GDP / Output
+8.3% YoY
97
$971.2M
Output changed +8.3% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
29
6.5%
Unemployment is 6.5% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+11.0% 5-year
100
666
Population moved +11.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
92
6.0%
Median rent consumes 6.0% 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
$8.4K per resident
100
$197.3M
$197.3M 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
$197.3M
$8.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$162.8M
2. Department of Veterans Affairs$18.1M
3. Department of the Interior$3.2M
Top recipients
Dollars1. HANNAHVILLE INDIAN COMMUNITY$5.2M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$2.6M
3. MENOMINEE-DELTA-SCHOOLCRAFT COMMUNITY AC$2.4M
Affordable
Housing Affordability
6.0%
of median income
1BR estimate$274
2BR estimate$361
Median income$66,964
Median home value$82,700
ACS context
Quick Facts
Population
666
Median age
51.4
Bachelor's degree+
7.9%
Poverty rate
8.1%
Labor force participation
44.1%
Prime rate
7.0%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-17
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
+2.1%
GDP CAGR
+7.0%
Federal flow
5 years
Population (5 years)
2020600
2021642
2022611
2023621
2024666
GDP (5 years)
2020$694.0M
2021$774.5M
2022$875.0M
2023$896.4M
2024$971.2M
2-year linear forecast
Predictive Outlook
Population forecast
2024666
2025661 *
2026672 *
R² = 44.6% · * projected
GDP forecast
2024$971.2M
2025$1.0B *
2026$1.1B *
R² = 96.9% · * 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$66,964/yr
Median rent$334/mo
Rent share of income6.0%
Est. mortgage (30yr, 6.5%)$5,018/yr
Mortgage share of income7.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.5%
State avg5.7%
U.S. avg5.2%
Labor force participation44.1%
Poverty rate8.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$82,700
Median monthly rent$334
Price-to-rent ratio20.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score75/100
Economic growth97/100
Labor market29/100
Population momentum100/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.