GDP / Output
-1.0% YoY
32
$3.3B
Output changed -1.0% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
8.3%
Unemployment is 8.3% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-5.0% 5-year
20
2,458
Population moved -5.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
67
23.8%
Median rent consumes 23.8% 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
$8.5K per resident
100
$642.5M
$642.5M 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
$642.5M
$8.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$477.1M
2. Department of Agriculture$62.8M
3. Department of Veterans Affairs$43.0M
Top recipients
Dollars1. BURNETTE FOODS, INC.$23.7M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$19.9M
3. PACKERS CANNING CO INC$17.1M
Affordable
Housing Affordability
23.8%
of median income
1BR estimate$686
2BR estimate$904
Median income$42,171
Median home value$108,700
ACS context
Quick Facts
Population
2,458
Median age
29.7
Bachelor's degree+
6.9%
Poverty rate
16.3%
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
2026-06-10
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
-1.0%
GDP CAGR
+1.3%
Federal flow
5 years
Population (5 years)
20202,588
20212,473
20222,565
20232,312
20242,458
GDP (5 years)
2020$3.1B
2021$3.3B
2022$3.4B
2023$3.3B
2024$3.3B
2-year linear forecast
Predictive Outlook
Population forecast
20242,458
20252,353 *
20262,311 *
R² = 37.2% · * projected
GDP forecast
2024$3.3B
2025$3.4B *
2026$3.5B *
R² = 38.9% · * 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$42,171/yr
Median rent$837/mo
Rent share of income23.8%
Est. mortgage (30yr, 6.5%)$6,596/yr
Mortgage share of income15.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate8.3%
State avg5.0%
U.S. avg4.3%
Labor force participation56.7%
Poverty rate16.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$108,700
Median monthly rent$837
Price-to-rent ratio10.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score23/100
Economic growth32/100
Labor market0/100
Population momentum20/100
Overall stability36/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.