In 2022, the Detroit metro area GDP amounted to ****** billion U.S. dollars, an increase from the previous year. Detroit's GDP Between 2001 and 2022, the GDP of the Detroit-Warren-Dearborn metro area rose from ****** billion U.S. dollars in 2001 to ****** billion U.S. dollars in 2021, dipping in 2009 to ****** billion U.S. dollars. Despite a rise in GDP, the city of Detroit filed for bankruptcy in July 2013 with debts of approximately ** billion U.S. dollars. Detroit was the largest municipality to file for bankruptcy since 1953. Second largest was Jefferson County, Alabama, which filed in 2011 with debts of approximately *** billion U.S. dollars. In 2021, the Detroit metro area had a population of around 4.36 million inhabitants. City of Detroit Detroit was once a major production hub of the American automobile industry, but has since suffered decline as car manufacturers faced international competition and automobile production was moved out of the city. As a result, workers left Detroit and the population fell. In 2019, Detroit had a resident population of roughly ******* people, ranking **** on the list of largest U.S. cities, but has since fallen off the list of the ** most populous cities in the U.S. Poverty remains a problem for the city and many buildings remain empty and derelict. Crime rates also indicate the extent of Detroit’s decline. Detroit was the second most dangerous city in America in 2022, with ***** crimes per 100,000 residents.

Graph and download economic data for Total Real Gross Domestic Product for Detroit-Warren-Dearborn, MI (MSA) (RGMP19820) from 2001 to 2023 about Detroit, MI, real, industry, GDP, and USA.

Graph and download economic data for Unemployment Rate in Detroit-Warren-Dearborn, MI (MSA) (LASMT261982000000003) from Jan 1990 to May 2025 about Detroit, MI, household survey, unemployment, rate, and USA.

Unemployment Rate in Detroit-Warren-Dearborn, MI (MSA) was 5.00% in May of 2025, according to the United States Federal Reserve. Historically, Unemployment Rate in Detroit-Warren-Dearborn, MI (MSA) reached a record high of 23.30 in April of 2020 and a record low of 3.10 in February of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in Detroit-Warren-Dearborn, MI (MSA) - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Economic Conditions Index for Detroit-Warren-Dearborn, MI (MSA) (DISCONTINUED) (DWLAGRIDX) from Feb 1990 to Dec 2019 about Detroit, academic data, MI, indexes, and USA.

United States Months of Supply: Single Family: Detroit, MI data was reported at 1.600 Month in Jul 2020. This records a decrease from the previous number of 2.400 Month for Jun 2020. United States Months of Supply: Single Family: Detroit, MI data is updated monthly, averaging 3.100 Month from Feb 2013 (Median) to Jul 2020, with 90 observations. The data reached an all-time high of 5.200 Month in May 2020 and a record low of 1.600 Month in Jul 2020. United States Months of Supply: Single Family: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB029: Months of Supply: by Metropolitan Areas.

United States Months of Supply: All Residential: Detroit, MI data was reported at 1.800 Month in Jul 2020. This records a decrease from the previous number of 2.600 Month for Jun 2020. United States Months of Supply: All Residential: Detroit, MI data is updated monthly, averaging 3.200 Month from Feb 2013 (Median) to Jul 2020, with 90 observations. The data reached an all-time high of 5.500 Month in May 2020 and a record low of 1.800 Month in Jul 2020. United States Months of Supply: All Residential: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB029: Months of Supply: by Metropolitan Areas.

United States Avg Days on Market: All Residential: Detroit, MI data was reported at 18.000 Day in Jul 2020. This records a decrease from the previous number of 26.000 Day for Jun 2020. United States Avg Days on Market: All Residential: Detroit, MI data is updated monthly, averaging 29.000 Day from Feb 2013 (Median) to Jul 2020, with 90 observations. The data reached an all-time high of 55.000 Day in Feb 2015 and a record low of 12.000 Day in May 2018. United States Avg Days on Market: All Residential: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB006: Average Days on Market: by Metropolitan Areas.

United States Off Within 2 Weeks: All Residential: Detroit, MI data was reported at 56.777 % in Jul 2020. This records a decrease from the previous number of 61.275 % for Jun 2020. United States Off Within 2 Weeks: All Residential: Detroit, MI data is updated monthly, averaging 43.116 % from Feb 2013 (Median) to Jul 2020, with 90 observations. The data reached an all-time high of 61.868 % in Apr 2018 and a record low of 27.233 % in Dec 2013. United States Off Within 2 Weeks: All Residential: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB010: Off Market Within 2 Weeks: by Metropolitan Areas.

United States Off Within 2 Weeks: Single Family: Detroit, MI data was reported at 58.101 % in Jul 2020. This records a decrease from the previous number of 61.347 % for Jun 2020. United States Off Within 2 Weeks: Single Family: Detroit, MI data is updated monthly, averaging 43.287 % from Feb 2013 (Median) to Jul 2020, with 90 observations. The data reached an all-time high of 62.649 % in May 2018 and a record low of 27.738 % in Dec 2013. United States Off Within 2 Weeks: Single Family: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB010: Off Market Within 2 Weeks: by Metropolitan Areas.

United States Avg Days on Market: Multi-Family: Detroit, MI data was reported at 18.000 Day in Jul 2020. This records a decrease from the previous number of 73.000 Day for Jun 2020. United States Avg Days on Market: Multi-Family: Detroit, MI data is updated monthly, averaging 43.000 Day from Feb 2013 (Median) to Jul 2020, with 90 observations. The data reached an all-time high of 145.000 Day in Apr 2020 and a record low of 18.000 Day in Jul 2020. United States Avg Days on Market: Multi-Family: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB006: Average Days on Market: by Metropolitan Areas.

United States Off Within 2 Weeks: Multi-Family: Detroit, MI data was reported at 50.847 % in Jul 2020. This records an increase from the previous number of 47.500 % for Jun 2020. United States Off Within 2 Weeks: Multi-Family: Detroit, MI data is updated monthly, averaging 36.788 % from Feb 2013 (Median) to Jul 2020, with 90 observations. The data reached an all-time high of 56.364 % in Apr 2019 and a record low of 6.452 % in Dec 2014. United States Off Within 2 Weeks: Multi-Family: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB010: Off Market Within 2 Weeks: by Metropolitan Areas.

United States Listings w/ Price Drops: sa: Single Family: Detroit, MI data was reported at 22.915 % in Jul 2020. This records a decrease from the previous number of 22.976 % for Jun 2020. United States Listings w/ Price Drops: sa: Single Family: Detroit, MI data is updated monthly, averaging 25.422 % from Nov 2014 (Median) to Jul 2020, with 69 observations. The data reached an all-time high of 30.189 % in Apr 2016 and a record low of 11.149 % in Apr 2020. United States Listings w/ Price Drops: sa: Single Family: Detroit, MI data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB042: Listings with Price Drops: by Metropolitan Areas: Seasonally Adjusted.

Graph and download economic data for Employed Persons in Detroit-Warren-Dearborn, MI (MSA) (LASMT261982000000005) from Jan 1990 to May 2025 about Detroit, MI, household survey, employment, persons, and USA.

Graph and download economic data for Total Per Capita Real Gross Domestic Product for Detroit-Warren-Dearborn, MI (MSA) (DISCONTINUED) (PCRGMP19820) from 2001 to 2017 about Detroit, MI, per capita, real, industry, GDP, and USA.

Graph and download economic data for All Employees: Leisure and Hospitality in Detroit-Dearborn-Livonia, MI (MD) (SMU26198047000000001SA) from Jan 1990 to Jun 2025 about Detroit, leisure, hospitality, MI, employment, and USA.

Graph and download economic data for Civilian Labor Force in Detroit-Warren-Dearborn, MI (MSA) (LASMT261982000000006) from Jan 1990 to May 2025 about Detroit, MI, civilian, labor force, labor, household survey, and USA.

Graph and download economic data for All Employees: Total Nonfarm in Detroit-Dearborn-Livonia, MI (MD) (SMS26198040000000001) from Jan 1990 to Jun 2025 about Detroit, MI, nonfarm, employment, and USA.

Graph and download economic data for All Employees: Total Private in Detroit-Dearborn-Livonia, MI (MD) (SMU26198040500000001) from Jan 1990 to May 2025 about Detroit, MI, private, employment, and USA.

Graph and download economic data for Unemployment Rate in Wayne County, MI (LAUCN261630000000003A) from 1990 to 2024 about Wayne County, MI; Detroit; MI; unemployment; rate; and USA.