GDP / Output
+2.2% YoY
54
$169.2M
Output changed +2.2% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
15.4%
Unemployment is 15.4% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-38.7% 5-year
0
76
Population moved -38.7% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
NA
Unavailable
Housing affordability could not be calculated.
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
$14.4K per resident
100
$83.6M
$83.6M 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
$83.6M
$14.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$57.0M
2. Department of Transportation$10.5M
3. Department of Veterans Affairs$9.4M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$10.5M
2. CATHERINES HEALTH CENTER$2.3M
3. UPPER PENINSULA POWER COMPANY$680.0K
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimateUnavailable
2BR estimateUnavailable
Median income$42,500
Median home value$60,000
ACS context
Quick Facts
Population
76
Median age
64.5
Bachelor's degree+
7.4%
Poverty rate
13.2%
Labor force participation
36.1%
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
-9.3%
GDP CAGR
+4.8%
Federal flow
5 years
Population (5 years)
2020124
2021125
2022129
2023116
202476
GDP (5 years)
2020$133.9M
2021$151.4M
2022$158.9M
2023$165.6M
2024$169.2M
2-year linear forecast
Predictive Outlook
Population forecast
202476
202583 *
202672 *
R² = 58.2% · * projected
GDP forecast
2024$169.2M
2025$181.2M *
2026$189.7M *
R² = 91.7% · * 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$42,500/yr
Est. mortgage (30yr, 6.5%)$3,641/yr
Mortgage share of income8.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate15.4%
State avg5.0%
U.S. avg4.3%
Labor force participation36.1%
Poverty rate13.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$60,000
composite score
Investment Climate
Investment climateWeak
Composite score23/100
Economic growth54/100
Labor market0/100
Population momentum0/100
Overall stability28/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.