HomeMichiganSchoolcraft County
Schoolcraft County, Michigan: commercial real estate data.
Schoolcraft County, Michigan has a population of 8,128 across 1,171 square miles, up 1.6 percent since the 2020 census base. 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.
119 sourced county values · tier FULL · 12 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Schoolcraft County
How many people live in Schoolcraft County
- Population8,128
- 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-equivalents2646th
Schoolcraft County is the 80th largest of 83 Michigan counties by population. A median home costs 2.5 times median household income, which is an affordable ownership market 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 storey 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 change since the 2020 census base1.59 percent
- Census 2020 base population8,050
- 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
The county has grown 1.59 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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
- Adjusted gross income arriving$15.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$73,279
- Largest single originSchoolcraft County Non-migrants (3,296 households)
- Largest single destination (3,296 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Schoolcraft County Non-migrants | 3,296 | 6,283 | $204.6 m |
| Other flows - Same State | 136 | 246 | $9.6 m |
| Other flows - Different State | 72 | 141 | $5.6 m |
| Other flows - Midwest | 31 | 56 | $2.5 m |
| Other flows - South | 21 | 44 | $1.2 m |
| Other flows - West | 20 | 41 | $1.9 m |
The largest single source of arrivals is Schoolcraft County Non-migrants, 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.
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 Michigan counties75th
- Rank by GDP among US county-equivalents2607th
- 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
Largest employers in Schoolcraft County
- Covered employment, annual average2,702
- Establishments reporting233
- Average annual pay$49,979
- Average weekly wage$961
- Sector 44-45, employment318
- Sector 44-45, average annual pay$31,141
- Sector 72, employment305
- Sector 72, average annual pay$16,317
- Sector 31-33, employment196
- Sector 31-33, average annual pay$76,019
- Sector 23, employment151
- Sector 23, average annual pay$51,621
- Sector 62, employment123
- Sector 81, employment87
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 318 | 38 | $31,141 |
| Sector 72 | 305 | 33 | $16,317 |
| Sector 31-33 | 196 | 8 | $76,019 |
| Sector 23 | 151 | 26 | $51,621 |
| Sector 62 | 123 | 12 | $51,958 |
| Sector 81 | 87 | 19 | $27,876 |
| Sector 54 | 53 | 10 | $37,135 |
| Sector 48-49 | 31 | 8 | $54,837 |
The largest sector is the biggest private employer group at 318 jobs, 11.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
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.
US Census Bureau, County Business Patterns, 2023.
Schoolcraft County
Building permits in Schoolcraft County
- Housing units authorised by permit, 202414
- Declared construction value permitted$2.3 m
- Single family units authorised14
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$164,924
- Units authorised per 1,000 households3.6
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
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$1,137,000
- 10th percentile approval$203,900
- 90th percentile approval$1,137,000
- 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) term306 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
- Leading industry by approval countRV (Recreational Vehicle) Parks and Campgrounds (1)
- Most active lenderAmeris Bank (1)
- 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
- Most active CDCMichigan Certified Development Corporation (2)
- 7(a) share of SBA approvals40.0 percent
- Combined SBA approval dollars$3.7 m
The average approval of $670,450 sits close to the median of $1,137,000, so lending here is fairly evenly sized rather than driven by a few large deals. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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
Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
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
- Places in the county with recorded lending2
- GERMFASK, approvals1
- Manistique, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| GERMFASK | 1 | $1,137,000 |
| Manistique | 1 | $203,900 |
GERMFASK accounts for 1 approvals against 1 in Manistique. 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.
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 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 FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population8,128
- 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?
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. 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 the average wage in Schoolcraft County?
Average annual pay is $49,979, or $961 a week, across 2,702 covered jobs. 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 totalling $1.3 m since FY2020, across 2 lenders, with a median approval of $1,137,000, plus 3 504 approvals worth $2.3 m. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Schoolcraft County?
14 housing units were authorised 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.
Where do people moving to Schoolcraft County come from?
The largest single origin is Schoolcraft County Non-migrants, with 3,296 households. Arriving households report an average income of $73,279 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.
Schoolcraft County
Cities and places in Schoolcraft.
1 Census places lie wholly or partly in Schoolcraft County. 1 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA approvals | Lies in |
|---|---|---|---|---|
| Manistique | city | 2,863 | 1 | Wholly in this county |
A further 3 SBA approvals in Schoolcraft County are recorded against borrower cities that match no Census place, the largest being Germfask, Denver. Those are postal cities and unincorporated areas rather than incorporated places, so no page claims them, and their lending is counted in this county's totals above rather than under any city.