* This page contains State, Regional, County, and Local Data sets.

State of Michigan Economic Statistics

The State of Michigan is a leading business state and globally competitive in attracting industry.  Michigan's economy is driven by its stature as the world leader in the automotive industry; but its economy has been bolstered by the phenomenal growth of life science, biotechnology and future fuels industries.  Michigan is the #1 state for new plants and expansions on the Site Selection magazine list for an unprecedented five years in a row.  No other state in the nation has amassed almost 9,000 new investments or expansions over the past five years.

                     (Photo taken by MEDC:Asterand)                                  

• Michigan Retail Sales (2002): $109,350,139
• Michigan Retail Sales per Capita (2002): $10,889
•  Michigan Gross Domestic Product: $337.9 billion (2006) representing 3% of the U.S. total; U.S. GDP $11.3 trillion
• Michigan ranked 2nd nationally in expenditures for R&D, with over $16.7 billion total statewide investment in 2006.
• Michigan ranked 6th on Small Business and Entrepreneurship Council's "10 Best States to Start a Business" list in 2007
• Michigan is one of the best states for e-government in the United States, according to an e-government analysis conducted by researchers at Brown University Taubman Center for Public Policy
• The University of Michigan – Ann Arbor consistently ranks within the top 10 public and private American research universities, according to the Center for Measuring University Performance
• Michigan's a leading center for international commercial activity with 648 companies representing 24 countries

Southeast Michigan Region Economic Statistics

The Southeast Michigan region is the economic powerhouse for the entire state of Michigan. The region boasts the most job growth, almost half of the state's population (48%), and houses the headquarters for many of the state's corporate occupants.

• 18% of Southeast Michigan's workforce is employed in the professional and business service industry. Other employment dominant industries include manufacturing (16%), education and health services (12%), and retail trade (11%)
• Key Southeast Michigan Industries include high-tech, research and development, and manufacturing; health education and professional services; retail trade; finance, insurance and real estate; and construction.
• Detroit Metropolitan area ranked 7th in the total number of business establishments compared to other metropolitan areas within the U.S.
• Regional Economic Profile

Oakland County Economic Statistics

Oakland County is one of the nation's wealthiest counties and the business hub of Michigan.  It has an established technology cluster that rivals all other advanced regions in the world, with concentrations in advanced computers and manufacturing; future fuels; bioscience; and nanotechnology.  More than one third of Michigan's research and development firms are located in Oakland County.

Michigan is the brain of the automotive industry, and Oakland County is the heart, where sixty-seven percent of Southeast Michigan's top OEM parts suppliers are located.  One third of all U.S. auto production takes place within 70 miles of the county.

Here are more facts that substantiate Oakland County's predominant position as Michigan's economic engine.

Fortune 500 Power List

38% of the Fortune 500 companies do business in the county, including:

• Chrysler Corp.
• Delphi
• Federal Mogul
• Ford Motor Company
• General Motors
• Kelly Services
• Lear Corp.
• Arvin Meritor
• Microsoft
• Valeo

Other facts:

• Six of the top fifteen auto suppliers in the county are Fortune 500 companies; and four of the top fifteen are Global 500 companies.
• General Motors Corp. ranks as the third highest revenue generating company in the world and is the County's largest employer.

Business Demographics

• Oakland County Retail Sales (2002): $19,140,544
• Oakland County Retail Sales per Capita (2002): $15,907
• 11% of Oakland County businesses are minority-owned; 18% U.S.; 10.1% Michigan; 8.2% Rochester Hills
• 28% of Oakland County businesses are women-owned; 28% U.S.; 29.6% Michigan; 36.1% Rochester Hills
• Of Oakland County's civilian labor force of 720,201, 71.1% live and work within the County.
• Sixty percent of Fortune 500 companies and 50% of Global Fortune 500 companies have business locations in Oakland County.
• In 2006, Oakland County's average wage per job is $47,163 and median household income is $66,483, 37% higher than the national average. Rochester Hills' median household income is $78,878 and Michigan's is $47,182.
• According to City Data, there are 5,368 retail establishments in Oakland County. The largest sector is clothing and accessories stores, 988; followed by food and beverage stores, 702; health and personal care, 484; and motor vehicle parts and dealers, 431.
• Anderson Economic Group reports that high-tech employment is more balanced than in Silicon Valley and more numerous than in Research Triangle or Fulton County (GA)
  Oakland created more jobs than any other major labor market area in Michigan, contributing 30% of private sector jobs in Michigan from 1990-2002, even though it accounted for only 18% of those jobs statewide
• Institute of Labor and Industrial Relations at the University of Michigan projects county job growth of 10,100 jobs in 2004
• During 2004, the professional and business services industry forecasts a gain of 4,600 jobs

Rochester Hills Demographic Profile

The City of Rochester Hills offers a comfortable lifestyle for everyone. Located in Oakland County, one of the wealthiest counties in America, Rochester Hills features a quality of life and a thriving commerce that few communities its size can match. The city boasts quality housing; two award winning school districts that consistently rank near the top of Michigan's schools in performance; over 950 acres of parkland featuring various active and passive recreational opportunities; several public and private golf courses; over 80 miles of linked pathways and a regional interlinking rails-to-trails system; excellent medical facilities; an abundance of cultural, historical, educational, and entertainment venues; and a shopping district with a main street appeal. Located along M-59 and near I-75, Rochester Hills is situated in Automation Alley, Michigan's premier technology cluster, and one of ten SmartZones ™ in Michigan.

2005 SEMCOG Data
Population: 69,295
Population Growth 2000 – 2005:  470 (.07%)

Population by age
Under age 5   4,379 (6.3%)
Ages 5-17 12,753 (18.4%)
Ages 18-34 12,599 (18.2%)
Ages 35-64 31,808 (45.9%)
Ages 65+ 7,756 (11.2%)

Median Age: 39.3

Number of Households:             27,389
Owner Occupied Households: 76%
Renter Occupied Households:  20%
Vacant Units:    3%

Median household income (1999 dollars):  $74,912
 Up to $24,999:   12%
 $25,000 - $49,999:   19%
 $50,000 - $99,999:  35%
 $100,000 or more:  34%

Median housing value (2000 dollars): $226,200

Median year housing structure built:  1981

Educational Attainment (% of pop. age 25+)
 High School Graduate:  18%
 Some College or Associates:  27%
 Bachelors and beyond:  47%

Labor Market (SEMCOG 2002 Data)
Total Employment:                            34,789 (68.1% of working population age 16 +)
Agriculture:                                       311 (1%)
Manufacturing:                                  12,453 (36%)
Trans., Comm. and Utility:                 140 (0%)
Wholesale Trade:                              1094 (3%)
Retail Trade:                                     7031 (20%)
Finance, Insurance and Real Estate:  685 (2%)
Services:                                         12,664 (36%)
Public Admin.:                                 411 (1%)

Total # of businesses and employment by business size (Dataplace.org 2003 data)
Total # of Establishments:                    1906
# of businesses per capita:                    28
Percent of businesses  w/. 1-9 emp.:     10.6%
Percent of businesses w/. 10-49 emp.:   24.7%
Percent of businesses w/. 50-99 emp.:   3.9%
Percent of businesses w/. 100-499 emp.:2.9%
Percent of businesses w/. 500+ emp.:    0.3%

2007 tax rate:
Homestead:      
Rochester Community School District:  30.4855 per $1000 TAV
Avondale School District:    34.1593 per $1000 TAV

Non-Homestead:
Rochester Community School District: 48.4855 per $1000 TAV
Avondale School District:   50.8991 per $1000 TAV

2007 taxable assessed valuation (TAV):
Single-family residential: $2.99 billion
Commercial:    $512 million
Industrial:    $209 million
Total TAV:    $3.71 billion

Building Inventory:
Commercial:    348
High Tech and Industrial: 388
Office:    103         

Quality of Life Quick Facts:

• In 2005, Rochester Hills was named one of CNN Money Magazines' best places to live
• Rochester Hills Median Gross Rent: $827/month
• State of Michigan Sales tax: 6%
• State of Michigan Personal Income tax: 3.9% (3rd lowest rate nationally)
• No city income tax in Rochester Hills
• Student teacher ratio: 20 - 1
• Major Hospitals/medical centers near Rochester Hills:
• Crittenton Hospital (ROCHESTER  HILLS, MI)
• Beaumont Hospital (about 5 miles; TROY, MI)
• Providence Hospital (about 7 miles; SOUTHFIELD, MI)
• North Oakland Medical Centers (about 10 miles; PONTIAC, MI)