Elizabeth Fernandez | Moment | Getty Images
Michigan Score and Ranking
| CATEGORY | 2026 SCORE | 2026 RANK | 2025 RANK | 2026 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 270 | 9 | 15 | B+ |
| ECONOMY | 214 | 24 | 18 | C |
| WORKFORCE | 189 | 21 | 13 | C- |
| QUALITY OF LIFE | 172 | 15 | 14 | B- |
| COST OF DOING BUSINESS | 207 | 4 | 4 | A |
| TECHNOLOGY & INNOVATION | 146 | 17 | 17 | B |
| BUSINESS FRIENDLINESS | 115 | 27 | 14 | C |
| ACCESS TO CAPITAL | 79 | 13 | 13 | B+ |
| EDUCATION | 47 | 29 | 41 | C |
| COST OF LIVING | 33 | 11 | 9 | B+ |
| OVERALL | 1472 | 6 | 6 |
Economic Profile
Governor: Gretchen Whitmer, Democrat
Population: 10,127,884
GDP growth (Q1 2026): 0.40%
Unemployment rate (May 2026): 5.10%
Top corporate tax rate: 6.00%
Top individual income tax rate: 4.25%
Gasoline tax: 71.8 cents/gallon
Bond rating (Moody's/S&P): Aa1, Stable/AA, Stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
