Michigan Market Intelligence Report (2026)

Top Businesses to Start in Michigan (2026)

We analyzed 260K+ verified business records to help you separate the hype from the hard numbers.

Top 5 Opportunities

FASTEST GROWTH SECTOR

All Other Miscellaneous Ambulatory Health Care Services

Growth: +100.0% • Saturation: 0.64 LQ

HIGH DEMAND SIGNAL

All Other Personal Services

Growth: +100.0% • Saturation: 0.50 LQ

LOW COMPETITION GAP

Offices of Mental Health Practitioners (except Physicians)

Growth: +100.0% • Saturation: 0.72 LQ

HIGH DEMAND SIGNAL

Nail Salons

Growth: +98.8% • Saturation: 0.36 LQ

LOW COMPETITION GAP

Offices of All Other Miscellaneous Health Practitioners

Growth: +92.9% • Saturation: 0.74 LQ

Census Records

Official Source

Volume Filtered

10+ Est. Minimum

100% Objective

No Pay-to-Play

Validate Your Idea Locally

SELECT METRO AREA

Detroit-Warren-Dearborn

#1 VOL

The state's largest economic engine.

Population

4.4M

Active Biz

145K

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Fastest Growth

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Common Questions

What is the fastest growing business in Michigan?+

Currently, the All Other Miscellaneous Ambulatory Health Care Services sector is leading the state with a +100.0% 5-year growth rate across multiple metro markets.

What does the data say about Michigan's economy?+

The state is home to 260K active establishments across 16 major metro areas. The market shows strong growth in emerging sectors with opportunities in high-demand, low-saturation niches.