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
77
3.3%
Unemployment is 3.3% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+1.9% 5-year
61
11,319
Population moved +1.9% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
81
13.3%
Median rent consumes 13.3% 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
13.3%
of median income
1BR estimate$1,131
2BR estimate$1,489
Median income$124,111
Median home value$473,100
ACS context
Quick Facts
Population
11,319
Median age
41.4
Bachelor's degree+
73.3%
Poverty rate
4.9%
Labor force participation
71.7%
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
+0.4%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
202011,108
202111,529
202211,513
202311,394
202411,319
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
202411,319
202511,459 *
202611,487 *
R² = 7.0% · * 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$124,111/yr
Median rent$1,379/mo
Rent share of income13.3%
Est. mortgage (30yr, 6.5%)$28,707/yr
Mortgage share of income23.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.3%
State avg5.7%
U.S. avg5.2%
Labor force participation71.7%
Poverty rate4.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$473,100
Median monthly rent$1,379
Price-to-rent ratio28.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score70/100
Economic growth66/100
Labor market77/100
Population momentum61/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.