Michigan

Highlights

• #6 of 50: Innovation and patents
• #17 of 50: Talent
• #27 of 50: Scale-ups

The seven inputs

Each input is a z-score against the other states: 0 is the average state, and each step is one standard deviation (capped at ±3). Ranks are among the 50 states.

• Venture capital -0.2 #28 of 50
• Startup formation -0.4 #34 of 50
• Scale-ups 0.0 #27 of 50
• Economic output and wealth -0.6 #38 of 50
• Innovation and patents +0.7 #6 of 50
• Talent +0.4 #17 of 50
• Momentum -0.4 #36 of 50

Top companies

The largest companies headquartered in Michigan, by latest annual revenue.

1. Ford Motor Company F · Consumer Discretionary · Dearborn · Detroit, MI metro $187B
2. General Motors Company GM · Consumer Discretionary · Detroit, MI $185B
3. Penske Automotive Group, Inc. PAG · Consumer Discretionary · Bloomfield Hills · Detroit, MI metro $31.8B
4. Lear Corporation LEA · Consumer Discretionary · Southfield · Detroit, MI metro $23.3B
5. Gordon Food Service Private · Food, Drink & Tobacco · Wyoming · Grand Rapids, MI metro $23.0B

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

Metros in Michigan

• Detroit, MI #48 of 109 metros 47
• Grand Rapids, MI #62 of 109 metros 39
• Lansing, MI #68 of 109 metros 36
• South Bend, IN-MI #79 of 109 metros 29