GDP / Output
+3.9% YoY
66
$129.9B
Output changed +3.9% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
98
1.9%
Unemployment is 1.9% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+8.3% 5-year
100
9,904
Population moved +8.3% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
85
10.5%
Median rent consumes 10.5% 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
$12.6K per resident
100
$22.6B
$22.6B 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
$22.6B
$12.6K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$10.3B
2. Social Security Administration$8.7B
3. General Services Administration$789.9M
Top recipients
Dollars1. CITY OF DETROIT$512.4M
2. FORD MOTOR CO$474.0M
3. GM DEFENSE LLC$320.7M
Affordable
Housing Affordability
10.5%
of median income
1BR estimate$1,155
2BR estimate$1,521
Median income$161,208
Median home value$442,000
ACS context
Quick Facts
Population
9,904
Median age
48.9
Bachelor's degree+
76.9%
Poverty rate
2.5%
Labor force participation
64.9%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
+1.6%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
20209,142
202110,018
202210,018
20239,957
20249,904
GDP (5 years)
2020$97.0B
2021$103.2B
2022$114.1B
2023$125.1B
2024$129.9B
2-year linear forecast
Predictive Outlook
Population forecast
20249,904
202510,247 *
202610,393 *
R² = 38.0% · * projected
GDP forecast
2024$129.9B
2025$140.2B *
2026$148.9B *
R² = 98.4% · * 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$161,208/yr
Median rent$1,408/mo
Rent share of income10.5%
Est. mortgage (30yr, 6.5%)$26,820/yr
Mortgage share of income16.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.9%
State avg5.7%
U.S. avg5.2%
Labor force participation64.9%
Poverty rate2.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$442,000
Median monthly rent$1,408
Price-to-rent ratio26.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score87/100
Economic growth66/100
Labor market98/100
Population momentum100/100
Overall stability89/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.