GDP / Output
+4.8% YoY
73
$20.7B
Output changed +4.8% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
18
6.9%
Unemployment is 6.9% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-8.1% 5-year
1
2,023
Population moved -8.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
71
20.8%
Median rent consumes 20.8% 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
$6.5K per resident
87
$1.7B
$1.7B 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
$1.7B
$6.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$120.6M
3. Department of Education$52.1M
Top recipients
Dollars1. WESTERN MICHIGAN UNIVERSITY$26.4M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$25.7M
3. COUNTY OF KALAMAZOO$17.6M
Affordable
Housing Affordability
20.8%
of median income
1BR estimate$740
2BR estimate$975
Median income$52,153
Median home value$120,800
ACS context
Quick Facts
Population
2,023
Median age
39.4
Bachelor's degree+
10.0%
Poverty rate
25.7%
Labor force participation
55.3%
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
-1.7%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
20202,201
20212,146
20222,069
20232,122
20242,023
GDP (5 years)
2020$15.9B
2021$17.2B
2022$18.7B
2023$19.8B
2024$20.7B
2-year linear forecast
Predictive Outlook
Population forecast
20242,023
20251,998 *
20261,960 *
R² = 76.2% · * projected
GDP forecast
2024$20.7B
2025$22.1B *
2026$23.3B *
R² = 99.3% · * 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$52,153/yr
Median rent$903/mo
Rent share of income20.8%
Est. mortgage (30yr, 6.5%)$7,330/yr
Mortgage share of income14.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.9%
State avg5.0%
U.S. avg4.3%
Labor force participation55.3%
Poverty rate25.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$120,800
Median monthly rent$903
Price-to-rent ratio11.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score38/100
Economic growth73/100
Labor market18/100
Population momentum1/100
Overall stability47/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.