GDP / Output
+2.6% YoY
57
$2.4B
Output changed +2.6% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
11.7%
Unemployment is 11.7% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+7.9% 5-year
97
465
Population moved +7.9% 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
$7.4K per resident
94
$501.3M
$501.3M 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
$501.3M
$7.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$423.1M
2. Department of Veterans Affairs$38.4M
3. Department of Agriculture$10.7M
Top recipients
Dollars1. BAKER OF FLINT$10.2M
2. REDACTED DUE TO PII$8.7M
3. TRANSPORTATION, MICHIGAN DEPARTMENT OF$7.7M
Affordable
Housing Affordability
15.4%
of median income
1BR estimate$697
2BR estimate$918
Median income$66,111
Median home value$167,600
ACS context
Quick Facts
Population
465
Median age
41.5
Bachelor's degree+
11.0%
Poverty rate
17.4%
Labor force participation
57.2%
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
+1.5%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
2020431
2021462
2022384
2023397
2024465
GDP (5 years)
2020$1.7B
2021$1.9B
2022$2.2B
2023$2.3B
2024$2.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024465
2025429 *
2026429 *
R² = 0.0% · * projected
GDP forecast
2024$2.4B
2025$2.6B *
2026$2.8B *
R² = 95.1% · * 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$66,111/yr
Median rent$850/mo
Rent share of income15.4%
Est. mortgage (30yr, 6.5%)$10,170/yr
Mortgage share of income15.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate11.7%
State avg5.7%
U.S. avg5.2%
Labor force participation57.2%
Poverty rate17.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$167,600
Median monthly rent$850
Price-to-rent ratio16.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score50/100
Economic growth57/100
Labor market0/100
Population momentum97/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.