GDP / Output
+5.8% YoY
80
$1.6B
Output changed +5.8% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
33
5.9%
Unemployment is 5.9% for April 2026.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-14.0% 5-year
0
154
Population moved -14.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
75
18.0%
Median rent consumes 18.0% 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
$9.9K per resident
100
$363.5M
$363.5M 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
$363.5M
$9.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$270.2M
2. Department of Veterans Affairs$41.5M
3. Department of Transportation$18.0M
Top recipients
Dollars1. SKYWEST AIRLINES INC$7.5M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$7.1M
3. SAULT STE MARIE TRIBE OF CHIPPEWA INDIANS$4.5M
Affordable
Housing Affordability
18.0%
of median income
1BR estimate$529
2BR estimate$697
Median income$42,917
Median home value$86,000
ACS context
Quick Facts
Population
154
Median age
47.0
Bachelor's degree+
21.7%
Poverty rate
11.0%
Labor force participation
48.6%
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
April 2026
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
-3.0%
GDP CAGR
+5.2%
Federal flow
5 years
Population (5 years)
2020179
2021153
2022169
2023163
2024154
GDP (5 years)
2020$1.3B
2021$1.4B
2022$1.5B
2023$1.5B
2024$1.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024154
2025152 *
2026148 *
R² = 34.0% · * projected
GDP forecast
2024$1.6B
2025$1.7B *
2026$1.8B *
R² = 98.8% · * 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$42,917/yr
Median rent$645/mo
Rent share of income18.0%
Est. mortgage (30yr, 6.5%)$5,218/yr
Mortgage share of income12.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.9%
State avg5.0%
U.S. avg4.3%
Labor force participation48.6%
Poverty rate11.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$86,000
Median monthly rent$645
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 score46/100
Economic growth80/100
Labor market33/100
Population momentum0/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.