GDP / Output
+1.1% YoY
47
$5.8B
Output changed +1.1% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
Jobs
Unemployment rate
100
1.1%
Unemployment is 1.1% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg4.3%
Population
-1.7% 5-year
40
1,358
Population moved -1.7% over the latest ACS window.
Vintage date unknown
State population6,851,073
U.S. population334,922,499
Housing
Rent share of income
74
18.4%
Median rent consumes 18.4% 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
$7.3K per resident
94
$822.3M
$822.3M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$822.3M
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$643.2M
2. Department of Transportation$81.2M
3. Department of Veterans Affairs$48.2M
Top recipients
Dollars1. INDIANA DEPARTMENT OF TRANSPORTATION$80.8M
2. REDACTED DUE TO PII$9.7M
3. HOUSING AUTHORITY OF THE CITY OF MICHIGAN CITY INDIANA$3.7M
Affordable
Housing Affordability
18.4%
of median income
1BR estimate$729
2BR estimate$960
Median income$57,830
Median home value$120,500
ACS context
Quick Facts
Population
1,358
Median age
33.5
Bachelor's degree+
7.3%
Poverty rate
26.7%
Labor force participation
56.9%
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
-0.3%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
20201,381
20211,471
20221,391
20231,313
20241,358
GDP (5 years)
2020$4.2B
2021$4.8B
2022$5.2B
2023$5.7B
2024$5.8B
2-year linear forecast
Predictive Outlook
Population forecast
20241,358
20251,322 *
20261,301 *
R² = 31.2% · * projected
GDP forecast
2024$5.8B
2025$6.4B *
2026$6.8B *
R² = 95.5% · * 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$57,830/yr
Median rent$889/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$7,312/yr
Mortgage share of income12.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.1%
State avg3.2%
U.S. avg4.3%
Labor force participation56.9%
Poverty rate26.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$120,500
Median monthly rent$889
Price-to-rent ratio11.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score65/100
Economic growth47/100
Labor market100/100
Population momentum40/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.