GDP / Output
+4.4% YoY
70
$9.1B
Output changed +4.4% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
48
4.9%
Unemployment is 4.9% for June 2026.
Vintage date unknown
State avg5.0%
U.S. avg4.2%
Population
-3.0% 5-year
32
1,118
Population moved -3.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
78
15.7%
Median rent consumes 15.7% 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
$7.8K per resident
98
$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
$7.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$971.6M
2. Department of Veterans Affairs$75.1M
3. Department of Transportation$66.2M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$65.7M
2. CONSUMERS ENERGY COMPANY$19.9M
3. JACKSON COLLEGE$16.1M
Affordable
Housing Affordability
15.7%
of median income
1BR estimate$651
2BR estimate$858
Median income$60,625
Median home value$176,800
ACS context
Quick Facts
Population
1,118
Median age
33.6
Bachelor's degree+
19.8%
Poverty rate
13.5%
Labor force participation
64.7%
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
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
-0.6%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
20201,153
20211,029
20221,177
20231,156
20241,118
GDP (5 years)
2020$6.8B
2021$7.4B
2022$8.0B
2023$8.7B
2024$9.1B
2-year linear forecast
Predictive Outlook
Population forecast
20241,118
20251,144 *
20261,149 *
R² = 2.4% · * projected
GDP forecast
2024$9.1B
2025$9.7B *
2026$10.3B *
R² = 99.4% · * 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$60,625/yr
Median rent$794/mo
Rent share of income15.7%
Est. mortgage (30yr, 6.5%)$10,728/yr
Mortgage share of income17.7%
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 avg5.0%
U.S. avg4.2%
Labor force participation64.7%
Poverty rate13.5%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$176,800
Median monthly rent$794
Price-to-rent ratio18.6x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score55/100
Economic growth70/100
Labor market48/100
Population momentum32/100
Overall stability63/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.