State profile
Michigan
United States · GDP 2025
#14 of 51 US states by GDPbottom-quartile growth
EA Place Score
——methodology in progress
GDP 2025 (USD)
$730.1B
BEA · 2025
GDP growth (YoY)
+3.9%
BEA · 2025
Jobs tracked
4,041,074
Census CBP · 2023
Employers
229,564
Census CBP · 2023
Avg. wage
$65.9k
BLS QCEW · 2023
Population
10,057,921
Census PEP · 2022
Michigan · GDP by county
BEA 2025 · hover or taplower
higher · USD
Counties
top 24 by GDP · BEA 2024Oakland$143.1BWayne$129.9BKent$60.3BMacomb$54.2BWashtenaw$34.6BIngham$23.6BOttawa$21.0BKalamazoo$20.7BGenesee$20.2BSaginaw$11.0BLivingston$10.1BBerrien$9.7BCalhoun$9.1BJackson$9.1BMuskegon$8.4BMonroe$8.1BMidland$7.8BGrand Traverse$7.5BEaton$7.4BSt. Clair$7.4BAllegan$6.7BBay$4.7BLenawee$4.2BMarquette$3.6B
See all counties in Michigan →Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Ford Motor CompanyConsumer Cyclical$187.3B63C2General Motors CompanyConsumer Cyclical$168.0B67B3Dow Inc.Basic Materials$40.0B58C4Penske Automotive Group, Inc.Consumer Cyclical$31.8B73B5Stryker CorporationHealthcare$25.1B87A6Lear CorporationConsumer Cyclical$23.3B64C7Whirlpool CorporationConsumer Cyclical$15.5B67B8BorgWarner Inc.Consumer Cyclical$14.3B67B9DTE Energy CompanyUtilities$12.6B65B10CMS Energy CorporationUtilities$8.3B69B11Masco CorporationBasic Materials$7.6B82B+12Jackson Financial Inc.Financial Services$6.7B41D13UFP Industries, Inc.Basic Materials$6.3B77B+14Dauch Corp.Consumer Cyclical$5.8B45D15Lineage, Inc.Real Estate$5.4B39D16Domino's Pizza, Inc.Consumer Cyclical$4.9B75B+17Nexteer Automotive Group LimitedConsumer Cyclical$4.6B69B18Kelly Services, Inc.Industrials$4.3B55C19Visteon CorporationConsumer Cyclical$3.8B70B20MillerKnoll, Inc.Consumer Cyclical$3.7B——21PHINIA Inc.Consumer Cyclical$3.5B58C22UWM Holdings CorporationFinancial Services$3.2B45D23Cooper-Standard Holdings Inc.Consumer Cyclical$2.7B54D24Champion Homes, Inc.Consumer Cyclical$2.7B67B25Gentex CorporationConsumer Cyclical$2.5B75B+HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care24%
Manufacturing23%
Retail trade18%
Food & accommodation15%
Professional services12%
Admin & support8%
share of top-6 sector employment · CBP 2023
GDP trend
2021–2025 · nominal
$573.3B2021
$624.2B2022
$676.0B2023
$702.5B2024
$730.1B2025
Filing activity
SEC EDGAR103 filings from 36 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$65.9k
avg. annual pay · +20% since 2019
Similar US states
nearest by GDPThe read
What is the GDP of Michigan?
Michigan's economy produced $730.1B in 2025, growing 3.9% year over year — slower than 84% of US states. Its largest employment sector is health care.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.