Michigan Economic Development Corporation
  • Industries
  • Services
  • Site Selection
  • Why Michigan
  • News

Thousands of Resources. Ready to help.

Advantages

  • COVID-19 Resources
  • Office of Future Mobility
  • Cost of Living Calculator
  • Success Stories

Popular

  • Survival Grant
  • COVID-19 Response
  • Michigan Stages Grant
  • Foreign Direct Investment
  • Michigan Strategic Fund (MSF)
Michigan Economic Development Corporation
  • Industries
  • Services
  • Site Selection
  • Why Michigan
  • News
  • About MEDC
  • Contact MEDC
  • Community
  • Michigan Strategic Fund
  • Freedom of Information Act
MEDC Project Map MEDC Project Map
Site Selection Site Selection
Pure Michigan Travel Pure Michigan Travel

Why Detroit

  • Transparency
  • Reports & Data
  • Success Stories

Why Detroit?

Detroit. A city where revolutionary ideas and businesses come to life. Rated as one of the top 10 cities for economic growth potential, Detroit has the talent, resources and international infrastructure to help new and existing businesses thrive. From innovative thinking to economic success, it all starts here in Detroit.

Top 10

Economic growth potential

Detroit's growth brings tourists. Its economy brings confidence.

133,000

Total engineers statewide

Michigan has the highest concentration of engineers in the nation.

3rd in U.S.

for cities attracting millennials

Detroit was named one of the best places to live for tech entrepreneurs.

Expand or relocate your business in Detroit

property.jpg

Find Available Buildings in Detroit

Find sizable vacant properties targeted toward larger business attraction projects. Each listing includes highly detailed site information in addition to community demographics and information.

shovel.jpg

Find Available Sites in Detroit

Use the Real Estate Database to find and compare available business sites and properties. Community demographics including population, labor force, housing data and more are also available.

contact-bdm.jpg

Contact a Business Development Manager

Use the MEDC Business Development Manager map to find your regional Business Development Manager for personalized service and support.

Let's Chat
Interested in doing business in Michigan? Call 888.522.0103

Connect Today

Cost of Doing Business in Michigan

Business are coming to Michigan and businesses are expanding their operations here because of a business friendly environment that the Tax Foundation ranks among the best in the nation.

6%

Corporate Income Tax

4.25%

Personal (flat) Income Tax

6%

Sales Tax (+ no local sales tax)

Cost of Living in Detroit

Michigan’s cost of living is 11% below the national average and ranks as the fourth most affordable state in the country.

washington-dc.png

Washington, DC

Living in Washington, DC is 36% more expensive than living in Detroit. In fact, Forbes rated Detroit as the No. 1 city in America where your paycheck will go the furthest. Detroit's entertainment scene is unmatched with four major professional sports teams, popular theaters and well-known cultural festivals.

chicago.png

Chicago

Living in Chicago is 16% more expensive than living in Detroit, and with everything from urban excitement to the great outdoors, Detroit provides the best of both worlds — including vibrant downtowns, shopping districts and plenty of year-round outdoor activities.

san-francisco.png

San Francisco

Living in San Francisco will cost you nearly 60% more when compared to living in Detroit. Not to mention Michigan is surrounded by four of the five Great Lakes, boasting more freshwater coastline than California, or any other state for that matter.

brookyln-ny.png

Brooklyn, NY

Living in Brooklyn is 52% more expensive compared to living in Detroit. Detroit also offers a lively downtown atmosphere with hundreds of restaurants, a new entertainment district and several world-class museums.

Supply Chain & Infrastructure

Michigan is within 500 miles of nearly half the U.S. and Canadian population and commerce centers providing unparalleled access to market.

$500 Million

in trade crosses between Michigan and Canada daily via the Ambassador Bridge, the busiest border crossing in North America.

20%

of the globe's freshwater surrounds Michigan, the Great Lakes state.

TOP 10

in the nation for road infrastructure with toll-free highways across the state.

18

commercial airports in Michigan, including Detroit Metropolitan, one of the largest U.S. air hubs.

500-miles.png

Sources: 

Why Detroit: 
1. Business Facilities 13th Annual Report
2. Bureau of Labor Statistics
3. Oregon Bureau of Economic Analysis

Cost of Doing Business: Tax Foundation
Cost of Living: Council for Community and Economic Research

Supply Chain: 
1. CBC News
2. Department of Environmental Equality
3. U.S. Department of Transportation
4. Official USA

  • About MEDC
  • Transparency
  • Public Notices & RFPs
  • Contact MEDC
  • Site Map
  • Terms and Conditions
Michigan Economic Development Corporation
Address
300 N. Washington Sq., Lansing, MI 48913
888.522.0103
© 2021 Michigan Economic Development Corporation