GDP / Output
+4.2% YoY
68
$20.2B
Output changed +4.2% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
41
5.7%
Unemployment is 5.7% for June 2026.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+5.0% 5-year
80
8,284
Population moved +5.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
80
14.2%
Median rent consumes 14.2% 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
$7.4K per resident
94
$3.0B
$3.0B 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
$3.0B
$7.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.5B
2. Department of Veterans Affairs$202.2M
3. Department of Health and Human Services$100.9M
Top recipients
Dollars1. NANOGRAF CORPORATION$60.0M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$32.5M
3. REGENTS OF THE UNIVERSITY OF MICHIGAN$20.0M
Affordable
Housing Affordability
14.2%
of median income
1BR estimate$774
2BR estimate$1,020
Median income$80,025
Median home value$204,500
ACS context
Quick Facts
Population
8,284
Median age
39.6
Bachelor's degree+
30.3%
Poverty rate
7.0%
Labor force participation
59.1%
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
+1.0%
GDP CAGR
+4.6%
Federal flow
5 years
Population (5 years)
20207,891
20218,356
20228,349
20238,323
20248,284
GDP (5 years)
2020$16.1B
2021$16.8B
2022$17.9B
2023$19.4B
2024$20.2B
2-year linear forecast
Predictive Outlook
Population forecast
20248,284
20258,467 *
20268,542 *
R² = 36.4% · * projected
GDP forecast
2024$20.2B
2025$21.3B *
2026$22.3B *
R² = 98.6% · * 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$80,025/yr
Median rent$944/mo
Rent share of income14.2%
Est. mortgage (30yr, 6.5%)$12,409/yr
Mortgage share of income15.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.7%
State avg5.7%
U.S. avg5.2%
Labor force participation59.1%
Poverty rate7.0%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$204,500
Median monthly rent$944
Price-to-rent ratio18.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score63/100
Economic growth68/100
Labor market41/100
Population momentum80/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.