GDP / Output
+5.8% YoY
80
$1.7B
Output changed +5.8% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
96
2.0%
Unemployment is 2.0% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+24.2% 5-year
100
812
Population moved +24.2% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
71
20.7%
Median rent consumes 20.7% 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
$8.3K per resident
100
$336.1M
$336.1M 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
$336.1M
$8.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$275.7M
2. Department of Veterans Affairs$22.0M
3. Department of Agriculture$17.2M
Top recipients
Dollars1. REDACTED DUE TO PII$14.5M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$13.8M
3. MCKENZIE MEMORIAL HOSPITAL$1.7M
Affordable
Housing Affordability
20.7%
of median income
1BR estimate$738
2BR estimate$972
Median income$52,083
Median home value$158,800
ACS context
Quick Facts
Population
812
Median age
51.2
Bachelor's degree+
24.7%
Poverty rate
11.7%
Labor force participation
51.3%
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
Latest available
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
+4.4%
GDP CAGR
+7.5%
Federal flow
5 years
Population (5 years)
2020654
2021681
2022792
2023787
2024812
GDP (5 years)
2020$1.2B
2021$1.4B
2022$1.6B
2023$1.7B
2024$1.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024812
2025872 *
2026914 *
R² = 85.5% · * projected
GDP forecast
2024$1.7B
2025$1.9B *
2026$2.0B *
R² = 97.1% · * 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$52,083/yr
Median rent$900/mo
Rent share of income20.7%
Est. mortgage (30yr, 6.5%)$9,636/yr
Mortgage share of income18.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.0%
State avg5.7%
U.S. avg5.2%
Labor force participation51.3%
Poverty rate11.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$158,800
Median monthly rent$900
Price-to-rent ratio14.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score90/100
Economic growth80/100
Labor market96/100
Population momentum100/100
Overall stability88/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.