $78,150 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Lapeer 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 Lapeer 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.
Lapeer County
Cities and places in Lapeer.
13 Census places lie wholly or partly in Lapeer County. All 13 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 |
|---|---|---|---|---|
| Lapeer | city | 9,082 | 41 | Wholly in this county |
| Imlay City | city | 3,721 | 17 | Wholly in this county |
| Almont | village | 2,838 | 5 | Wholly in this county |
| Dryden | village | 1,182 | 4 | Wholly in this county |
| North Branch | village | 1,166 | 2 | Wholly in this county |
| Brown City | city | 1,139 | None recorded | 4.1 percent here, 95.9 percent Sanilac County |
| Barnes Lake | CDP | 952 | None recorded | Wholly in this county |
| Columbiaville | village | 754 | 1 | Wholly in this county |
| Metamora | village | 693 | 16 | Wholly in this county |
| Attica | CDP | 627 | 4 | Wholly in this county |
| Millers Lake | CDP | 554 | None recorded | Wholly in this county |
| Otter Lake | village | 379 | None recorded | 56.4 percent here, 43.6 percent Genesee County |
| Clifford | village | 277 | None recorded | Wholly in this county |
A further 4 of the county's 94 SBA 7(a) approvals are to borrowers in cities that match no Census place in Lapeer County, the largest being Grosse Pointe Woods (1), Goodrich (1), Jenison (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