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Lansingxl » Lansing Economy

Lansing Economy

Lansing is one of the most sought after tourist destinations, and is flocked by visitors throughout the year. The place is an upcoming global developing city where government, education, insurance, healthcare and automobile manufacturing play a big role. The economy of Lansing is rapidly encouraging people from various places to indulge in business and trade in this city. Being the state capital of Michigan, the area enjoys added advantage. The maximum number of workers resides in this area.

The universities of the region are: Michigan Sate University, Thomas M. Cooley law school and Lansing Community College, which plays a significant role in the developing Lansing economy. A huge number of people are recruited in these institutes of the region. Not only the colleges, the motor manufacturing industry also plays a very substantial and significant part in Lansing economy developments.



Other than these, the city is also the headquarters for four major national insurance companies that contribute a lot in the growing finance and economy of Lansing. The names of these companies are as follows:
  • Auto-Owners Insurance Company
  • Jackson National Life
  • The Accident Fund
  • Michigan Millers Insurance Company
Also well known for the growing financial industry in Lansing, you will find some big names such as Siena capital Management and Capital Bancorp Limited in the economy of Lansing. Industry of Technology is also soaring high in Lansing. The two fields of biotechnology and information technology contribute as good sources in the economical development of the city. The urban projects, undertaken by the private developers, are also helping in developing the financial status of Lansing. The Government plays the most significant part in ensuring that the city gets the best upliftment in all sectors such as education, healthcare, manufacture and more.

Services, wholesale and retail trade, education, and manufacturing are the major economical sectors of Lansing that contribute to around $1.6 billion approximately. The list of largest employers in Lansing is given below to give you a fair idea:
Largest employers Number of employees
State of Michigan 14,041
General Motors 11,000
Michigan State University 10,000
Sparrow Health System 8,000
Lansing School District 3,500
Ingham Regional Medical Center 2,450
Lansing Community College 2,200
Meijer Inc. 2,175
Jackson National Life 1,385
City of Lansing 1,292


Lansing Economy