GDP / Output
+4.8% YoY
73
$20.7B
Output changed +4.8% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
23.7%
Unemployment is 23.7% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-24.1% 5-year
0
723
Population moved -24.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
84
11.7%
Median rent consumes 11.7% 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
$6.5K per resident
87
$1.7B
$1.7B 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
$1.7B
$6.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$120.6M
3. Department of Education$52.1M
Top recipients
Dollars1. WESTERN MICHIGAN UNIVERSITY$26.4M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$25.7M
3. COUNTY OF KALAMAZOO$17.6M
Affordable
Housing Affordability
11.7%
of median income
1BR estimate$683
2BR estimate$900
Median income$85,313
Median home value$208,500
ACS context
Quick Facts
Population
723
Median age
35.4
Bachelor's degree+
22.8%
Poverty rate
8.3%
Labor force participation
59.4%
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
-5.4%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
2020953
2021873
2022797
2023790
2024723
GDP (5 years)
2020$15.9B
2021$17.2B
2022$18.7B
2023$19.8B
2024$20.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024723
2025664 *
2026610 *
R² = 94.9% · * projected
GDP forecast
2024$20.7B
2025$22.1B *
2026$23.3B *
R² = 99.3% · * 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$85,313/yr
Median rent$833/mo
Rent share of income11.7%
Est. mortgage (30yr, 6.5%)$12,651/yr
Mortgage share of income14.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate23.7%
State avg5.0%
U.S. avg4.3%
Labor force participation59.4%
Poverty rate8.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$208,500
Median monthly rent$833
Price-to-rent ratio20.9x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateWeak
Composite score33/100
Economic growth73/100
Labor market0/100
Population momentum0/100
Overall stability44/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.