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EconPulse

Local economy signal dashboard

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PLACEThriving

Manitou Beach-Devils Lake, MI

Thriving overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score73out of 100
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69
49
100
81
93

Population

2,103

Data freshness

Unknown

GDP / Output

+4.3% YoY

69

$4.2B

Output changed +4.3% in 2024.

Vintage date unknown

State growth3.9%
U.S. growth5.3%

Jobs

Unemployment rate

49

4.8%

Unemployment is 4.8% for June 2026.

Vintage date unknown

State avg5.0%
U.S. avg4.2%

Population

+9.4% 5-year

100

2,103

Population moved +9.4% over the latest ACS window.

Vintage date unknown

State population10,077,761
U.S. population334,922,499

Housing

Rent share of income

81

13.8%

Median rent consumes 13.8% 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

$7.3K per resident

93

$722.0M

$722.0M 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

$722.0M

$7.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$625.3M
2. Department of Veterans Affairs$53.8M
3. Department of Agriculture$13.7M

Top recipients

Dollars
1. REDACTED DUE TO PII$13.2M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$8.2M
3. SIENA HEIGHTS UNIVERSITY$4.6M

Affordable

Housing Affordability

13.8%

of median income

1BR estimate$790
2BR estimate$1,040
Median income$83,980
Median home value$260,300

ACS context

Quick Facts

Population

2,103

Median age

58.5

Bachelor's degree+

42.6%

Poverty rate

10.9%

Labor force participation

58.8%

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

June 2026

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

+1.8%

GDP CAGR

+5.8%

Federal flow

5 years

Population (5 years)
20201,923
20211,821
20221,807
20232,062
20242,103
GDP (5 years)
2020$3.2B
2021$3.5B
2022$3.8B
2023$4.1B
2024$4.2B

2-year linear forecast

Predictive Outlook

Population forecast

20242,103
20252,124 *
20262,184 *

R² = 49.1% · * projected

GDP forecast

2024$4.2B
2025$4.6B *
2026$4.8B *

R² = 98.9% · * 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$83,980/yr
Median rent$963/mo
Rent share of income13.8%
Est. mortgage (30yr, 6.5%)$15,795/yr
Mortgage share of income18.8%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.8%
State avg5.0%
U.S. avg4.2%
Labor force participation58.8%
Poverty rate10.9%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$260,300
Median monthly rent$963
Price-to-rent ratio22.5x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score71/100
Economic growth69/100
Labor market49/100
Population momentum100/100
Overall stability73/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Manitou Beach-Devils Lake CDP, Michigan

City/Town

Part of

Adrian, MI

Nearby locations

Addison, MIOnsted, MICement City, MIVineyard Lake, MIClayton, MI