GDP / Output
+5.5% YoY
77
$2.6B
Output changed +5.5% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
10
7.4%
Unemployment is 7.4% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-27.0% 5-year
0
73
Population moved -27.0% 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
$8.7K per resident
100
$298.1M
$298.1M 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
$298.1M
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$253.5M
2. Department of Veterans Affairs$18.3M
3. Department of the Interior$10.5M
Top recipients
Dollars1. LITTLE TRAVERSE BAY BANDS OF ODAWA INDIANS$13.8M
2. SKYWEST AIRLINES INC$3.2M
3. NORTH CENTRAL MICHIGAN COLLEGE$2.5M
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimateUnavailable
2BR estimateUnavailable
Median income$40,156
Median home value$75,000
ACS context
Quick Facts
Population
73
Median age
41.6
Bachelor's degree+
20.0%
Poverty rate
9.6%
Labor force participation
49.1%
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
2026-06-16
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
-6.1%
GDP CAGR
+7.5%
Federal flow
5 years
Population (5 years)
2020100
202145
202252
202390
202473
GDP (5 years)
2020$1.8B
2021$2.1B
2022$2.2B
2023$2.4B
2024$2.6B
2-year linear forecast
Predictive Outlook
Population forecast
202473
202569 *
202668 *
R² = 0.4% · * projected
GDP forecast
2024$2.6B
2025$2.8B *
2026$3.0B *
R² = 98.4% · * 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$40,156/yr
Est. mortgage (30yr, 6.5%)$4,551/yr
Mortgage share of income11.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.4%
State avg5.0%
U.S. avg4.3%
Labor force participation49.1%
Poverty rate9.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$75,000
composite score
Investment Climate
Investment climateModerate
Composite score35/100
Economic growth77/100
Labor market10/100
Population momentum0/100
Overall stability38/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.