GDP / Output
+3.3% YoY
62
$8.1B
Output changed +3.3% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
96
2.0%
Unemployment is 2.0% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg5.2%
Population
-0.2% 5-year
49
9,955
Population moved -0.2% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
80
14.6%
Median rent consumes 14.6% 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
$8.0K per resident
99
$1.2B
$1.2B 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
$1.2B
$8.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$961.1M
2. Department of Transportation$89.3M
3. Department of Veterans Affairs$79.8M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$89.3M
2. TS CONDUCTOR CORP.$28.2M
3. REDACTED DUE TO PII$10.6M
Affordable
Housing Affordability
14.6%
of median income
1BR estimate$1,023
2BR estimate$1,348
Median income$102,521
Median home value$256,400
ACS context
Quick Facts
Population
9,955
Median age
46.4
Bachelor's degree+
30.2%
Poverty rate
5.6%
Labor force participation
60.6%
Prime rate
7.0%
CPI YoY
Unavailable
U.S. GDP YoY
+6.3%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-10-27
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
-0.0%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
20209,970
202110,049
20229,846
20239,708
20249,955
GDP (5 years)
2020$5.9B
2021$6.7B
2022$7.4B
2023$7.9B
2024$8.1B
2-year linear forecast
Predictive Outlook
Population forecast
20249,955
20259,794 *
20269,757 *
R² = 19.7% · * projected
GDP forecast
2024$8.1B
2025$8.9B *
2026$9.5B *
R² = 96.6% · * 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$102,521/yr
Median rent$1,248/mo
Rent share of income14.6%
Est. mortgage (30yr, 6.5%)$15,558/yr
Mortgage share of income15.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.0%
State avg5.0%
U.S. avg5.2%
Labor force participation60.6%
Poverty rate5.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$256,400
Median monthly rent$1,248
Price-to-rent ratio17.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score72/100
Economic growth62/100
Labor market96/100
Population momentum49/100
Overall stability78/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.