GDP / Output
+3.7% YoY
65
$143.1B
Output changed +3.7% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
45
5.1%
Unemployment is 5.1% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-9.1% 5-year
0
14,963
Population moved -9.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
67
23.5%
Median rent consumes 23.5% 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
$8.5K per resident
100
$10.9B
$10.9B 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
$10.9B
$8.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$7.2B
2. Department of Health and Human Services$2.8B
3. Department of Veterans Affairs$465.6M
Top recipients
Dollars1. FCA US LLC$254.3M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$186.2M
3. KELLY SERVICES, INC.$117.2M
Affordable
Housing Affordability
23.5%
of median income
1BR estimate$1,077
2BR estimate$1,419
Median income$67,073
Median home value$158,600
ACS context
Quick Facts
Population
14,963
Median age
37.5
Bachelor's degree+
27.0%
Poverty rate
12.3%
Labor force participation
69.4%
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
-1.9%
GDP CAGR
+5.5%
Federal flow
5 years
Population (5 years)
202016,452
202115,213
202215,065
202314,945
202414,963
GDP (5 years)
2020$109.6B
2021$117.6B
2022$127.3B
2023$138.0B
2024$143.1B
2-year linear forecast
Predictive Outlook
Population forecast
202414,963
202514,354 *
202614,029 *
R² = 64.8% · * projected
GDP forecast
2024$143.1B
2025$153.4B *
2026$162.1B *
R² = 99.0% · * 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$67,073/yr
Median rent$1,314/mo
Rent share of income23.5%
Est. mortgage (30yr, 6.5%)$9,624/yr
Mortgage share of income14.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.1%
State avg5.0%
U.S. avg4.3%
Labor force participation69.4%
Poverty rate12.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$158,600
Median monthly rent$1,314
Price-to-rent ratio10.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score44/100
Economic growth65/100
Labor market45/100
Population momentum0/100
Overall stability53/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.