GDP / Output
+4.8% YoY
72
$21.0B
Output changed +4.8% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
95
1.8%
Unemployment is 1.8% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
+0.0% 5-year
50
10,996
Population moved +0.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
74
18.6%
Median rent consumes 18.6% 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
$6.2K per resident
85
$1.8B
$1.8B 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
$1.8B
$6.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.6B
2. Department of Veterans Affairs$99.9M
3. Department of Education$56.8M
Top recipients
Dollars1. GRAND VALLEY STATE UNIVERSITY$59.6M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$11.1M
3. GREAT LAKES DOCK AND MATERIALS, L.L.C.$9.3M
Affordable
Housing Affordability
18.6%
of median income
1BR estimate$770
2BR estimate$1,014
Median income$60,669
Median home value$250,100
ACS context
Quick Facts
Population
10,996
Median age
46.8
Bachelor's degree+
36.7%
Poverty rate
14.5%
Labor force participation
56.7%
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
2026-06-16
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
+0.0%
GDP CAGR
+6.5%
Federal flow
5 years
Population (5 years)
202010,991
202110,935
202210,961
202310,966
202410,996
GDP (5 years)
2020$15.4B
2021$17.5B
2022$18.3B
2023$20.1B
2024$21.0B
2-year linear forecast
Predictive Outlook
Population forecast
202410,996
202510,982 *
202610,986 *
R² = 6.9% · * projected
GDP forecast
2024$21.0B
2025$22.6B *
2026$24.0B *
R² = 97.9% · * 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$60,669/yr
Median rent$939/mo
Rent share of income18.6%
Est. mortgage (30yr, 6.5%)$15,176/yr
Mortgage share of income25.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.8%
State avg5.0%
U.S. avg4.3%
Labor force participation56.7%
Poverty rate14.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$250,100
Median monthly rent$939
Price-to-rent ratio22.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score75/100
Economic growth72/100
Labor market95/100
Population momentum50/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.