GDP / Output
+7.1% YoY
88
$2.2B
Output changed +7.1% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
42
5.6%
Unemployment is 5.6% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+2.1% 5-year
63
2,992
Population moved +2.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
72
19.9%
Median rent consumes 19.9% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$9.2K per resident
100
$290.0M
$290.0M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$126.3B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$290.0M
$9.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$239.9M
2. Department of Agriculture$25.9M
3. Department of Veterans Affairs$16.3M
Top recipients
Dollars1. REDACTED DUE TO PII$19.7M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$4.5M
3. COOPERATIVE ELEVATOR CO.$3.4M
Affordable
Housing Affordability
19.9%
of median income
1BR estimate$608
2BR estimate$801
Median income$44,688
Median home value$125,200
ACS context
Quick Facts
Population
2,992
Median age
48.6
Bachelor's degree+
22.1%
Poverty rate
20.2%
Labor force participation
49.4%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.4%
GDP CAGR
+7.8%
Federal flow
5 years
Population (5 years)
20202,930
20213,046
20223,025
20233,010
20242,992
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.9B
2023$2.0B
2024$2.2B
2-year linear forecast
Predictive Outlook
Population forecast
20242,992
20253,027 *
20263,036 *
R² = 9.9% · * projected
GDP forecast
2024$2.2B
2025$2.4B *
2026$2.5B *
R² = 98.0% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$44,688/yr
Median rent$742/mo
Rent share of income19.9%
Est. mortgage (30yr, 6.5%)$7,597/yr
Mortgage share of income17.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.6%
State avg5.7%
U.S. avg5.2%
Labor force participation49.4%
Poverty rate20.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$125,200
Median monthly rent$742
Price-to-rent ratio14.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score67/100
Economic growth88/100
Labor market42/100
Population momentum63/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.