Corporate & Professional Services

The Detroit Region is a growing destination for corporate headquarters

The Detroit Region is home to the world’s most innovative companies and a growing destination for corporate headquarters–from General Motors to Rocket Mortgage. Our vibrant business community, lower cost of living, and highly skilled, affordable workforce makes the Detroit Region a perfect location for firms offering corporate and professional services.

  • The Detroit Region is home to 17 Fortune 1000 company headquarters, including 9 Fortune 500 companies.
  • Detroit is the #2 Most Affordable Big City in the United States (2020).
  • Across all industries, there are more than 740,000 workers in business service-related occupations in the Detroit Region.
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Office space in Royal Oak
Looking up at building in Downtown Detroit

Don’t Take Our Word for It. Hear Why Other Companies Choose Detroit.

Pace Industries Relocates Global Headquarters to the Detroit Region

In 2021, the Detroit Regional Partnership helped leading die casting manufacturer Pace Industries move their headquarters to Novi. They chose the Detroit Region because our talent-rich automotive sector is a thriving network of major suppliers, customers, and innovators.
“We are very excited to expand our operations further into Michigan. Since we announced our move into Romulus and Southfield, we’ve had substantial interest from both our clients and the local communities to push further and faster into the region.”

– Matthew Achak, President and Founder, FCR

“Greater Michigan is home to some of the nation’s most notable companies. We see a bright future here and intend to continue our commitment to Detroit.”

– Ray Taleng, Market Managing Partner, PricewaterhouseCoopers (PwC)

Auto Insurance Company Clearcover Opens New Detroit Office, Employs 300

WirelessCar Establishes U.S. Headquarters in Southfield

Our Location Connects You with Opportunity. Explore The Detroit Region for Yourself.

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Map representing the locations of Fortune 1000 company headquarters in the Detroit Region
Map representing the density of business services related jobs in the Detroit Region

Corporate & Professional Services Regional Facts

123,000+
Jobs in the Corporate & Professional Services Industry
8,700+
Businesses in Corporate & Professional Services
#2
Best Airport for On-Time Flights Nationally is DTW
(Circum 2022)
$23.2 Billion
Gross Regional Product
In the Corporate & Professional Services Industry
Graduation cap outline icon
46,000+
Annual Completions in Business & Finance Related Programs
2021
#3
Lowest Cost of Living Index
Among the Most Populous U.S. Metros

THE DETROIT REGION OFFERS AN UNPARALLELED INDUSTRY ECOSYSTEM. LEARN MORE ABOUT WHAT MAKES OUR HOME UNIQUE.

Why Choose the Detroit Region
Downtown Ann Arbor

The Detroit Region offers the advantages of a major metro at a more affordable cost.

There’s no reason to pay big-city prices on the coasts when you can find top talent and affordable offices in the Detroit Region. At the center of the global automotive industry, Detroit offers one of the best business values in North America–with a highly skilled workforce and a robust corporate community.

  • Detroit’s CPS industry talent at more than 120,000 workers has a higher density than the national average in 2023.
  • The average Class A office rent in Detroit is 50% less expensive than national rates and ranks the second most affordable for office rent out of major metros in 2023.
  • One of the most affordable metros with a large talent hub is Detroit, ranking the third lowest cost of living index (2022).
Millennial black businesswoman addressing colleagues at a corporate business meeting, close up

Businesses thrive on the top-tier talent in the Detroit Region.

High-level corporate and professional services require a steady pipeline of skilled talent from cutting-edge schools. The Detroit Region has an excellent network of colleges and universities that graduate top talent year after year, including some of the nation’s best business programs and related degrees.

  • Each year, more than 48,000 students graduate from corporate and professional services-related programs in the Detroit Region (2021).
  • The University of Michigan ranks #3 in the nation for undergraduate business degree programs and #8 for their graduate finance programs.
  • In 2021, more than 265,000 students within a five-hour drive of the region graduated with degrees related to corporate and professional services.
Business District in Southfield Michigan

Michigan’s business climate supports a growing corporate hub in Detroit.

With one of the most competitive business climates in the country, the Detroit Region attracts companies from all across the globe. Our vibrant ecosystem helps companies in the corporate and professional services industry expand their business, while positioning them for long-term growth and success.

  • There are 17 Fortune 1000 companies headquartered in the Detroit Region, including 9 Fortune 500 companies.
  • Michigan is the 12th best state for business tax climate with a flat sales tax and some of the lowest individual and corporate income taxes (2022).
  • Michigan is the 11th best state for business, rising 13 spots from 2019 to 2021.

Corporate & Professional Services Sourcing: CNBC, CoStar Group, Lightcast, Fortune Media IP, SmartAsset, The Tax Foundation, U.S. News & World Report

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Will Butler

Will Butler

VP, Business Development

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