NEWAYGO COUNTY
Newyago County’s population grew 1.3% over the previous year. Median household income also increased to $54,235 in 2022 compared to $51,470 in 2020, while cost of living relative to the national average edged down from 89.7 in 2022 to 89.3 in 2023. Half of the companies in Newaygo County interviewed by The Right Place cited increasing sales trends, while 35% said they had plans to expand their business. In 2022, 69% of companies noted increasing sales and 73% planned to expand. Talent development is the second most cited barrier to growth among companies in Newaygo county, with 35% of companies interviewed saying they’re experiencing recruitment challenges.
NOTABLE STATISTICS
NEWAYGO COUNTY TOP INDUSTRIES BY JOBS
Industry
Number of Jobs
Population 51,323 $1.5B 29% Labor Force* 24,250
Education & Hospitals (Local Government) Warehouse Clubs, Supercenters, & Other General Merchandise Retailers
1,134
727
Gross Regional Product
Local Government, Excluding Education & Hospitals
697
General Medical & Surgical Hospitals
654
Associates Degree & Higher
Restaurants & Other Eating Places
451
Total
3,662
NEWAYGO COUNTY TOTAL POPULATION (2013-2023)
Unemployment Rate* 4.4%
35,000 37,500 40,000 42,500 45,000 47,500 50,000 52,500 55,000
Median Age** 42.5
$54,235
Median Household Income**
Cost of Living Index 89.3
* 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 | 32
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