WHY DETROIT?

JOBS

Healthcare Jobs

Healthcare Jobs

Health care continues to be the largest private-sector employer in the state, more than agriculture, auto manufacturing and education. Hospitals alone employ more than 234,000 people in Michigan.

  • Health care employs nearly 602,000, largest private-sector employer in Michigan
  • Direct and indirect employment up as much as a 26 percent from 2008
  • Job totals accounted for $67 billion in wages, salaries and benefits in 2018
3.8% UNEMPLOYMENT (From 28.4% in 2008)
3,666,351 HEALTHCARE
JOBS IN DETROIT
Technology Jobs

Technology Jobs

Michigan’s tech industry expanded by an estimated 13,161 jobs in 2017, and contributed about $34.7 billion to the state’s economy. Michigan ranks ninth out of the 50 states and District of Columbia in net tech employment. The state’s 404,300 tech workers account for 8.7 percent of the state’s total workforce.

Fortune 500 Companies
11 FORTUNE 500
COMPANIES
LOCATED IN
METRO DETROIT
Ford
$1 BILLION FORD INVESTMENT
IN NEW MANUFACTURING
PLANT

Home Appreciation

97% of homes in Detroit had 40% or more home appreciation in the last five years. Detroit ranks number one in price jumps in North American cities. Even higher than San Francisco (69%), Vancouver (68%) abd Toronto (59%).

MEDIUM HOME PRICES ARE LOWER IN THE METRO DETROIT AREA THAN IN NEARBY CITIES

$190,000 
METRO DETROIT HOME PRICE

Versus

$252,000 
METRO CHICAGO HOME PRICE

$320,000 
MEDIAN NATIONAL HOME PRICE

Detroit Property Managers

Opportunity DETROIT

Charts

Economic Snapshot

Population

4.3M
METRO POPULATION

Median Household Income

75K
MEDIAN HOUSEHOLD INCOME

Unemployment

3.8%
UNEMPLOYMENT
(From 28.4% in 2008)

Healthcare Jobs

3,666,351
HEALTHCARE JOBS IN DETROIT

Average Home Price

$87,000
DETROIT AVG. HOME PRICE
(National Average $209,000)

Average Monthly Rent

$1000
DETROIT AVG. MONTHLY RENT
(National Average $1,462)

Ford Manufacturing

$1 BILLION
FORD INVESTMENT IN NEW MANUFACTURING PLANT

Fortune 500

11
FORTUNE 500 COMPANIES LOCATED IN METRO DETROIT