Full state page

CNBC 2025 · #6 of 50

Michigan

Very favourable

Improved 3 ranks since CNBC 2024 (#9 → #6)

Overall score
92 /100

Rank #6 of 50

Best for

  • Bootstrapper
  • VC-Backed
  • Fintech
  • Remote-First
  • Low cost of doing business

Category snapshot

Top strengths

  • Cost of Doing Business #4
  • Cost of Living #9
  • Workforce #13

Areas to improve

  • Education #41
  • Economy #18

Founder Lens highlight

Bootstrapper — #4 of 50 · 62/100

StateCompass derived from CNBC category scores — not CNBC's official overall rank.