GDP / Output
-0.5% YoY
36
$1.8B
Output changed -0.5% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
23
6.9%
Unemployment is 6.9% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+11.8% 5-year
100
398
Population moved +11.8% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
71
21.0%
Median rent consumes 21.0% 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
$7.9K per resident
98
$419.9M
$419.9M 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
$419.9M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$357.5M
2. Department of Veterans Affairs$37.0M
3. Department of Agriculture$13.3M
Top recipients
Dollars1. REDACTED DUE TO PII$10.5M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$7.2M
3. HUMAN DEVELOPMENT COMMISSION$3.4M
Affordable
Housing Affordability
21.0%
of median income
1BR estimate$691
2BR estimate$910
Median income$48,083
Median home value$101,000
ACS context
Quick Facts
Population
398
Median age
33.7
Bachelor's degree+
12.1%
Poverty rate
21.6%
Labor force participation
51.9%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
+2.3%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
2020356
2021342
2022352
2023398
2024398
GDP (5 years)
2020$1.3B
2021$1.5B
2022$1.7B
2023$1.8B
2024$1.8B
2-year linear forecast
Predictive Outlook
Population forecast
2024398
2025411 *
2026425 *
R² = 68.3% · * projected
GDP forecast
2024$1.8B
2025$1.9B *
2026$2.1B *
R² = 91.3% · * 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$48,083/yr
Median rent$843/mo
Rent share of income21.0%
Est. mortgage (30yr, 6.5%)$6,129/yr
Mortgage share of income12.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.9%
State avg5.7%
U.S. avg5.2%
Labor force participation51.9%
Poverty rate21.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$101,000
Median monthly rent$843
Price-to-rent ratio10.0x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score51/100
Economic growth36/100
Labor market23/100
Population momentum100/100
Overall stability57/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.