The largest U.S. city on the United States–Canada border.
Detroit is a very large city located in the state of Michigan. With a population of 639,111 people and 274 constituent neighborhoods, Detroit is the largest community in Michigan.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Detroit is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Detroit is a city of service providers, sales and office workers, and professionals. There are especially a lot of people living in Detroit who work in office and administrative support (12.25%), sales jobs (8.31%), and food service (7.41%).
Detroit is a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly-mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Detroit. This makes Detroit a good place to live for young professionals. With so many people in this demographic, Detroit presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
Detroit is a big city, and with that comes lots of benefits. One benefit is that most big cities have public transit, but Detroit really shines when it comes to the extensiveness and use of its public transit system. More than most large American cities, Detroit citizens use public transit daily to get to and from work. And while there are transportation options, most people in Detroit ride the bus. Whereas in some cities one is destined to sit in traffic every morning to get to work and every evening to get home, in Detroit a lot leave their cars at home (if they even choose to own one), and hop a ride on the bus.
In terms of college education, the citizens of Detroit rank slightly lower than the national average. 16.35% of adults 25 and older in Detroit have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.
The per capita income in Detroit in 2018 was $19,569, which is low income relative to Michigan and the nation. This equates to an annual income of $78,276 for a family of four. However, Detroit contains both very wealthy and poor people as well. Detroit also has one of the higher rates of people living in poverty in the nation, with 33.19% of its population below the federal poverty line.
Detroit is a very ethnically-diverse city. The people who call Detroit home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Detroit residents report their race to be Black or African-American, followed by White. Important ancestries of people in Detroit include German, Irish, African, Polish, and Italian.
The most common language spoken in Detroit is English. Other important languages spoken here include Spanish and Arabic.
|TIME PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO State*||COMPARED TO AMERICA*|
2021 Q3-2021 Q4
|Last 12 Months:
2020 Q4-2021 Q4
|Last 2 Years:
2019 Q4-2021 Q4
|Last 5 Years:
2016 Q4-2021 Q4
|Last 10 Years:
2011 Q4-2021 Q4
|Since 2000: Q1-2021 Q4||0.00%||0.00%|
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Very High
|REGIONAL TREND||LAST 1 YEAR||COMPARED TO NATION*||LAST 2 YEARS||COMPARED TO NATION*|
|Stock Performance of Region's Industries||0.00%||0.00%|
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