GDP / Output
+3.7% YoY
65
$331.7M
Output changed +3.7% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.3%
Unemployment is 10.3% for April 2026.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-11.8% 5-year
0
135
Population moved -11.8% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
75
17.7%
Median rent consumes 17.7% 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
$11.1K per resident
100
$98.4M
$98.4M 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
$98.4M
$11.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$68.2M
2. Department of the Interior$9.4M
3. Department of Veterans Affairs$8.3M
Top recipients
Dollars1. SAULT STE MARIE TRIBE OF CHIPPEWA INDIANS$8.7M
2. CITY OF MUNISING$3.1M
3. TOWNSHIP OF BURT$1.6M
Affordable
Housing Affordability
17.7%
of median income
1BR estimate$585
2BR estimate$770
Median income$48,438
Median home value$131,300
ACS context
Quick Facts
Population
135
Median age
62.0
Bachelor's degree+
20.0%
Poverty rate
15.7%
Labor force participation
39.5%
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
April 2026
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
-2.5%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020153
2021160
2022116
2023123
2024135
GDP (5 years)
2020$248.9M
2021$277.3M
2022$306.3M
2023$319.9M
2024$331.7M
2-year linear forecast
Predictive Outlook
Population forecast
2024135
2025116 *
2026108 *
R² = 37.4% · * projected
GDP forecast
2024$331.7M
2025$359.3M *
2026$380.1M *
R² = 96.0% · * 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$48,438/yr
Median rent$713/mo
Rent share of income17.7%
Est. mortgage (30yr, 6.5%)$7,967/yr
Mortgage share of income16.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.3%
State avg5.0%
U.S. avg4.3%
Labor force participation39.5%
Poverty rate15.7%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$131,300
Median monthly rent$713
Price-to-rent ratio15.3x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score30/100
Economic growth65/100
Labor market0/100
Population momentum0/100
Overall stability42/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.