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EconPulse

Local economy signal dashboard

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PLACEStable

St. Clair Shores, MI

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score65out of 100
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63
60
39
73
100

Population

58,140

Data freshness

Unknown

GDP / Output

+3.5% YoY

63

$54.2B

Output changed +3.5% in 2024.

Vintage date unknown

State growth3.9%
U.S. growth5.3%

Jobs

Unemployment rate

60

4.4%

Unemployment is 4.4% for Latest available.

Vintage date unknown

State avg5.7%
U.S. avg5.2%

Population

-1.8% 5-year

39

58,140

Population moved -1.8% over the latest ACS window.

Vintage date unknown

State population10,077,761
U.S. population334,922,499

Housing

Rent share of income

73

19.3%

Median rent consumes 19.3% 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

$8.7K per resident

100

$7.7B

$7.7B 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

$7.7B

$8.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.9B
2. Department of Defense$2.1B
3. Department of Veterans Affairs$358.4M

Top recipients

Dollars
1. GENERAL DYNAMICS LAND SYSTEMS INC.$1.4B
2. AMERICAN RHEINMETALL VEHICLES, LLC$203.4M
3. BAE SYSTEMS LAND AND ARMAMENTS L.P.$170.4M

Affordable

Housing Affordability

19.3%

of median income

1BR estimate$970
2BR estimate$1,278
Median income$73,500
Median home value$210,700

ACS context

Quick Facts

Population

58,140

Median age

43.8

Bachelor's degree+

29.7%

Poverty rate

8.4%

Labor force participation

64.1%

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

-0.4%

GDP CAGR

+6.3%

Federal flow

5 years

Population (5 years)
202059,184
202159,046
202258,656
202358,287
202458,140
GDP (5 years)
2020$40.0B
2021$43.6B
2022$47.6B
2023$52.3B
2024$54.2B

2-year linear forecast

Predictive Outlook

Population forecast

202458,140
202557,809 *
202657,524 *

R² = 97.3% · * projected

GDP forecast

2024$54.2B
2025$58.7B *
2026$62.4B *

R² = 98.6% · * 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$73,500/yr
Median rent$1,183/mo
Rent share of income19.3%
Est. mortgage (30yr, 6.5%)$12,785/yr
Mortgage share of income17.4%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.4%
State avg5.7%
U.S. avg5.2%
Labor force participation64.1%
Poverty rate8.4%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$210,700
Median monthly rent$1,183
Price-to-rent ratio14.8x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateModerate
Composite score58/100
Economic growth63/100
Labor market60/100
Population momentum39/100
Overall stability65/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

St. Clair Shores city, Michigan

City/Town

Part of

Detroit-Warren-Dearborn, MI

Nearby locations

Roseville, MIVillage of Grosse Pointe Shores, MIEastpointe, MIGrosse Pointe Woods, MIFraser, MI