GDP / Output
+5.9% YoY
80
$9.1B
Output changed +5.9% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
76
3.0%
Unemployment is 3.0% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg4.1%
Population
-4.1% 5-year
25
3,488
Population moved -4.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
69
22.2%
Median rent consumes 22.2% 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
$8.6K per resident
100
$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
$8.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$772.0M
2. Department of Veterans Affairs$118.7M
3. Department of Defense$91.0M
Top recipients
Dollars1. C5MI INSIGHT LLC$26.9M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$13.3M
3. ACCENTURE FEDERAL SERVICES LLC$12.9M
Affordable
Housing Affordability
22.2%
of median income
1BR estimate$1,072
2BR estimate$1,412
Median income$70,652
Median home value$124,500
ACS context
Quick Facts
Population
3,488
Median age
37.6
Bachelor's degree+
14.9%
Poverty rate
12.3%
Labor force participation
58.2%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
-0.8%
GDP CAGR
+6.3%
Federal flow
5 years
Population (5 years)
20203,638
20213,349
20223,364
20233,367
20243,488
GDP (5 years)
2020$6.7B
2021$7.2B
2022$7.9B
2023$8.6B
2024$9.1B
2-year linear forecast
Predictive Outlook
Population forecast
20243,488
20253,357 *
20263,328 *
R² = 13.1% · * projected
GDP forecast
2024$9.1B
2025$9.8B *
2026$10.4B *
R² = 99.6% · * 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$70,652/yr
Median rent$1,307/mo
Rent share of income22.2%
Est. mortgage (30yr, 6.5%)$7,554/yr
Mortgage share of income10.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.0%
State avg4.9%
U.S. avg4.1%
Labor force participation58.2%
Poverty rate12.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$124,500
Median monthly rent$1,307
Price-to-rent ratio7.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score66/100
Economic growth80/100
Labor market76/100
Population momentum25/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.