Why Michigan?
Businesses are choosing Michigan for our diverse and abundant workforce, business-friendly environment, low cost of living and global supply chain assets. Add that to the state's available business resources and our eagerness to get to work, and you have a recipe for success.
Explore this section and find out why Michigan is the right choice for your business.
130,000+
Total engineers statewide
Michigan has the highest concentration of engineers in the nation.
250,000
Skilled trades workers
Michigan ranks in the top 10 for its number of workers in the skilled trades.
Pure Michigan Means Pure Opportunity
Big changes are taking place in the world and once again Michigan is at the forefront. Business leaders explain why the next great revolution is happening in Michigan. Get here or get left behind.
Michigan's Cost of Living
Michigan’s cost of living is 10% below the national average and ranks as the fourth most affordable state in the country.
Washington, DC
Living in Washington, DC is 42% 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. In addition, Detroit's entertainment scene is unmatched with year-round festivals, four major professional sports teams and a number of top-rated museums.
Chicago
Living in Chicago is 17.3% more expensive than living in Detroit, and with everything from urban excitement to the great outdoors, Michigan provides the best of both worlds — including vibrant downtowns, shopping districts and the most public golf courses in the country.
San Francisco
Living in San Francisco will cost you 62% 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.
Brooklyn, NY
Living in Brooklyn is 53% more expensive compared to living in Detroit. Michigan is also home to more than 100 wineries and is known as a top 10 craft beer state in the U.S. This has spurred the growth of vibrant and diverse downtown areas throughout the state.
Seattle, WA
The cost of living in Detroit is 39% lower than the cost of living in Seattle, WA. With housing on average costing 56% less, you can live in a great neighborhood and still be surrounded by the buzz of city that is booming.
Cost of Doing Business in Michigan
Businesses are coming to Michigan and 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)
Expand or relocate your business in Michigan
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.
18
commercial airports in Michigan, including Detroit Metropolitan, one of the largest U.S. air hubs.