GDP / Output
+2.4% YoY
56
$9.7B
Output changed +2.4% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
53
4.9%
Unemployment is 4.9% for June 2026.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
-14.0% 5-year
0
2,077
Population moved -14.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
75
18.2%
Median rent consumes 18.2% 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
$8.4K per resident
100
$1.3B
$1.3B 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
$1.3B
$8.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$971.8M
2. Department of Transportation$110.4M
3. Department of Veterans Affairs$74.4M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$110.4M
2. TRIPLE CANOPY INC$23.2M
3. SOUTHWESTERN MICHIGAN COMMISSION$20.2M
Affordable
Housing Affordability
18.2%
of median income
1BR estimate$827
2BR estimate$1,089
Median income$66,603
Median home value$238,400
ACS context
Quick Facts
Population
2,077
Median age
45.5
Bachelor's degree+
35.5%
Poverty rate
14.5%
Labor force participation
53.3%
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
-3.0%
GDP CAGR
+4.0%
Federal flow
5 years
Population (5 years)
20202,416
20212,557
20222,378
20232,383
20242,077
GDP (5 years)
2020$8.0B
2021$8.4B
2022$9.0B
2023$9.5B
2024$9.7B
2-year linear forecast
Predictive Outlook
Population forecast
20242,077
20252,107 *
20262,021 *
R² = 59.1% · * projected
GDP forecast
2024$9.7B
2025$10.3B *
2026$10.7B *
R² = 98.3% · * 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$66,603/yr
Median rent$1,008/mo
Rent share of income18.2%
Est. mortgage (30yr, 6.5%)$14,466/yr
Mortgage share of income21.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg5.7%
U.S. avg5.2%
Labor force participation53.3%
Poverty rate14.5%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$238,400
Median monthly rent$1,008
Price-to-rent ratio19.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score44/100
Economic growth56/100
Labor market53/100
Population momentum0/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.