GDP / Output
+2.4% YoY
56
$9.7B
Output changed +2.4% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
53
4.9%
Unemployment is 4.9% for June 2026.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+8.0% 5-year
98
568
Population moved +8.0% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
69
22.2%
Median rent consumes 22.2% 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
$8.4K per resident
100
$1.3B
$1.3B 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
$1.3B
$8.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$971.8M
2. Department of Transportation$110.4M
3. Department of Veterans Affairs$74.4M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$110.4M
2. TRIPLE CANOPY INC$23.2M
3. SOUTHWESTERN MICHIGAN COMMISSION$20.2M
Affordable
Housing Affordability
22.2%
of median income
1BR estimate$957
2BR estimate$1,260
Median income$62,976
Median home value$136,500
ACS context
Quick Facts
Population
568
Median age
37.5
Bachelor's degree+
26.4%
Poverty rate
20.4%
Labor force participation
65.2%
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
+1.5%
GDP CAGR
+4.0%
Federal flow
5 years
Population (5 years)
2020526
2021478
2022481
2023437
2024568
GDP (5 years)
2020$8.0B
2021$8.4B
2022$9.0B
2023$9.5B
2024$9.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024568
2025511 *
2026515 *
R² = 1.8% · * projected
GDP forecast
2024$9.7B
2025$10.3B *
2026$10.7B *
R² = 98.3% · * 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$62,976/yr
Median rent$1,167/mo
Rent share of income22.2%
Est. mortgage (30yr, 6.5%)$8,283/yr
Mortgage share of income13.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg5.7%
U.S. avg5.2%
Labor force participation65.2%
Poverty rate20.4%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$136,500
Median monthly rent$1,167
Price-to-rent ratio9.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score67/100
Economic growth56/100
Labor market53/100
Population momentum98/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.