GDP / Output
+2.4% YoY
56
$9.7B
Output changed +2.4% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
81
2.7%
Unemployment is 2.7% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-25.9% 5-year
0
823
Population moved -25.9% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
NA
Unavailable
Housing affordability could not be calculated.
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
$1.3B
$1.3B 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
$1.3B
$8.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$971.8M
2. Department of Transportation$110.4M
3. Department of Veterans Affairs$74.3M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$110.4M
2. TRIPLE CANOPY INC$23.2M
3. SOUTHWESTERN MICHIGAN COMMISSION$20.2M
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimateUnavailable
2BR estimateUnavailable
Median income$56,809
Median home value$255,800
ACS context
Quick Facts
Population
823
Median age
51.4
Bachelor's degree+
31.6%
Poverty rate
8.0%
Labor force participation
51.2%
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
-5.8%
GDP CAGR
+4.0%
Federal flow
5 years
Population (5 years)
20201,110
2021990
2022918
2023914
2024823
GDP (5 years)
2020$8.0B
2021$8.4B
2022$9.0B
2023$9.5B
2024$9.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024823
2025756 *
2026691 *
R² = 92.6% · * projected
GDP forecast
2024$9.7B
2025$10.3B *
2026$10.7B *
R² = 98.3% · * 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$56,809/yr
Est. mortgage (30yr, 6.5%)$15,522/yr
Mortgage share of income27.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.7%
State avg5.0%
U.S. avg4.3%
Labor force participation51.2%
Poverty rate8.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$255,800
composite score
Investment Climate
Investment climateModerate
Composite score52/100
Economic growth56/100
Labor market81/100
Population momentum0/100
Overall stability61/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.