ExecutivePulse
Official Federal Data

Newaygo County, Michigan

FIPS 26123 · Population 50,792
9 Sources Updated June 22, 2026
$63,304
Median Income
$80,734 national
5.7%
Unemployment
4% national
$2.1B
GDP
18.1%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$63,304
Per Capita
$31,564
Mean Household
$79,003
Poverty Rate
12.8%
Median Income Comparison
Newaygo County$63,304
Michigan$72,875
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 20.7% (10,512 residents) 55-64: 15.5% (7,864 residents) 35-54: 22.9% (11,632 residents) 18-34: 19% (9,672 residents) Under 18: 21.9% (11,112 residents) 43 Median Age
Cohorts
Under 18 · 21.9%
18-34 · 19%
35-54 · 22.9%
55-64 · 15.5%
65+ · 20.7%
Race & Ethnicity
White88.4%
Black or African American0.8%
Asian0.4%
Hispanic or Latino(any race)6.3%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
89.4%
High School+
National: 89.6%
▼ 0.2 pts
18.1%
Bachelor's+
National: 35.7%
▼ 17.6 pts
5.8%
Graduate+
National: 14.1%
▼ 8.3 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
50,792
Population
22,874
Labor Force
Employed
21,872
Unemployment Rate BLS LAUS 2025 annual
5.7% ▲ +0.6 pts YoY
Mean Commute 4 min above national avg
30.6 min
Work From Home vs 15.1% national
8.2%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 17.6 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 43 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$2.1B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Newaygo County, Michigan, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Manufacturing
1,962 25.6%
$66,909
2Retail Trade
1,740 22.7%
$33,006
3Health Care and Social Assistance
1,436 18.7%
$41,855
4Finance and Insurance
599 7.8%
$78,704
5Construction
582 7.6%
$58,364
6Other Services (except Public Administration)
558 7.3%
$40,040
7Agriculture, Forestry, Fishing and Hunting
487 6.3%
$43,780
8Transportation and Warehousing
183 2.4%
$51,095
9Educational Services
90 1.2%
$27,669
10Real Estate and Rental and Leasing
37 0.5%
$39,733
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Key Takeaways
  • Largest sector: Manufacturing employs 1,962 workers (25.6% of tracked sectors), at an average wage of $66,909.
  • Economic scale: Regional GDP of $2.1B (2024).
  • Wage stratification: Finance and Insurance averages $78,704 while Educational Services averages $27,669, a 2.8x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Animal Production and Aquaculture
11.69x
239
Crop Production
4.89x
196
Gasoline Stations and Fuel Dealers
4.46x
354
Forestry and Logging
4.04x
14
Religious, Grantmaking, Civic, Professional Orgs
3.11x
337
General Merchandise Retailers
2.63x
645
Insurance Carriers and Related Activities
2.31x
455
Machinery Manufacturing
2.01x
166
1.77x
3,031
Building Material and Garden Supply Retailers
1.59x
165

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Goods-Producing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
3,031
Cluster Employment
1.77x
Peak LQ
Concentrated Sub-Sectors
Animal Production and Aquaculture
11.69x 239
Crop Production
4.89x 196
Gasoline Stations and Fuel Dealers
4.46x 354
Forestry and Logging
4.04x 14
Religious, Grantmaking, Civic, Professional Orgs
3.11x 337
General Merchandise Retailers
2.63x 645
Insurance Carriers and Related Activities
2.31x 455
Machinery Manufacturing
2.01x 166
1.77x 3,031
Building Material and Garden Supply Retailers
1.59x 165

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.23x
Merchant Wholesalers, Durable Goods
59 employed
0.37x
Educational Services
90 employed
0.45x
Merchant Wholesalers, Nondurable Goods
75 employed
Key Takeaways
  • Top specialization: Animal Production and Aquaculture concentrates at 11.69x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Newaygo County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$186,700
Median Home Value vs 2019
$904
Rent/Mo
86.5%
Owner-Occ
21.2%
Vacancy
2.9x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$691/mo
1 Bedroom
$744/mo
2 Bedroom
$976/mo
3 Bedroom
$1,294/mo
4 Bedroom
$1,298/mo
30% of monthly median household income (~$1,583/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 2.9x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • High home ownership: 86.5% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 21.2% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,583/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
29,168
Working Age (18-64) vs 2019
Mean Commute 4 min above national avg
30.6 min
Work From Home vs 15.1% national
8.2%
Prime-Age Employed (25-54)
76.4%
of prime-age population
Labor force participation rate: 57.6% of working-age population (18-64) 58% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
18.1%
HS Diploma+
89.4%
Regional / Statewide Institutions
Total credentials awarded
52,294/yr
University of Michigan-Ann Arbor 15,687/yr
Michigan State University 13,090/yr
Wayne State University 7,003/yr
Grand Valley State University 6,722/yr
Western Michigan University 5,086/yr
Oakland University 4,706/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
27%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
27.1%
Service
14.6%
Sales & Office
19.6%
Construction / Maint.
14%
Production / Transport
24.7%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 21,872 employed workers.
Key Takeaways
  • Succession risk is real: 27% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 57.6% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 35,780 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Newaygo County shows strong potential for animal production and aquaculture attraction, with a 11.69x concentration and 239 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 27% of the working-age population within 10 years of retirement age.

The interconnected base across animal production and aquaculture, crop production, and gasoline stations and fuel dealers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Newaygo County, Michigan, from federal data sources.

What is the population of Newaygo County, Michigan?

50,792 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Newaygo County, Michigan?

$63,304 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Newaygo County, Michigan?

5.7% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Newaygo County, Michigan?

$2.1B (U.S. Bureau of Economic Analysis, CAGDP1).