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Shiawassee County, MI

RANK #125 / 996  ·  POP 68,124  ·  MI

PROJECTED GROWTH: +2.6%

Shiawassee County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Shiawassee County?

Shiawassee County, Michigan, distinguishes itself with Curwood Castle in Owosso, a unique landmark modeled after Norman chateaus and once home to adventure novelist James Oliver Curwood. Located in the heart of Michigan, the county is roughly halfway between Lansing and Flint. Its communities offer a relaxed pace of life, with the Shiawassee River, meaning "sparkling waters," winding through the area and providing opportunities for canoeing, kayaking, and fishing. The county also features over 200 acres of parkland for outdoor recreation.

Life in Shiawassee County often appeals to families and individuals seeking a balance between rural charm and access to larger cities. Commute options include personal vehicles, with I-69 running through the county, and a reservation-based public transportation system, SATA, serving residents. The county has eight public school districts, including New Lothrop Area Public Schools and Laingsburg Community Schools. Recent economic developments show investment in manufacturing and efforts to support local entrepreneurs. The Shiawassee Economic Development Partnership focuses on growing existing companies and attracting new businesses, with a particular emphasis on workforce and real estate development, including housing in downtown Owosso.

[02] Market Snapshot

Housing Ratio
5.6x

Above national median (4.7x)

GDP Growth
+0.3%

Well below national median

Home Prices
+4.6%

Outpacing national median

Climate & Terrain
-3.5

Harsh climate or flat terrain

Price/Rent
15x

Above national median (13x)

Housing is fairly valued at 5.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Shiawassee County U.S. National

The Numbers

DEMOGRAPHICS
Population
68,124
-0.12% YoY
Median Household Income
$62,498
Median Home Value
$151,900
+4.57% 12mo
Median Rent
$851
Average Annual Pay
$51,381
+2.5% YoY
Employment
15,541
+1.1% YoY
Income-to-Home-Value
0.4114
More affordable than average
Migration Inflow
3.42%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$175,000
Days on Market
37
Active market
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
95.8%
Negotiation room for buyers
Sold Above List
30.4%
Listings w/ Price Drops
20.0%
Building Permits (2024)
67
Single-Family Permits
65

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,285M
TOTAL
PROJECT AMOUNT STATUS
Assembly Solar Farm (Phases I, II, and III)
D. E. Shaw Renewable Investments (DESRI) and Ranger Power
$450M Completed
Carland Wind Project
Apex Clean Energy
$315M Proposed
CORNELL - LAYTON 138.0kV Wind Project
Undisclosed
$250M Planned
Bell Solar-plus-Storage Project
Arevon
$170M Planned
Apple Blossom Battery Energy Storage System (BESS)
Innergex Renewable Energy
$100M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +0.3% 10 percentile
Population Growth -0.1% 24 percentile
Income Growth +7.8% 31 percentile
Vacancy Rate 0.9% 61 percentile
Home Price Change +4.6% 87 percentile
Price/Rent 15x 36 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Shiawassee County, MI a good place to move to?

Shiawassee County has a Boom Town Index score of 88/100, ranking #125 among 996 U.S. counties. With job growth at +1.1% and a median household income of $62,498, it's an above-average county on economic indicators.

Is Shiawassee County affordable?

The median home value in Shiawassee County is $151,900 with median rent at $851/month. The income-to-home-value ratio is 0.4114, which is more affordable than the national average.

Is Shiawassee County growing or shrinking?

Population growth: -0.1% year-over-year. Job growth: +1.1%. Home values changed +4.6% in the past 12 months.

Are people moving to Shiawassee County?

Yes — 3.42% of Shiawassee County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

DeKalb County, IL 98 Rock County, WI 98 Peoria County, IL 98 Macon County, IL 98 Lafayette County, MS 98 Cape May County, NJ 98 Sheboygan County, WI 98 Reno County, KS 98