GDP / Output
+4.5% YoY
71
$60.3B
Output changed +4.5% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
16.3%
Unemployment is 16.3% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
+174.2% 5-year
100
510
Population moved +174.2% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
NA
Unavailable
Housing affordability could not be calculated.
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
$10.9K per resident
100
$7.2B
$7.2B 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
$7.2B
$10.9K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$3.4B
2. Social Security Administration$3.1B
3. Department of Veterans Affairs$252.4M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$55.9M
2. CITY OF GRAND RAPIDS$52.4M
3. ALLIANT ENTERPRISES, LLC$45.9M
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home valueUnavailable
ACS context
Quick Facts
Population
510
Median age
23.5
Bachelor's degree+
58.4%
Poverty rate
0.0%
Labor force participation
96.8%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+22.4%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020186
2021161
2022196
2023168
2024510
GDP (5 years)
2020$45.3B
2021$48.8B
2022$53.9B
2023$57.7B
2024$60.3B
2-year linear forecast
Predictive Outlook
Population forecast
2024510
2025441 *
2026506 *
R² = 48.2% · * projected
GDP forecast
2024$60.3B
2025$64.9B *
2026$68.8B *
R² = 99.0% · * 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 + income analysis
Cost of Living
Income and housing cost data unavailable for this geography.
employment snapshot
Job Market
Unemployment rate16.3%
State avg5.0%
U.S. avg4.3%
Labor force participation96.8%
Poverty rate0.0%
Data from BLS LAUS / CPS. Latest available.
valuation indicators
Real Estate
Home value and rent data unavailable for this geography.
composite score
Investment Climate
Investment climateModerate
Composite score54/100
Economic growth71/100
Labor market0/100
Population momentum100/100
Overall stability52/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.