GDP / Output
+1.3% YoY
48
$2.9B
Output changed +1.3% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
12
7.3%
Unemployment is 7.3% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-3.1% 5-year
32
2,154
Population moved -3.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
83
12.4%
Median rent consumes 12.4% 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
$6.6K per resident
88
$403.4M
$403.4M 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
$403.4M
$6.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$350.5M
2. Department of Veterans Affairs$23.5M
3. Department of Transportation$12.8M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$12.8M
2. REDACTED DUE TO PII$6.3M
3. GLEN OAKS COMMUNITY COLLEGE$2.2M
Affordable
Housing Affordability
12.4%
of median income
1BR estimate$619
2BR estimate$815
Median income$73,320
Median home value$115,200
ACS context
Quick Facts
Population
2,154
Median age
37.8
Bachelor's degree+
11.4%
Poverty rate
13.3%
Labor force participation
64.2%
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
-0.6%
GDP CAGR
+6.3%
Federal flow
5 years
Population (5 years)
20202,222
20212,099
20222,214
20232,196
20242,154
GDP (5 years)
2020$2.1B
2021$2.3B
2022$2.6B
2023$2.8B
2024$2.9B
2-year linear forecast
Predictive Outlook
Population forecast
20242,154
20252,165 *
20262,161 *
R² = 1.5% · * projected
GDP forecast
2024$2.9B
2025$3.2B *
2026$3.4B *
R² = 96.4% · * 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$73,320/yr
Median rent$755/mo
Rent share of income12.4%
Est. mortgage (30yr, 6.5%)$6,990/yr
Mortgage share of income9.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.3%
State avg5.0%
U.S. avg4.3%
Labor force participation64.2%
Poverty rate13.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$115,200
Median monthly rent$755
Price-to-rent ratio12.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score36/100
Economic growth48/100
Labor market12/100
Population momentum32/100
Overall stability48/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.