GDP / Output
+3.6% YoY
64
$2.3B
Output changed +3.6% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
81
2.7%
Unemployment is 2.7% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-3.6% 5-year
28
3,790
Population moved -3.6% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
75
17.7%
Median rent consumes 17.7% 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
$6.0K per resident
83
$402.8M
$402.8M 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
$402.8M
$6.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$331.0M
2. Department of Veterans Affairs$28.8M
3. Department of Agriculture$16.2M
Top recipients
Dollars1. EIGHTCAP, INC.$12.1M
2. REDACTED DUE TO PII$8.9M
3. TRANSPORTATION, MICHIGAN DEPARTMENT OF$7.5M
Affordable
Housing Affordability
17.7%
of median income
1BR estimate$797
2BR estimate$1,050
Median income$65,845
Median home value$166,200
ACS context
Quick Facts
Population
3,790
Median age
39.9
Bachelor's degree+
28.2%
Poverty rate
7.3%
Labor force participation
56.7%
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
-0.7%
GDP CAGR
+8.6%
Federal flow
5 years
Population (5 years)
20203,931
20213,940
20223,816
20233,821
20243,790
GDP (5 years)
2020$1.5B
2021$1.7B
2022$2.0B
2023$2.2B
2024$2.3B
2-year linear forecast
Predictive Outlook
Population forecast
20243,790
20253,739 *
20263,699 *
R² = 81.2% · * projected
GDP forecast
2024$2.3B
2025$2.6B *
2026$2.8B *
R² = 98.0% · * 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$65,845/yr
Median rent$972/mo
Rent share of income17.7%
Est. mortgage (30yr, 6.5%)$10,085/yr
Mortgage share of income15.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.7%
State avg5.0%
U.S. avg4.3%
Labor force participation56.7%
Poverty rate7.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$166,200
Median monthly rent$972
Price-to-rent ratio14.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score62/100
Economic growth64/100
Labor market81/100
Population momentum28/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.