GDP / Output
+4.5% YoY
71
$60.3B
Output changed +4.5% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
63
4.2%
Unemployment is 4.2% for June 2026.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
-1.5% 5-year
41
6,218
Population moved -1.5% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
83
12.4%
Median rent consumes 12.4% 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
$10.9K per resident
100
$7.2B
$7.2B 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
$7.2B
$10.9K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$3.4B
2. Social Security Administration$3.1B
3. Department of Veterans Affairs$252.9M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$55.9M
2. CITY OF GRAND RAPIDS$52.4M
3. ALLIANT ENTERPRISES, LLC$45.9M
Affordable
Housing Affordability
12.4%
of median income
1BR estimate$911
2BR estimate$1,200
Median income$107,121
Median home value$334,400
ACS context
Quick Facts
Population
6,218
Median age
38.5
Bachelor's degree+
54.2%
Poverty rate
5.0%
Labor force participation
73.4%
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
-0.3%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
20206,310
20216,131
20226,144
20236,162
20246,218
GDP (5 years)
2020$45.3B
2021$48.8B
2022$53.9B
2023$57.7B
2024$60.3B
2-year linear forecast
Predictive Outlook
Population forecast
20246,218
20256,147 *
20266,132 *
R² = 10.9% · * projected
GDP forecast
2024$60.3B
2025$64.9B *
2026$68.8B *
R² = 99.0% · * 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$107,121/yr
Median rent$1,111/mo
Rent share of income12.4%
Est. mortgage (30yr, 6.5%)$20,291/yr
Mortgage share of income18.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.2%
State avg5.7%
U.S. avg5.2%
Labor force participation73.4%
Poverty rate5.0%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$334,400
Median monthly rent$1,111
Price-to-rent ratio25.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score63/100
Economic growth71/100
Labor market63/100
Population momentum41/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.