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EconPulse

Local economy signal dashboard

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PLACEStable

Fennville, MI

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score65out of 100
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76
68
0
82
88

Population

1,623

Data freshness

Unknown

GDP / Output

+5.3% YoY

76

$6.7B

Output changed +5.3% in 2024.

Vintage date unknown

State growth3.9%
U.S. growth5.3%

Jobs

Unemployment rate

68

3.9%

Unemployment is 3.9% for June 2026.

Vintage date unknown

State avg5.7%
U.S. avg5.2%

Population

-16.3% 5-year

0

1,623

Population moved -16.3% over the latest ACS window.

Vintage date unknown

State population10,077,761
U.S. population334,922,499

Housing

Rent share of income

82

13.2%

Median rent consumes 13.2% 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

$801.2M

$801.2M 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

$801.2M

$6.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$697.5M
2. Department of Veterans Affairs$43.5M
3. Department of Agriculture$22.0M

Top recipients

Dollars
1. REDACTED DUE TO PII$18.4M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$15.3M
3. ALLEGAN COUNTY RESOURCE DEVELOPMENT COMMITTEE INC$6.5M

Affordable

Housing Affordability

13.2%

of median income

1BR estimate$533
2BR estimate$702
Median income$59,167
Median home value$150,400

ACS context

Quick Facts

Population

1,623

Median age

29.8

Bachelor's degree+

6.2%

Poverty rate

24.9%

Labor force participation

58.2%

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

-3.5%

GDP CAGR

+6.1%

Federal flow

5 years

Population (5 years)
20201,939
20211,874
20221,876
20231,880
20241,623
GDP (5 years)
2020$5.0B
2021$5.5B
2022$5.8B
2023$6.4B
2024$6.7B

2-year linear forecast

Predictive Outlook

Population forecast

20241,623
20251,651 *
20261,588 *

R² = 64.3% · * projected

GDP forecast

2024$6.7B
2025$7.2B *
2026$7.6B *

R² = 99.5% · * 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$59,167/yr
Median rent$650/mo
Rent share of income13.2%
Est. mortgage (30yr, 6.5%)$9,126/yr
Mortgage share of income15.4%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.9%
State avg5.7%
U.S. avg5.2%
Labor force participation58.2%
Poverty rate24.9%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$150,400
Median monthly rent$650
Price-to-rent ratio19.3x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score56/100
Economic growth76/100
Labor market68/100
Population momentum0/100
Overall stability65/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Fennville city, Michigan

City/Town

Part of

Holland, MI

Nearby locations

Douglas, MISaugatuck, MIHolland, MIBeechwood, MIAllegan, MI