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.
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.
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%).
METRO DETROIT HOME PRICE
METRO CHICAGO HOME PRICE
MEDIAN NATIONAL HOME PRICE
MEDIAN HOUSEHOLD INCOME
(From 28.4% in 2008)
HEALTHCARE JOBS IN DETROIT
DETROIT AVG. HOME PRICE
(National Average $209,000)
DETROIT AVG. MONTHLY RENT
(National Average $1,462)
FORD INVESTMENT IN NEW MANUFACTURING PLANT
FORTUNE 500 COMPANIES LOCATED IN METRO DETROIT