GDP / Output
+4.8% YoY
73
$7.4B
Output changed +4.8% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
12.8%
Unemployment is 12.8% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
+10.1% 5-year
100
1,844
Population moved +10.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
72
20.3%
Median rent consumes 20.3% 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
$12.5K per resident
100
$1.4B
$1.4B 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
$1.4B
$12.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$666.3M
2. Department of Health and Human Services$487.5M
3. Department of Veterans Affairs$61.9M
Top recipients
Dollars1. STATE OF MICHIGAN$58.4M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$34.4M
3. VEIR INC$29.3M
Affordable
Housing Affordability
20.3%
of median income
1BR estimate$759
2BR estimate$999
Median income$54,722
Median home value$154,900
ACS context
Quick Facts
Population
1,844
Median age
21.2
Bachelor's degree+
25.3%
Poverty rate
14.6%
Labor force participation
59.7%
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
+1.9%
GDP CAGR
+6.5%
Federal flow
5 years
Population (5 years)
20201,675
20211,610
20221,596
20231,633
20241,844
GDP (5 years)
2020$5.4B
2021$5.9B
2022$6.6B
2023$7.1B
2024$7.4B
2-year linear forecast
Predictive Outlook
Population forecast
20241,844
20251,780 *
20261,816 *
R² = 32.0% · * projected
GDP forecast
2024$7.4B
2025$8.1B *
2026$8.6B *
R² = 98.4% · * 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$54,722/yr
Median rent$925/mo
Rent share of income20.3%
Est. mortgage (30yr, 6.5%)$9,399/yr
Mortgage share of income17.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate12.8%
State avg5.0%
U.S. avg4.3%
Labor force participation59.7%
Poverty rate14.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$154,900
Median monthly rent$925
Price-to-rent ratio14.0x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score56/100
Economic growth73/100
Labor market0/100
Population momentum100/100
Overall stability58/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.