GDP / Output
+5.9% YoY
80
$9.1B
Output changed +5.9% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
45
5.1%
Unemployment is 5.1% for June 2026.
Vintage date unknown
State avg5.7%
U.S. avg4.2%
Population
+2.5% 5-year
65
52,374
Population moved +2.5% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
71
20.6%
Median rent consumes 20.6% 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
$8.6K per resident
100
$1.2B
$1.2B 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
$1.2B
$8.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$772.0M
2. Department of Veterans Affairs$118.7M
3. Department of Defense$91.0M
Top recipients
Dollars1. C5MI INSIGHT LLC$26.9M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$13.3M
3. ACCENTURE FEDERAL SERVICES LLC$12.9M
Affordable
Housing Affordability
20.6%
of median income
1BR estimate$785
2BR estimate$1,034
Median income$55,693
Median home value$141,900
ACS context
Quick Facts
Population
52,374
Median age
38.0
Bachelor's degree+
21.9%
Poverty rate
17.6%
Labor force participation
61.2%
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
June 2026
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
+0.5%
GDP CAGR
+6.3%
Federal flow
5 years
Population (5 years)
202051,084
202152,434
202252,469
202352,392
202452,374
GDP (5 years)
2020$6.7B
2021$7.2B
2022$7.9B
2023$8.6B
2024$9.1B
2-year linear forecast
Predictive Outlook
Population forecast
202452,374
202552,912 *
202653,166 *
R² = 45.1% · * projected
GDP forecast
2024$9.1B
2025$9.8B *
2026$10.4B *
R² = 99.6% · * 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$55,693/yr
Median rent$957/mo
Rent share of income20.6%
Est. mortgage (30yr, 6.5%)$8,610/yr
Mortgage share of income15.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.1%
State avg5.7%
U.S. avg4.2%
Labor force participation61.2%
Poverty rate17.6%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$141,900
Median monthly rent$957
Price-to-rent ratio12.4x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score65/100
Economic growth80/100
Labor market45/100
Population momentum65/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.