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
17
7.3%
Unemployment is 7.3% for July 2026.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
+4.4% 5-year
77
16,094
Population moved +4.4% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
75
17.8%
Median rent consumes 17.8% 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$126.4B
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
17.8%
of median income
1BR estimate$1,541
2BR estimate$2,029
Median income$126,395
Median home value$342,100
ACS context
Quick Facts
Population
16,094
Median age
43.6
Bachelor's degree+
65.1%
Poverty rate
4.9%
Labor force participation
66.7%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
July 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
+0.9%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
202015,409
202116,353
202216,338
202316,177
202416,094
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
202416,094
202516,432 *
202616,552 *
R² = 23.7% · * 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$126,395/yr
Median rent$1,879/mo
Rent share of income17.8%
Est. mortgage (30yr, 6.5%)$20,758/yr
Mortgage share of income16.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.3%
State avg4.9%
U.S. avg5.2%
Labor force participation66.7%
Poverty rate4.9%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$342,100
Median monthly rent$1,879
Price-to-rent ratio15.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score54/100
Economic growth66/100
Labor market17/100
Population momentum77/100
Overall stability59/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.