GDP / Output
-1.0% YoY
32
$3.3B
Output changed -1.0% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
20
6.8%
Unemployment is 6.8% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-25.3% 5-year
0
595
Population moved -25.3% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
76
17.1%
Median rent consumes 17.1% 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
$8.5K per resident
100
$642.5M
$642.5M 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
$642.5M
$8.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$477.1M
2. Department of Agriculture$62.8M
3. Department of Veterans Affairs$43.0M
Top recipients
Dollars1. BURNETTE FOODS, INC.$23.7M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$19.9M
3. PACKERS CANNING CO INC$17.1M
Affordable
Housing Affordability
17.1%
of median income
1BR estimate$517
2BR estimate$680
Median income$44,250
Median home value$104,200
ACS context
Quick Facts
Population
595
Median age
51.4
Bachelor's degree+
12.4%
Poverty rate
22.8%
Labor force participation
52.4%
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
-5.7%
GDP CAGR
+1.3%
Federal flow
5 years
Population (5 years)
2020796
2021828
2022665
2023598
2024595
GDP (5 years)
2020$3.1B
2021$3.3B
2022$3.4B
2023$3.3B
2024$3.3B
2-year linear forecast
Predictive Outlook
Population forecast
2024595
2025507 *
2026444 *
R² = 82.9% · * projected
GDP forecast
2024$3.3B
2025$3.4B *
2026$3.5B *
R² = 38.9% · * 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$44,250/yr
Median rent$630/mo
Rent share of income17.1%
Est. mortgage (30yr, 6.5%)$6,323/yr
Mortgage share of income14.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.8%
State avg5.0%
U.S. avg4.3%
Labor force participation52.4%
Poverty rate22.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$104,200
Median monthly rent$630
Price-to-rent ratio13.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score25/100
Economic growth32/100
Labor market20/100
Population momentum0/100
Overall stability41/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.