GDP / Output
-0.5% YoY
35
$3.6B
Output changed -0.5% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
39
5.5%
Unemployment is 5.5% for April 2026.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
+0.4% 5-year
52
2,817
Population moved +0.4% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
78
15.4%
Median rent consumes 15.4% 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
$9.4K per resident
100
$623.6M
$623.6M 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
$623.6M
$9.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$396.7M
2. Department of Health and Human Services$91.8M
3. Department of Veterans Affairs$74.6M
Top recipients
Dollars1. NORTHERN MICHIGAN UNIVERSITY$17.4M
2. STATE OF MICHIGAN$11.1M
3. TRANSPORTATION, MICHIGAN DEPARTMENT OF$10.6M
Affordable
Housing Affordability
15.4%
of median income
1BR estimate$641
2BR estimate$845
Median income$60,833
Median home value$87,300
ACS context
Quick Facts
Population
2,817
Median age
32.7
Bachelor's degree+
17.2%
Poverty rate
13.9%
Labor force participation
60.1%
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
April 2026
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
+0.1%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
20202,807
20213,012
20222,833
20232,791
20242,817
GDP (5 years)
2020$2.8B
2021$3.2B
2022$3.4B
2023$3.6B
2024$3.6B
2-year linear forecast
Predictive Outlook
Population forecast
20242,817
20252,792 *
20262,772 *
R² = 12.3% · * projected
GDP forecast
2024$3.6B
2025$3.9B *
2026$4.1B *
R² = 86.3% · * 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$60,833/yr
Median rent$782/mo
Rent share of income15.4%
Est. mortgage (30yr, 6.5%)$5,297/yr
Mortgage share of income8.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.5%
State avg5.0%
U.S. avg4.3%
Labor force participation60.1%
Poverty rate13.9%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$87,300
Median monthly rent$782
Price-to-rent ratio9.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score45/100
Economic growth35/100
Labor market39/100
Population momentum52/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.