GDP / Output
+4.4% YoY
70
$9.1B
Output changed +4.4% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.0%
Unemployment is 10.0% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
+2.7% 5-year
66
871
Population moved +2.7% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
66
23.9%
Median rent consumes 23.9% 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
$7.8K per resident
98
$1.3B
$1.3B 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
$1.3B
$7.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$971.6M
2. Department of Veterans Affairs$75.1M
3. Department of Transportation$66.2M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$65.7M
2. CONSUMERS ENERGY COMPANY$19.9M
3. JACKSON COLLEGE$16.1M
Affordable
Housing Affordability
23.9%
of median income
1BR estimate$759
2BR estimate$1,000
Median income$46,417
Median home value$99,200
ACS context
Quick Facts
Population
871
Median age
33.0
Bachelor's degree+
7.3%
Poverty rate
25.0%
Labor force participation
54.8%
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
+0.5%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020848
2021843
2022921
2023822
2024871
GDP (5 years)
2020$6.8B
2021$7.4B
2022$8.0B
2023$8.7B
2024$9.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024871
2025869 *
2026871 *
R² = 1.1% · * projected
GDP forecast
2024$9.1B
2025$9.7B *
2026$10.3B *
R² = 99.4% · * 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$46,417/yr
Median rent$926/mo
Rent share of income23.9%
Est. mortgage (30yr, 6.5%)$6,019/yr
Mortgage share of income13.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.0%
State avg5.0%
U.S. avg4.3%
Labor force participation54.8%
Poverty rate25.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$99,200
Median monthly rent$926
Price-to-rent ratio8.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score47/100
Economic growth70/100
Labor market0/100
Population momentum66/100
Overall stability50/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.