GDP / Output
+2.2% YoY
54
$7.4B
Output changed +2.2% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
69
3.8%
Unemployment is 3.8% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
-19.1% 5-year
0
207
Population moved -19.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
86
10.0%
Median rent consumes 10.0% 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
$7.5K per resident
95
$1.2B
$1.2B 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
$1.2B
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.1B
2. Department of Veterans Affairs$98.0M
3. Railroad Retirement Board$13.3M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$13.3M
2. PH HOUSING COMMISSION$10.9M
3. ST CLAIR COUNTY COMMUNITY COLLEGE$7.1M
Affordable
Housing Affordability
10.0%
of median income
1BR estimate$820
2BR estimate$1,080
Median income$120,074
Median home value$145,800
ACS context
Quick Facts
Population
207
Median age
31.2
Bachelor's degree+
9.3%
Poverty rate
1.9%
Labor force participation
57.7%
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
Latest available
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
-4.2%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
2020256
2021282
2022244
2023213
2024207
GDP (5 years)
2020$5.7B
2021$6.3B
2022$6.8B
2023$7.3B
2024$7.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024207
2025190 *
2026174 *
R² = 72.4% · * projected
GDP forecast
2024$7.4B
2025$8.0B *
2026$8.5B *
R² = 96.3% · * 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$120,074/yr
Median rent$1,000/mo
Rent share of income10.0%
Est. mortgage (30yr, 6.5%)$8,847/yr
Mortgage share of income7.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.8%
State avg5.7%
U.S. avg5.2%
Labor force participation57.7%
Poverty rate1.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$145,800
Median monthly rent$1,000
Price-to-rent ratio12.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score49/100
Economic growth54/100
Labor market69/100
Population momentum0/100
Overall stability63/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.