Why is now the perfect time to own a home care franchise in Michigan?
With a growing market and strong industry support it's an investment that impacts communities and offers significant profit potential.
Robust State Economy: Michigan's real GDP reached approximately $566 billion in 2024, marking a 2.1% increase from 2023, its highest level to date.
Growing Population Base: The state's estimated population climbed to 10.14 million as of July 1, 2024—a gain of 57,100 residents (0.6%) over the previous year, setting a new all-time high
Substantial Workforce: Michigan's civilian labor force stood at 5.06 million people in 2024, with approximately 4.80 million employed.
Significant Senior Segment: Seniors (65+) make up about 19.2% of Michigan's population as of 2023, nearly one in five residents, highlighting a ready market for age-focused in-home services.
Top-Ranked Business Climate: Michigan earned the #6 spot among U.S. states for business in CNBC's 2025 rankings, the best ranking ever and a jump from #9 in 2024. It also placed #4 in “Cost of Doing Business”