GDP / Output
+2.6% YoY
57
$2.4B
Output changed +2.6% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
27
6.6%
Unemployment is 6.6% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+8.6% 5-year
100
617
Population moved +8.6% 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
$7.4K per resident
94
$501.3M
$501.3M 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
$501.3M
$7.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$423.1M
2. Department of Veterans Affairs$38.4M
3. Department of Agriculture$10.7M
Top recipients
Dollars1. BAKER OF FLINT$10.2M
2. REDACTED DUE TO PII$8.7M
3. TRANSPORTATION, MICHIGAN DEPARTMENT OF$7.7M
Affordable
Housing Affordability
19.9%
of median income
1BR estimate$804
2BR estimate$1,058
Median income$58,958
Median home value$165,400
ACS context
Quick Facts
Population
617
Median age
37.5
Bachelor's degree+
18.1%
Poverty rate
12.4%
Labor force participation
67.7%
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
+1.7%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
2020568
2021585
2022604
2023654
2024617
GDP (5 years)
2020$1.7B
2021$1.9B
2022$2.2B
2023$2.3B
2024$2.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024617
2025656 *
2026672 *
R² = 64.7% · * projected
GDP forecast
2024$2.4B
2025$2.6B *
2026$2.8B *
R² = 95.1% · * 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$58,958/yr
Median rent$980/mo
Rent share of income19.9%
Est. mortgage (30yr, 6.5%)$10,036/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 rate6.6%
State avg5.7%
U.S. avg5.2%
Labor force participation67.7%
Poverty rate12.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$165,400
Median monthly rent$980
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 score59/100
Economic growth57/100
Labor market27/100
Population momentum100/100
Overall stability62/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.