Market Information
Commerce Township Market Highlights
- Commerce Township is located in the southwest quadrant of Oakland County, MI
- There are 40,186 Commerce Township residents
- The median family income is $93,302, which is 88% higher than the national average
- Nearly 70% of Commerce Township’s population has attended college
- Commerce Township is home to a state of the art hospital, two corporate world headquarters, award winning schools, 86 restaurants and 14 silver screens
- Commerce Township property taxes are the 5th lowest in Oakland County
- Commerce Township has a total land area of 29.8 miles, of which 2.3 square miles are lakes
- Commerce Township is home to 54 lakes and 2,300 acres of parkland, providing opportunities for hiking, cross-county skiing, fishing, hunting and boating; the Huron River runs north and south throughout Commerce Township
- Commerce Township is an approximately 30 minute drive to Detroit International Airport and 35 minutes from downtown Detroit
- Economic development is a priority in Commerce, both for our existing and new businesses. A “Fast Track” development process guides businesses through the planning and building stages
- Oakland County is one of the wealthiest counties in America, and is a unique blend of a thriving technology industry, bustling city life, comfortable suburbs and wide open spaces
- 60% of Fortune 500 companies, and 50% of global Fortune 500 companies have business locations in Oakland County
- One third of all US auto production takes place within 70 miles of Oakland County
- Oakland County has been given a AAA bond rating (the highest rating possible); only 19 of America’s other 3,034 counties have received this high of a rating
