GDP / Output
+3.4% YoY
63
$853.7M
Output changed +3.4% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.5%
Unemployment is 10.5% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+2.1% 5-year
63
2,929
Population moved +2.1% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
72
19.8%
Median rent consumes 19.8% 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
$12.1K per resident
100
$283.1M
$283.1M 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
$283.1M
$12.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$250.9M
2. Department of Veterans Affairs$23.4M
3. Department of Health and Human Services$3.2M
Top recipients
Dollars1. MIDMICHIGAN HEALTH SERVICES$2.9M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$2.5M
3. REDACTED DUE TO PII$631.1K
Affordable
Housing Affordability
19.8%
of median income
1BR estimate$608
2BR estimate$800
Median income$44,871
Median home value$95,600
ACS context
Quick Facts
Population
2,929
Median age
52.9
Bachelor's degree+
10.8%
Poverty rate
32.8%
Labor force participation
35.7%
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
+5.9%
Federal flow
5 years
Population (5 years)
20202,868
20212,791
20222,822
20232,841
20242,929
GDP (5 years)
2020$642.1M
2021$669.4M
2022$703.9M
2023$825.9M
2024$853.7M
2-year linear forecast
Predictive Outlook
Population forecast
20242,929
20252,902 *
20262,919 *
R² = 27.1% · * projected
GDP forecast
2024$853.7M
2025$912.9M *
2026$970.9M *
R² = 92.9% · * 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$44,871/yr
Median rent$741/mo
Rent share of income19.8%
Est. mortgage (30yr, 6.5%)$5,801/yr
Mortgage share of income12.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.5%
State avg5.7%
U.S. avg5.2%
Labor force participation35.7%
Poverty rate32.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$95,600
Median monthly rent$741
Price-to-rent ratio10.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score44/100
Economic growth63/100
Labor market0/100
Population momentum63/100
Overall stability50/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.