2023 State of the Region

MONTCALM COUNTY

Population in Montcalm County increased to more than 70,000 people in 2023, representing a 4.5% increase from the previous year. Population increased 4.5% from the previous year, while gross regional product grew nearly 20% during the same time. Montcalm County’s population is growing slightly older, with the median age increasing to 41.4 in 2022 from 40.8 in 2020. Cost of living in the county edged up marginally from 88.1 in 2022 to 88.2 in 2023. Approximately 60% of businesses interviewed by The Right Place said sales were increasing and they had plans to expand. Nearly 47% of companies noted recruitment challenges, on par with the 46% of companies saying the same in 2022.

NOTABLE STATISTICS

MONTCALM COUNTY TOP INDUSTRIES BY JOBS

Industry

Number of Jobs

Population 70,196 $1.7B 24% Labor Force* 29,052

Restaurants & Other Eating Places

1,784

Education & Hospitals (Local Government) General Medical & Surgical Hospitals Household Appliance Manufacturing

1,690 1,408

Gross Regional Product

1,244

State Government, Excluding Education & Hospitals

781

Associates Degree & Higher

Total

6,908

MONTCALM COUNTY TOTAL POPULATION (2013-2023)

Unemployment Rate* 4.5%

55,000 57,500 60,000 62,500 65,000 67,500 70,000 75,000 72,500

Median Age** 41.4

$61,967

Median Household Income**

Cost of Living Index 88.2

* Data as of Q3 2023 ** Data as of 2022

2013

2014

2015

2016

2017

2018

2019 2020 2021 2022

2023

STATE OF THE REGION 2023 | 30

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