Michigan

Michigan became the 26th U.S. state on January 26, 1837. With a current population of 10.0 million, Michigan is the 10th-most populous state in the country. The state ranks in the lowest third of the best states to live in based on key measures like unemployment, poverty and average life expectancy at birth.

The state’s population has grown much more slowly than that of most states in recent years. Over the 10-year period to 2019, Michigan’s population grew by 0.3%, well below the comparable national population growth rate of 6.6%.

Michigan’s unemployment rate in 2018 was 4.1%, higher than the national rate of 3.9%. A stronger job market would likely lead to greater financial security for more state residents, as Michigan’s poverty rate of 14.1% is considerably higher than the national average of 13.1%.

Crime in Michigan

Michigan’s violent crime rate of 449.4 incidents for every 100,000 residents is well above the national average of 380.6 per 100,000. In 2018, there were 551 murders in the state, fewer than in two-thirds of all states.

The state’s incarceration rate of 508 adults per 100,000 residents 18 or older is lower than in most other states. There were 44,918 violent crimes committed in the state in 2018, with about half occurring in Detroit. Muskegon Heights, just south of the Lower Peninsula city of Muskegon, is the most dangerous city in the state with 1,238.8 violent crimes for every 100,000 people.

The Michigan Economy

With a 2018 gross domestic product (GDP) of $528.0 billion, Michigan’s economy is among the largest third of the 50 states. Its largest industry is ambulatory health care services, which employs 206,999 people statewide and generates about 4.0% of the state’s total GDP. Between 2013 and 2018, the total economic output of the state’s top industry rose by 12.4%. Overall economic growth in Michigan totaled 2.7% in 2018, below the national average economic growth of 2.9%.

Michigan’s underemployment rate (which accounts for unemployment and people who have taken part-time work out of necessity) is 7.6%, ranking the state in the middle third among the most difficult states in which to find full-time work.

Employment opportunities tend to go up with educational attainment. In Michigan, less than a third (31.9%) of the state’s adults have a bachelor’s degree, below the national average of 32.6%. And 90.9% of the adults in the state have at least a high-school diploma, above the national rate of 88.3%.

Michigan’s median household income of $56,697 is well below the national median of $63,179.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

Lastest Stories Featuring Michigan

No economy has generated as much wealth for as many people as that of the United States. According to the 2023 Global Wealth Report from the Swiss investment bank UBS, most adults worldwide have less...
Incomes are rising rapidly in the United States. According to estimates from the U.S. Census Bureau, the national median household income was nearly $75,000 in 2022, up from about $69,700 in 2021....
Housing affordability has been a sore subject for some time, with home prices growth have far outpacing wage growth in recent years. And with interest rates near highs not seen in decades,...
Michigan is beautiful from spring through fall, though many appreciate a real winter with snow and winter activities. The intense winters of Michigan come with some downsides, though. Let’s...
Do you have kids and are looking for who to blame for the chorus of kids’ voices echoing in your head all day long? Are you childless and wonder why in the world you keep seeing commercials for...
According to a report from Reviews.org, nearly 70% of Americans watch live sports. The National Football League (NFL) draws more viewers than any other sports league, followed by the National...
Do you live in Southern Florida and are sick of being tormented by record-breaking hurricanes every few years? Did you grow up in Tornado Alley and want to experience tornado season without being...
Michigan anglers have reeled in some eye-popping catches over the years. This comes as little surprise, given the bountiful fishing opportunities that exist in the state. Michigan has the...
Over a month has passed since the United Auto Workers labor union went on strike. Demanding higher pay, better benefits, and stronger job protections, thousands of auto industry workers have halted...
Over a month has passed since the United Auto Workers labor union went on strike. Demanding higher pay, better benefits, and stronger job protections, thousands of auto industry workers have halted...
What’s better than a pumpkin spice latte and unlikely to go out of fashion? Autumn foliage. Nearly every state goes through a dramatic, multicolored transformation as temperatures drop in the fall....
The diner is a uniquely American institution. Historians trace its origins back to the horse-drawn lunch wagons that began appearing on the East Coast in the 1870s. These evolved into restaurants on...
The United States spends more per capita on health care than any other large developed country — and without a single-payer national health care system, much of that spending is shouldered...
“There’s one thing that’s really great about waking up early,” the comedian Kathy Griffin apparently once said, “and it’s not jogging or greeting the day —...
The United States is a large and diverse country with many traditions and laws varying from state to state. It’s no surprise then that some citizens look at people living in far-off states as...