GDP / Output
+3.7% YoY
65
$143.1B
Output changed +3.7% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
90
2.1%
Unemployment is 2.1% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-0.2% 5-year
49
6,487
Population moved -0.2% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
81
13.3%
Median rent consumes 13.3% 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
$8.5K per resident
100
$10.9B
$10.9B 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
$10.9B
$8.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$7.2B
2. Department of Health and Human Services$2.8B
3. Department of Veterans Affairs$465.6M
Top recipients
Dollars1. FCA US LLC$254.3M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$186.2M
3. KELLY SERVICES, INC.$117.2M
Affordable
Housing Affordability
13.3%
of median income
1BR estimate$962
2BR estimate$1,267
Median income$105,713
Median home value$363,700
ACS context
Quick Facts
Population
6,487
Median age
41.1
Bachelor's degree+
49.6%
Poverty rate
7.6%
Labor force participation
63.2%
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
-0.0%
GDP CAGR
+5.5%
Federal flow
5 years
Population (5 years)
20206,502
20216,511
20226,483
20236,467
20246,487
GDP (5 years)
2020$109.6B
2021$117.6B
2022$127.3B
2023$138.0B
2024$143.1B
2-year linear forecast
Predictive Outlook
Population forecast
20246,487
20256,468 *
20266,460 *
R² = 46.7% · * projected
GDP forecast
2024$143.1B
2025$153.4B *
2026$162.1B *
R² = 99.0% · * 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$105,713/yr
Median rent$1,173/mo
Rent share of income13.3%
Est. mortgage (30yr, 6.5%)$22,069/yr
Mortgage share of income20.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.1%
State avg5.0%
U.S. avg4.3%
Labor force participation63.2%
Poverty rate7.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$363,700
Median monthly rent$1,173
Price-to-rent ratio25.8x
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 growth65/100
Labor market90/100
Population momentum49/100
Overall stability78/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.