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Business Development

2100 Pontiac Lake Rd
Building 41 West
Waterford, MI 48328

P: 248-858-0720
businessdevelopment@oakgov.com

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Facts and Stats

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The facts and statistics here summarize a variety of subjects within Oakland County, Michigan. They include: basic real estate, labor market, education, top industries, economic data and international investment factors.

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Economic Data

Oakland County is Michigan's employment hub with nearly 720,000 workers employed here¹
More than 412,000 workers commute into Oakland County each day, joining the 314,000 residents who live and work in the county²
Oakland County lost more than 170,000 jobs between March and April of 2020 but has since rebounded and exceeded pre-pandemic employment levels in early 2023¹
Oakland County is forecast to add another 31,314 jobs through 2025³
Oakland County has a diverse economy with the top three employment sectors being Professional and Business Services (26%); Trade, Transportation, and Utilities (19%), and Private Education and Health Services (17%)¹
With a per capita income of $84,850, Oakland County has the highest per capita income in the state and the 14^th highest nationally among all counties with at least a million residents⁴
Oakland County is home to more than 830 firms from 34 foreign countries
With nearly $40.1 billion in goods exported from the area, the Metro Detroit region ranks 10th nationally for total exports⁵
At $13.9 billion, 34% of the regions international exports originated in Oakland County in 2022⁵

¹^{Source: U.S. BLS, QCEW (2022)}²^{Source: U.S. Census Bureau, LEHD (2021)}³^{Source: Oakland County Economic Outlook (2023 – 2025)}⁴^{Source: U.S. BEA (2022)}⁵^{Source: U.S. Department of Commerce, International Trade Administration}

Oakland County, MI

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