Detroit Stats

Member of the 24/7 Wall St. Media Network

Month: June 2016

Michigan is the Most Expensive State to Drive

After housing, transportation is the average American’s second largest yearly expense. Gasoline, insurance, and car repairs cost the average driver more than $3,000 annually. A number of factors, such as gas prices and road infrastructure, determine the cost of owning and operating a car. These factors vary widely from state to state. To identify the […]

General Motors is the Largest Company in Michigan

America’s largest companies tend to be located in major metropolitan areas. New York City alone is home to the headquarters of more than 70 of U.S.’s 1,000 largest public companies, the most of any city in the nation. 24/7 Wall St. reviewed annual revenues to determine the largest company in every state. All but five […]

Michigan Has the 11th Highest Share of Marijuana Smokers

Support for marijuana legalization in the United States has risen steadily over the years. Today, a majority of Americans are in favor of legalizing the drug, although the number of people actually smoking weed is far lower. Slightly more than 13% of Americans 12 years old and over report using marijuana in the past year. […]

Detroit is Growing Slower Than 75% of American Cities

The U.S. population grew by 0.79% last year, just slightly faster than the previous year’s growth rate but still among the slowest rates in decades. According to the U.S. Census Bureau, the number of Americans living in metropolitan areas rose to 275.3 million in 2015, an increase of 2.5 million. While urban areas on the […]

Detroit Has the 4th Most High-Tech Jobs

The United States’ GDP of $16.3 trillion in 2014 was the highest in the world, due in large part to the strength of U.S. industries. However, all industries are not equal in terms of their contribution to economic output. While the U.S. economy is among the world’s strongest, however, other countries continue to invest in […]

Michigan Has the 24th Highest Share of Urban Living

Since 1950, Americans have increasingly chosen to live in cities. Today, 81% live in urban areas, more than even before. Urban areas, however, make up just 3% of U.S. land area. The proportion of people living in urban areas varies considerably between states. 24/7 Wall St. reviewed data from the U.S. Census to determine the […]

Detroit is Among the Worst 15% of Cities For Black Americans

Last year, unarmed teenager Michael Brown was fatally shot by police officer Darren Wilson in Ferguson, Missouri. The incident drew attention to racially charged police brutality, and sparked outrage nationwide. Fatal police shootings involving black citizens, however, are only one of the consequences of racial inequality. For decades, black Americans have faced higher poverty rates, […]

Michigan is the Cheapest State to Fix Your Car

Automobiles are one of the most expensive purchases many Americans make in their lifetimes. A car or truck’s sticker price is only the beginning of this expense, however, as maintenance and repair — both anticipated and otherwise — can be costly. Just how expensive a visit to the mechanic can be varies dramatically depending on […]

Michigan Has the 9th Highest Smoking Rate

In 1964, the Surgeon General’s Report on Smoking and Health linked for the first time smoking and adverse health outcomes. The pivotal report aimed to shift public opinion on smoking by identifying the dangers of tobacco use. The smoking rate in the United States has fallen precipitously in the last 50 years, dropping from 42.4% […]

Michigan is Among the States Adding the Most Jobs

The United States has added more than 12 million jobs since the spring of 2011. Since then, the unemployment rate has fallen from 9.1% to 5.0% — close to an eight-year low. The vast majority of states have added jobs during April 2011 through April 2016. Most states added at least 100,000 positions. Delaware and […]

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