Economy & Jobs — Lake County, Michigan

Employment

Total Establishments163
Total Employees1,417
Avg Annual Employment1,721
Avg Annual Pay$39,827
Total Annual Wages$68,542,049
Annual Payroll (thousands)$53,759
Unemployment Rate7.5%

Income

Median Household Income$45,946
Poverty Rate20.3%
IRS Returns5,040
Total AGI (thousands)$250,800
Average AGI per Return$49,762

Federal Spending

Total FY2024$115,098,786
Per Capita$9,515
Population Basis12,096

Agriculture

Total Farms33
Land in Farms (acres)14,555
Avg Farm Size (acres)441
Year2,022

Dining & Food Establishments

Full-service Restaurants12
Fast Food3
BarsN/A
Coffee & SnacksN/A

Data provenance: aggregated from town-level sources, county.json. Rebuilt 2026-04-13T15:43:28.549370+00:00; aggregated 2026-04-13T16:08:23.744552+00:00.