GDP / Output
+2.5% YoY
56
$2.0B
Output changed +2.5% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
9.6%
Unemployment is 9.6% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
+9.6% 5-year
100
513
Population moved +9.6% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
71
21.0%
Median rent consumes 21.0% 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
$6.5K per resident
87
$272.4M
$272.4M 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
$272.4M
$6.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$217.7M
2. Department of Veterans Affairs$24.2M
3. Department of Agriculture$15.5M
Top recipients
Dollars1. REDACTED DUE TO PII$12.0M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$3.7M
3. JACOBS ENGINEERING GROUP INC.$3.6M
Affordable
Housing Affordability
21.0%
of median income
1BR estimate$839
2BR estimate$1,105
Median income$58,333
Median home value$116,500
ACS context
Quick Facts
Population
513
Median age
32.8
Bachelor's degree+
12.0%
Poverty rate
21.6%
Labor force participation
61.5%
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
+5.4%
Federal flow
5 years
Population (5 years)
2020468
2021499
2022517
2023467
2024513
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.9B
2023$1.9B
2024$2.0B
2-year linear forecast
Predictive Outlook
Population forecast
2024513
2025510 *
2026516 *
R² = 14.5% · * projected
GDP forecast
2024$2.0B
2025$2.2B *
2026$2.3B *
R² = 93.7% · * 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$58,333/yr
Median rent$1,023/mo
Rent share of income21.0%
Est. mortgage (30yr, 6.5%)$7,069/yr
Mortgage share of income12.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate9.6%
State avg5.0%
U.S. avg4.3%
Labor force participation61.5%
Poverty rate21.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$116,500
Median monthly rent$1,023
Price-to-rent ratio9.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score50/100
Economic growth56/100
Labor market0/100
Population momentum100/100
Overall stability53/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.