Detroit Personal Income
2026-2027 Michigan Economic Outlook
Updated October 29, 2025
Detroit Income Forecast
| State Output | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Current-dollar GDP ($000s) | 307,906,000 | 331,333,200 | 343,516,400 | 354,215,300 | 364,425,900 | 374,981,200 |
| 9.2% | 7.6% | 3.7% | 3.1% | 2.9% | 2.9% | |
| Real GDP (2017 $000s) | 271,653,800 | 276,493,700 | 277,581,000 | 278,688,700 | 279,084,400 | 279,349,500 |
| 3.0% | 1.8% | 0.4% | 0.4% | 0.1% | 0.1% | |
| Detroit Income by place of residence ($000s) | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Personal income (thousands of dollars) | 271,987,300 | 287,019,300 | 302,641,000 | 312,282,100 | 321,531,200 | 331,398,000 |
| 2.5% | 5.5% | 5.4% | 3.2% | 3.0% | 3.1% | |
| Population (persons) | 4,348,636 | 4,342,304 | 4,336,022 | 4,330,402 | 4,325,202 | 4,320,268 |
| -0.5% | -0.1% | -0.1% | -0.1% | -0.1% | -0.1% | |
| Per capita personal income (dollars) | 62,545 | 66,098 | 69,797 | 72,114 | 74,339 | 76,708 |
| 3.0% | 5.7% | 5.6% | 3.3% | 3.1% | 3.2% | |
| Real Per-Capita Personal Income (Chained 2012 $) | 55,181 | 55,158 | 56,400 | 56,738 | 56,930 | 57,145 |
| -2.8% | 0.0% | 2.3% | 0.6% | 0.3% | 0.4% | |
| Relative Per-Capita Personal Income (Local/US) | 0.94 | 0.95 | 0.95 | 0.91 | 0.86 | 0.86 |
| Derivation of Personal Income | ||||||
| Earnings by place of work | 195,758,600 | 206,131,600 | 214,616,300 | 219,151,600 | 223,984,900 | 228,835,300 |
| 7.2% | 5.3% | 4.1% | 2.1% | 2.2% | 2.2% | |
| Less: Contributions for government social insurance | 23,355,910 | 24,651,490 | 25,451,630 | 26,314,430 | 27,153,660 | 28,023,420 |
| 10.9% | 5.5% | 3.2% | 3.4% | 3.2% | 3.2% | |
| Plus: Adjustment for residence | -4,236,760 | -4,473,408 | -4,600,275 | -4,797,970 | -4,967,806 | -5,163,171 |
| Equals: Net earnings by place of residence | 168,165,900 | 177,006,700 | 184,564,400 | 188,039,200 | 191,863,400 | 195,648,700 |
| 6.6% | 5.3% | 4.3% | 1.9% | 2.0% | 2.0% | |
| Plus: Dividends, interest, and rent | 48,729,410 | 53,759,010 | 55,738,950 | 57,151,020 | 59,564,160 | 62,220,630 |
| 11.9% | 10.3% | 3.7% | 2.5% | 4.2% | 4.5% | |
| Plus: Personal current transfer receipts | 55,091,980 | 56,253,570 | 62,337,650 | 67,091,850 | 70,103,660 | 73,528,730 |
| -13.9% | 2.1% | 10.8% | 7.6% | 4.5% | 4.9% | |
| Components of Earnings | ||||||
| Wages and salaries | 145,055,300 | 152,184,300 | 159,528,300 | 163,004,200 | 166,589,300 | 170,115,400 |
| 7.8% | 4.9% | 4.8% | 2.2% | 2.2% | 2.1% | |
| Supplements to wages and salaries | 29,285,420 | 31,572,310 | 32,051,580 | 32,407,370 | 32,962,750 | 33,571,730 |
| Proprietors' income | 21,417,800 | 22,374,960 | 23,036,410 | 23,740,030 | 24,432,810 | 25,148,170 |
| Farm proprietors' income | 58,866 | 60,445 | 60,445 | 60,445 | 60,445 | 60,445 |
| Nonfarm proprietors' income | 21,358,930 | 22,314,520 | 22,975,960 | 23,679,580 | 24,372,370 | 25,087,720 |
| Source: Center for Economic Analysis, Michigan State University | ||||||
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