DOWNTOWN LANSING
MARKETSNAPSHOT
Population
Median Age
2022 Projection
2017 Estimate
10 minutes
1,695
5 minutes3 minutes
34.1
109,414
107,647
31.4
13,997
13,706
29.9
1,773
Workplace Market
Employees
Daytime Population
10 minutes
26,931
5 minutes3 minutes
104,734
162,694
47,783
55,247
26,140
2017 Population
Female
Male
10 minutes
884
5 minutes3 minutes
54,315
51,986
6,332
7,077
697
Households
2022 Projection
2017 Estimate
10 minutes
1,113
5 minutes3 minutes
45,076
43,388
6,599
6,420
1,167
Change (%) 3.9%2.8%4.8%Source: ESRI Market Profile
Drive Time Market
The daytime population within a 3 minute commute to downtown
increases by 1588.8%
Michigan Main Street
michigan main street 2017–2018 annual report
2017–18 VOLUNTEER HOURS: 2,354Program to date: 12,889
2017–18 FAÇADE IMPROVEMENTS: 3Program to date: 36
2017–18 NEW BUSINESSES: 6Program to date: 65
POPULATION (2010 Census): 114,297
2017–18 PRIVATE INVESTMENT: $10,730,075Program to date: $85,110,689
Master Level | designation year: 2013
DOWNTOWN LANSING
Source: Michigan Main Street 2017-2018 Annual Report3 Minute Drive Time
10 Minute Drive Time
5 Minute Drive Time
2017 Estimated Retail Sales
Food & Drink
Retail Trade
Total
10 minutes$23,152,569
5 minutes3 minutes
$112,295,820
$1,062,700,626
$1,174,996,446
$12,416,078
$115,576,184
$127,992,262
$2,299,577
$20,852,892
Employment Industry Top 6 Sectors
Services
Professional
White Collar
10 minutes
65.9%
5 minutes3 minutes
23.5%
24.4%
59.0%
28.0%
18.7%
52.5%
19.7%
20.1%
Admin Support
Sales 19.0%
14.5%
9.2%
12.0%
11.2%
17.2%
Blue Collar 17.5%19.5%13.8%
Population 25+ Education Attainment
Associates Degree
Some College
Bachelor’s Degree
10 minutes
27.2%
5 minutes3 minutes
9.6%
25.2%
19.8%
7.5%
28.2%
19.2%
9.6%
23.0%
Total Some College and/or Degree
Graduate Degree 13.0%
68.6%
14.0%
63.8%
8.9%
72.8%
DOWNTOWN LANSING
MARKETSNAPSHOT
Workplace Market - An Attractive & Captive Market
Retail Sales
Source: ESRI Market Profile
Source: ESRI Market Profile
Daytime population data and trends illustrate positive employment migration patterns and a sizable, captive market for
current and future businesses.
Gifts & Souvenirs/Visitors Store
Full Service Restaurant
Specialty Grocer/Deli
Most Desired Businesses
11.4% of Downtown Survey Respondents
13.6% of Downtown Survey Respondents
44.6% of Downtown Survey Respondents
The above information is according to a top prospects survey of the Downtown Lansing population conducted in September 2017 by Downtown Professionals Network.
78% of survey respondents were between the ages of 25-54.
Business Potential