GDP / Output
+16.4% YoY
100
$677.7M
Output changed +16.4% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
9.1%
Unemployment is 9.1% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
-2.5% 5-year
35
706
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
89
7.6%
Median rent consumes 7.6% 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
$7.5K per resident
95
$112.4M
$112.4M 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
$112.4M
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$98.3M
2. Department of Veterans Affairs$7.9M
3. Department of Agriculture$3.4M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$2.3M
2. REDACTED DUE TO PII$1.3M
3. LITTLE TOWN JERKY COMPANY$1.0M
Affordable
Housing Affordability
7.6%
of median income
1BR estimate$244
2BR estimate$322
Median income$47,083
Median home value$141,700
ACS context
Quick Facts
Population
706
Median age
37.8
Bachelor's degree+
9.6%
Poverty rate
12.3%
Labor force participation
56.4%
Prime rate
7.0%
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
2026-09-17
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
+9.5%
Federal flow
5 years
Population (5 years)
2020724
2021753
2022747
2023825
2024706
GDP (5 years)
2020$430.4M
2021$490.3M
2022$555.4M
2023$582.2M
2024$677.7M
2-year linear forecast
Predictive Outlook
Population forecast
2024706
2025762 *
2026765 *
R² = 1.6% · * projected
GDP forecast
2024$677.7M
2025$723.2M *
2026$781.8M *
R² = 97.7% · * 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$47,083/yr
Median rent$298/mo
Rent share of income7.6%
Est. mortgage (30yr, 6.5%)$8,598/yr
Mortgage share of income18.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate9.1%
State avg4.9%
U.S. avg5.2%
Labor force participation56.4%
Poverty rate12.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$141,700
Median monthly rent$298
Price-to-rent ratio39.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score51/100
Economic growth100/100
Labor market0/100
Population momentum35/100
Overall stability57/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.