Michigan
“The Great Lakes State”
What Makes Michigan Beautiful
Michigan is defined by water, surrounded by four of the five Great Lakes with more freshwater coastline than any other state. Sleeping Bear Dunes rise dramatically above Lake Michigan, Pictured Rocks display multicolored sandstone cliffs along Superior, and the Upper Peninsula harbors vast forests and thundering waterfalls.
Key Metrics
10M
Population
$618.4B
GDP
+4.2%
GDP Growth (5yr)
$67.0K
Median Income
9%
Tax Burden
History
Antoine de la Mothe Cadillac founds Fort Pontchartrain du Detroit
Admitted as the 26th state
Henry Ford establishes Ford Motor Company in Dearborn
United Auto Workers union founded in Detroit
Motown Records founded by Berry Gordy in Detroit
Top Cities
Detroit
620K
Motor City; Motown music; automotive capital
Grand Rapids
200K
Furniture City; craft beer scene; growing tech
Warren
139K
Major suburb; General Motors Technical Center
Sterling Heights
134K
Defense and automotive manufacturing hub
Lansing
113K
State capital; Michigan State University
Economy & Industry
Core Industries
Natural Resources
Energy Portfolio
Budget & Fiscal Health
$76.2B
State Budget
$73.8B
State Revenue
$-2.4B
Fiscal Balance
Social Indicators
13%
Poverty Rate
30.7%
College Degree
5.2%
Uninsured
408/100K
Crime Rate
Where is Michigan Headed?
GDP Projections ($B)
| Scenario | 1yr | 5yr | 10yr | 25yr | 50yr |
|---|---|---|---|---|---|
| Optimistic | $625B | $653B | $689B | $811B | $1064B |
| Baseline | $624B | $645B | $672B | $762B | $940B |
| Pessimistic | $622B | $634B | $650B | $701B | $795B |
Political Landscape
D+1