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Presque Isle County, Michigan: commercial real estate data.

Presque Isle County, Michigan had an estimated 13,230 residents on July 1, 2024, up 1.9 percent since the 2020 census base of 12,982, across 659 square miles. County output reached $482.1 m in 2024, 317 establishments operate here, and the SBA record carries 4 7(a) approvals worth $992,300 since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Presque Isle County

How many people live in Presque Isle County

  • Population, American Community Survey 2020-202413,209
  • 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-equivalents, Puerto Rico included2274th of 3,222

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 affordable 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 story product rather than schools.

US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Presque Isle County

Is Presque Isle County's population growing?

  • Population, July 1, 202413,230
  • Census 2020 base population12,982
  • Population change since the 2020 census base1.91 percent
  • Population change, 2023 to 2024-48
  • 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 of 3,144

The county has grown 1.91 percent 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.

Presque Isle County

Where are people moving to Presque Isle County from?

  • Tax returns filed by households arriving368
  • People arriving, from those returns663
  • Tax returns filed by households leaving306
  • Net household movement62
  • Adjusted gross income arriving$25.1 m
  • Net adjusted gross income movement$-954,000
  • Average income of an arriving household$68,122
  • Average income of a leaving household$85,042
  • Largest single originAlpena County (70 households)
  • Largest single destinationAlpena County (57 households)
Largest origins of households moving into Presque Isle County
OriginHouseholdsPeopleAdjusted gross income
Alpena County70115$4.7 m
Cheboygan County3477$1.9 m
Oakland County2242$1.9 m

Households arriving report $16,920 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Alpena 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.

Presque Isle County

What is the Presque Isle County economy?

  • 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 the Michigan areas BEA publishes72nd of 83
  • Rank by GDP among the US county areas BEA publishes2425th of 3,127
  • 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

Employment by industry in Presque Isle County

  • Covered employment, annual average2,595
  • Establishments reporting347
  • Average annual pay$47,344
  • Average weekly wage$910
  • Retail trade, employment376
  • Retail trade, average annual pay$29,806
  • Manufacturing, employment122
  • Manufacturing, average annual pay$40,582
  • Construction, employment105
  • Construction, average annual pay$43,883
  • Finance and insurance, employment98
  • Finance and insurance, average annual pay$58,685
  • Other services, except public administration, employment95
  • Administrative and support and waste management services, employment91
Private sector employment and pay by industry, Presque Isle County
SectorEmploymentEstablishmentsAverage annual pay
Retail trade37651$29,806
Manufacturing12215$40,582
Construction10542$43,883
Finance and insurance9816$58,685
Other services, except public administration9536$26,418
Administrative and support and waste management services9120$21,999
Professional, scientific and technical services3214$42,423
Information265$61,126

Retail trade is the largest private sector at 376 jobs, 14.5 percent of covered employment.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Presque Isle County

How many businesses are 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. 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.

Presque Isle County

Building permits in Presque Isle County

  • Housing units authorized by permit, 202446
  • Declared construction value permitted$11.2 m
  • Single family units authorized46
  • Multifamily units authorized0
  • Multifamily share of units0.0 percent
  • Average declared value per unit$243,893
  • Units authorized per 1,000 households6.9

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.

Presque Isle County

SBA loans in Presque Isle County (7(a) and 504)

  • 7(a) approvals recorded4
  • 7(a) gross approval dollars$992,300
  • Average 7(a) approval$248,075
  • Median 7(a) approval$214,850
  • 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) term162 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

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Presque Isle County

SBA loan default and charge-off rates in 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

Only 2 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.

Presque Isle County

SBA lending by place in Presque Isle County

  • Borrower cities with recorded lending2
  • Onaway, approvals3
  • Presque Isle, approvals1
SBA 7(a) approvals by borrower city, loans with a project in Presque Isle County, FY2020 to FY2026
Borrower cityApprovalsGross approval dollars
Onaway3$982,300
Presque Isle1$10,000

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Presque Isle County

How large 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
  • Radon levels in Presque Isle County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2

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. 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 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.

  • Population, American Community Survey 2020-202413,209
  • Households6,655
  • Average household size1.98
  • Median household income$59,321
  • Median age56.1

How a feasibility study works →

Common questions

Presque Isle County questions, answered from the record.

How many people live in Presque Isle County, Michigan?

The Census Bureau estimates 13,230 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?

The population has grown 1.91 percent since the 2020 census base of 12,982, to 13,230 on July 1, 2024. 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 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 employment by industry in Presque Isle County?

Retail trade is the largest private sector at 376 jobs, 14.5 percent of covered employment. Covered employment averages 2,595 jobs at an average annual pay of $47,344, or $910 a week. 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 totaling $992,300 since FY2020, across 3 lenders, with a median approval of $214,850. These are approvals recorded in the release, not loans disbursed.

How many building permits were issued in Presque Isle County?

46 housing units were authorized 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 Alpena County, with 70 households. Arriving households report an average income of $68,122 against $85,042 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?

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.

Presque Isle County

Cities and places in Presque Isle.

5 Census places lie wholly or partly in Presque Isle County. All 5 carry enough published place level data for a page of their own and are linked.

Census places in Presque Isle County, by population, with SBA 7(a) approvals to borrowers in each place for projects in Presque Isle County
PlaceTypePopulationSBA 7(a) approvals, projects in this countyLies in
Rogers Citycity2,878None recordedWholly in this county
Presque Isle HarborCDP906None recordedWholly in this county
Onawaycity6743Wholly in this county
Posenvillage345None recordedWholly in this county
Millersburgvillage137None recordedWholly in this county

A further 1 of the county's 4 SBA 7(a) approvals are to borrowers in cities that match no Census place in Presque Isle County, the largest being Presque Isle (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.