Why Open a business in Bloomfield Township, MI?

Bloomfield Township, Michigan, presents a compelling opportunity for entrepreneurs seeking to establish a business in a community that combines affluence, strategic location, and a supportive environment.

With a population of approximately 44,000, the township boasts a median household income of around $157,300 and a per capita income of about $91,433, reflecting a prosperous and educated demographic. This affluence is complemented by a high level of educational attainment, with 98% of residents holding a high school diploma or higher, and 75.2% possessing a bachelor’s degree or higher.

Strategically located roughly 20 miles northwest of downtown Detroit, Bloomfield Township offers convenient access to major metropolitan areas while maintaining its suburban charm. The township’s commercial activity is concentrated along key thoroughfares like Telegraph Road and Woodward Avenue, providing visibility and accessibility for businesses.

The local government actively encourages business growth within designated zoning districts, fostering a thriving business community that includes both large corporations and small, independent enterprises. This diverse economic landscape is supported by excellent public services and a commitment to sustainable development, as outlined in the township’s strategic plans.

In summary, Bloomfield Township offers a unique blend of economic prosperity, strategic location, and community support, making it an attractive destination for entrepreneurs aiming to establish and grow their businesses.