GDP / Output
-3.6% YoY
14
$1.9B
Output changed -3.6% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
32
6.0%
Unemployment is 6.0% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-2.5% 5-year
35
1,112
Population moved -2.5% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
74
18.4%
Median rent consumes 18.4% 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
$8.0K per resident
99
$414.3M
$414.3M 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
$414.3M
$8.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$335.6M
2. Department of Defense$20.2M
3. Department of Veterans Affairs$20.2M
Top recipients
Dollars1. JANELS INDUSTRIES INC$17.9M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$8.6M
3. REDACTED DUE TO PII$6.2M
Affordable
Housing Affordability
18.4%
of median income
1BR estimate$665
2BR estimate$876
Median income$52,917
Median home value$120,400
ACS context
Quick Facts
Population
1,112
Median age
35.2
Bachelor's degree+
8.6%
Poverty rate
16.4%
Labor force participation
63.6%
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
2026-06-10
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
-0.5%
GDP CAGR
+10.6%
Federal flow
5 years
Population (5 years)
20201,140
20211,254
20221,203
20231,113
20241,112
GDP (5 years)
2020$1.1B
2021$1.3B
2022$1.6B
2023$2.0B
2024$1.9B
2-year linear forecast
Predictive Outlook
Population forecast
20241,112
20251,105 *
20261,086 *
R² = 25.0% · * projected
GDP forecast
2024$1.9B
2025$2.2B *
2026$2.5B *
R² = 90.4% · * 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$52,917/yr
Median rent$811/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$7,306/yr
Mortgage share of income13.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.0%
State avg5.0%
U.S. avg4.3%
Labor force participation63.6%
Poverty rate16.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$120,400
Median monthly rent$811
Price-to-rent ratio12.4x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score31/100
Economic growth14/100
Labor market32/100
Population momentum35/100
Overall stability46/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.