HomeMichiganSchoolcraft County
Schoolcraft County, Michigan: commercial real estate data.
Schoolcraft County, Michigan had an estimated 8,178 residents on July 1, 2024, up 1.6 percent since the 2020 census base of 8,050, across 1,171 square miles. County output reached $360.1 m in 2024, 214 establishments operate here, and the SBA record carries 2 7(a) approvals worth $1.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Schoolcraft County
How many people live in Schoolcraft County
- Population, American Community Survey 2020-20248,128
- Households3,890
- Average household size2.09
- Median household income$56,782
- Median age52.6
- Median gross rent$705 per month
- Median owner-occupied home value$141,800
- Home value to household income2.5 times
- Annual rent as a share of median income14.9 percent
- Adults 25 and over with a bachelor degree or higher21.1 percent
- Adults 25 and over with a graduate degree7.0 percent
- Adults 25 and over6,220
- Population under 181,437
- Share under 1817.7 percent
- Population 65 and over2,352
- Share 65 and over28.9 percent
- Working age population, 18 to 644,339
- Civilian labor force3,454
- Unemployment rate6.2 percent
- Labor force participation, adults 18 and over51.6 percent
- Rank by population among Michigan counties80th of 83
- Rank by population among US county-equivalents, Puerto Rico included2646th of 3,222
Schoolcraft County is the 80th largest of 83 Michigan counties by population. A median home costs 2.5 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 28.9 percent against 17.7 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.
Schoolcraft County
Is Schoolcraft County's population growing?
- Population, July 1, 20248,178
- Census 2020 base population8,050
- Population change since the 2020 census base1.59 percent
- Population change, 2023 to 202411
- Births, 202449
- Deaths, 2024117
- Natural change, 2024-68
- Net domestic migration, 202467
- Net international migration, 202411
- Total net migration, 202478
- Cumulative net domestic migration, 2021 to 2024347
- Rank by growth among US county-equivalents1307th of 3,144
The county has grown 1.59 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.
Schoolcraft County
Where are people moving to Schoolcraft County from?
- Tax returns filed by households arriving208
- People arriving, from those returns387
- Tax returns filed by households leaving144
- Net household movement64
- Adjusted gross income arriving$15.2 m
- Net adjusted gross income movement$7.0 m
- Average income of an arriving household$73,279
- Average income of a leaving household$57,063
- Largest single destinationDelta County (35 households)
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $16,216 more average income than households leaving, so the migration is raising local spending power rather than just moving it around.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Schoolcraft County
What is the Schoolcraft County economy?
- County GDP, 2024$360.1 m
- County GDP, 2023$345.0 m
- GDP change, 2023 to 20244.4 percent
- GDP change over five years26.2 percent
- Rank by GDP among the Michigan areas BEA publishes75th of 83
- Rank by GDP among the US county areas BEA publishes2607th of 3,127
- GDP per resident$44,308
Output grew 4.4 percent in the latest year and 26.2 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.
Schoolcraft County
Employment by industry in Schoolcraft County
- Covered employment, annual average2,702
- Establishments reporting233
- Average annual pay$49,979
- Average weekly wage$961
- Retail trade, employment318
- Retail trade, average annual pay$31,141
- Accommodation and food services, employment305
- Accommodation and food services, average annual pay$16,317
- Manufacturing, employment196
- Manufacturing, average annual pay$76,019
- Construction, employment151
- Construction, average annual pay$51,621
- Health care and social assistance, employment123
- Other services, except public administration, employment87
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 318 | 38 | $31,141 |
| Accommodation and food services | 305 | 33 | $16,317 |
| Manufacturing | 196 | 8 | $76,019 |
| Construction | 151 | 26 | $51,621 |
| Health care and social assistance | 123 | 12 | $51,958 |
| Other services, except public administration | 87 | 19 | $27,876 |
| Professional, scientific and technical services | 53 | 10 | $37,135 |
| Transportation and warehousing | 31 | 8 | $54,837 |
Retail trade is the largest private sector at 318 jobs, 11.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Schoolcraft County
How many businesses are in Schoolcraft County?
- Establishments, all industries214
- Employment at those establishments1,717
- Annual payroll$83.2 m
- Establishments per 1,000 residents26.3
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.
Schoolcraft County
Building permits in Schoolcraft County
- Housing units authorized by permit, 202414
- Declared construction value permitted$2.3 m
- Single family units authorized14
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$164,924
- Units authorized per 1,000 households3.6
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.
Schoolcraft County
SBA loans in Schoolcraft County (7(a) and 504)
- 7(a) approvals recorded2
- 7(a) gross approval dollars$1.3 m
- Average 7(a) approval$670,450
- Median 7(a) approval$670,450
- Largest single approval$1,137,000
- Jobs reported supported, 7(a)10
- Jobs per approval5.0
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term200 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
- 504 approvals recorded3
- 504 gross approval dollars$2.3 m
- Average 504 approval$774,333
- Median 504 approval$681,000
- Distinct CDCs active2
- 504 jobs per approval2.7
- 504 jobs per million dollars approved3.4
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$3.7 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.
Schoolcraft County
SBA loan default and charge-off rates in Schoolcraft County
Do SBA loans in Schoolcraft County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
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.
Schoolcraft County
SBA lending by place in Schoolcraft County
- Borrower cities with recorded lending2
- Germfask, approvals1
- Manistique, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Germfask | 1 | $1,137,000 |
| Manistique | 1 | $203,900 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Schoolcraft County
How large is Schoolcraft County?
- Land area1,171 sq mi
- Rank by land area among Michigan counties5th of 83
- Width, east to west36.1 mi
- Height, north to south51.7 mi
- Geographies sharing a boundary4
- Residents per square mile of land7
- Establishments per square mile0.18
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.
Schoolcraft County
Flood risk in Schoolcraft County
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP2
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Schoolcraft County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The EPA places Schoolcraft County in radon zone 3, a predicted average indoor radon screening level less than 2 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 Schoolcraft 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 Schoolcraft County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20248,128
- Households3,890
- Average household size2.09
- Median household income$56,782
- Median age52.6
Common questions
Schoolcraft County questions, answered from the record.
How many people live in Schoolcraft County, Michigan?
The Census Bureau estimates 8,178 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 8,128, in 3,890 households, ranking 80th of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Schoolcraft County's population growing?
The population has grown 1.59 percent since the 2020 census base of 8,050, to 8,178 on July 1, 2024. In 2024 there were 49 births against 117 deaths, with net migration of 78. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Schoolcraft County?
$56,782. The median owner-occupied home is valued at $141,800, which is 2.5 times income, and median gross rent is $705 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Schoolcraft County?
214 establishments, employing 1,717 people with an annual payroll of $83.2 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 Schoolcraft County?
Retail trade is the largest private sector at 318 jobs, 11.8 percent of covered employment. Covered employment averages 2,702 jobs at an average annual pay of $49,979, or $961 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Schoolcraft County?
2 7(a) approvals totaling $1.3 m since FY2020, across 2 lenders, with a median approval of $670,450, plus 3 504 approvals worth $2.3 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Schoolcraft County?
14 housing units were authorized by permit in 2024, with a declared construction value of $2.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Schoolcraft County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Are traffic counts available for Schoolcraft 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 Schoolcraft 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.
Schoolcraft County
Cities and places in Schoolcraft.
1 Census place lies wholly or partly in Schoolcraft County. It carries enough published place level data for a page of its own and is linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Manistique | city | 2,863 | 1 | Wholly in this county |
A further 1 of the county's 2 SBA 7(a) approvals are to borrowers in cities that match no Census place in Schoolcraft County, the largest being Germfask (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.
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