Detroit Regional Dashboard 2020: Measuring Economic & Social Progress

DETROIT REGIONAL DASHBOARD 2020: MEASURING ECONOMIC & SOCIAL PROGRESS

B I T. LY/ D E T R O I T R E G I O N A L D A S H B O A R D

The Detroit Regional Dashboard, as a coordinated measurement tool for the region, empowers and aligns nonprofits across key metrics. The Dashboard serves as a catalyst for strategic change and collective action, ensuring the Detroit Region continues to move forward as a thriving and equitable community.

The set of shared metrics tracks changes in critical economic, environmental, and social outcomes -- including equity measures – to identify roadblocks for development. Measuring changes in these areas that impact sustainable longterm growth and success will help the region’s economic competitiveness.

Published by the Detroit Regional Partnership and the Detroit Regional Chamber, the Dashboard was developed through a collaborative process with a variety of stakeholders and partners. Housing this data in one location will make it easy for organizations to use the data for making business, community, and policy recommendations.

EQUITY MEASURE

KEY METRICS

MEDIAN HOUSEHOLD INCOME

$284.2 B

9.1%

5.4 M

$63,474

63.1%

GROSS DOMESTIC PRODUCT

UNEMPLOYMENT RATE

TOTAL POPULATION

MEDIAN HOUSEHOLD INCOME

LABOR FORCE PARTICIPATION RATE

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

0.8%

5.4 P.P.

-0.2%

4.9%

0.5 P.P.

11-COUNTY DETROIT REGION, 2019

11-COUNTY DETROIT REGION, DEC. 2020

11-COUNTY DETROIT REGION, 2019

DETROIT MSA, 2019

DETROIT MSA, 2019

BLACK OR AFRICAN AMERICAN

WHITE

$38,568 $72,049 LABOR FORCE PARTICIPATION RATE

BLACK OR AFRICAN AMERICAN

60.8%

WHITE

63.5%

DETROIT MSA, 2019

EQUITY MEASURE

ECONOMIC GROWTH

POVERTY RATE TOTAL POPULATION

-6.9%

-0.2%

EMPLOYMENT GROWTH

POPULATION GROWTH

1-YEAR CHANGE

1-YEAR CHANGE

4.9%

MEDIAN HOUSEHOLD INCOME GROWTH

12.6%

$35,315

POVERTY RATE

MEAN INCOME PER CAPITA

TOTAL POPULATION

1-YEAR CHANGE

5-YEAR CHANGE:

5-YEAR CHANGE:

-1.0%

0.4%

11-COUNTY DETROIT REGION, DEC. 2020

11-COUNTY DETROIT REGION, 2019

5-YEAR CHANGE:

18.4% DETROIT MSA, 2019

5-YEAR CHANGE:

1-YEAR CHANGE:

-3.5 P.P.

4.7%

DETROIT MSA, 2019

DETROIT MSA, 2019

BLACK OR AFRICAN AMERICAN

24.3%

WHITE

8.6%

MEAN INCOME PER CAPITA BLACK OR AFRICAN AMERICAN

$23,699

WHITE

$39,699

DETROIT MSA, 2019

EQUITY MEASURE

BUSINESS CLIMATE

$41.5 M

6.7%

FOREIGN DIRECT VACANCY RATES CLASS-A OFFICE INVESTMENT AVERAGE PER PROJECT

$19.55

RENT PER SQ. FT. CLASS-A OFFICE

4.0 M

SQ. FT. UNDER CONSTRUCTION CLASS-A OFFICE

9.0 M

$514.0 M

SQ. FT. UNDER CONSTRUCTION INDUSTRIAL

VENTURE CAPITAL INVESTMENTS

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

-17.9%

1.3 P.P.

-0.1 %

48.4 %

117.7 %

11-COUNTY DETROIT REGION, 2019

DETROIT, FLINT, ANN ARBOR, & MONROE MSA, 2020

DETROIT, FLINT, ANN ARBOR, & MONROE MSA, 2020

DETROIT, FLINT, ANN ARBOR, & MONROE MSA, 2020

DETROIT, FLINT, ANN ARBOR, & MONROE MSA, 2020

1-YEAR CHANGE:

33.5% MICHIGAN, 2019

VENTUREBACKED STARTUPS RACIAL MINORITY CEO

13.2% 5-YEAR CHANGE:

30.0% MICHIGAN, 2019

EQUITY MEASURE

TALENT

STEM OCCUPATIONS

2.5 M

41.5%

$26.61

-8,147

TOTAL EMPLOYED WORKFORCE

ASSOCIATE DEGREES OR HIGHER

AVERAGE HOURLY OCCUPATION WAGES

LABOR FORCE NET MIGRATION

PERCENT OF LABOR FORCE

1-YEAR CHANGE:

1-YEAR CHANGE:

5-YEAR CHANGE:

1-YEAR CHANGE:

-6.9%

1.4 P.P.

3.1%

43.2%

11-COUNTY DETROIT REGION, 2019

11-COUNTY DETROIT REGION, DEC. 2020

ANN ARBOR, DETROIT, FLINT, & MONROE MSA, 2019

1,307 PATHWAY JOBS CREATED/SUPPORTED

CHANGE: N/A

11-COUNTY DETROIT REGION, 2018

11-COUNTY DETROIT REGION, 2020

8.4%

PERCENT OF STEM WORKFORCE

STEM OCCUPATIONS

BLACK OR AFRICAN AMERICAN

PERCENT OF WORKFORCE

8.6%

5-YEAR CHANGE:

WHITE

78.3%

0.9% 11-COUNTY DETROIT REGION, 2020

11-COUNTY DETROIT REGION, 2020

EQUITY MEASURE

EDUCATION

43.2%

41.5%

3 GRADE READING PROFICIENCY

8 GRADE MATH PROFICIENCY

RD

TH

1-YEAR CHANGE:

CHANGE: N/A

0.2 P.P. DETROIT REGION, 2018-2019

DETROIT REGION, 2018-2019

84.7%

62.4%

HIGH SCHOOL GRADUATION RATE

34.8%

POSTSECONDARY ENROLLMENT RATE

SAT SCORE BENCHMARK MET

30,591

DEGREE COMPLETIONS

BACHELOR’S OR HIGHER (PUBLIC UNIVERSITIES)

BACHELOR’S OR HIGHER (PUBLIC UNIVERSITIES)

BLACK OR AFRICAN AMERICAN

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

0.5 P.P.

0.4 P.P.

0.4 P.P.

-8.2%

DETROIT REGION, 2018-2019

DETROIT REGION, 2018-2019

DETROIT REGION, 2018-2019

TOTAL OF DEGREE COMPLETIONS

8.4% WHITE

58.8%

DETROIT REGION, 2018-2019

DETROIT REGION, 2018-2019

COMMUNITY

EQUITY MEASURE

102.7

69.5%

$193,814

ANNUAL COST OF LIVING INDEX

REGISTERED VOTER PARTICIPATION RATE

MEDIAN HOME VALUE

69.6%

HOMEOWNERSHIP RATE

HOMEOWNERSHIP RATE BLACK OR AFRICAN AMERICAN

43.4%

PRESIDENTIAL ELECTIONS

1-YEAR CHANGE:

CHANGE (2016):

1-YEAR CHANGE:

1-YEAR CHANGE:

2.8

4.5 P.P

5.8%

0.6 P.P.

DETROIT MSA, 2020

11-COUNTY DETROIT REGION, 2020

11-COUNTY DETROIT REGION, 2019

WHITE

78.4%

11-COUNTY DETROIT REGION, 2019

DETROIT MSA, 2019

EQUITY MEASURE

INFRASTRUCTURE

COMMUTE TIME PUBLIC TRANSPORTATION

80.5%

144

QUALITY OF ROADS

AIRPORT ROUTES

POOR/FAIR CONDITIONS 1-YEAR CHANGE:

0.0 P.P

41.8 M

TRANSIT RIDES 4 REGIONAL SYSTEMS

90.7%

COMMUTE TIME

INTERNET SUBSCRIPTION

MEAN MINUTES

ALL MODES OF TRANSPORTATION

DOMESTIC & INTERNATIONAL

CHANGE: N/A

25.7

BLACK OR AFRICAN AMERICAN

MEAN MINUTES

78.6%

48.9

PERCENT OF TOTAL PUBLIC COMMUTERS

POPULATION IN HOUSEHOLDS

1-YEAR CHANGE:

1-YEAR CHANGE:

1-YEAR CHANGE:

-1.9%

0.7%

1.9 P.P

NO INTERNET SUBSCRIPTION RATE POPULATION IN HOUSEHOLDS

11-COUNTY DETROIT REGION, 2018-2019

DETROIT METRO AIRPORT (DTW), 2020

11-COUNTY DETROIT REGION, 2019

DETROIT MSA, 2019

DETROIT MSA, 2019

BLACK OR AFRICAN AMERICAN

10.0%

WHITE

3.7%

DETROIT MSA, 2019