GDP / Output
+6.6% YoY
85
$692.9M
Output changed +6.6% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
100
1.6%
Unemployment is 1.6% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+15.5% 5-year
100
2,463
Population moved +15.5% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
84
11.3%
Median rent consumes 11.3% 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
$10.0K per resident
100
$108.0M
$108.0M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$126.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$108.0M
$10.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$89.5M
2. Department of Veterans Affairs$8.9M
3. Department of Transportation$4.1M
Top recipients
Dollars1. TRANSPORTATION, MICHIGAN DEPARTMENT OF$4.1M
2. SAULT STE MARIE TRIBE OF CHIPPEWA INDIANS$1.9M
3. RB CONSTRUCTION COMPANY$457.6K
Affordable
Housing Affordability
11.3%
of median income
1BR estimate$498
2BR estimate$656
Median income$64,663
Median home value$132,200
ACS context
Quick Facts
Population
2,463
Median age
48.8
Bachelor's degree+
18.1%
Poverty rate
24.6%
Labor force participation
55.1%
Prime rate
7.0%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-17
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
+2.9%
GDP CAGR
+10.1%
Federal flow
5 years
Population (5 years)
20202,133
20212,041
20222,233
20232,409
20242,463
GDP (5 years)
2020$427.6M
2021$535.3M
2022$605.4M
2023$649.9M
2024$692.9M
2-year linear forecast
Predictive Outlook
Population forecast
20242,463
20252,564 *
20262,667 *
R² = 82.5% · * projected
GDP forecast
2024$692.9M
2025$775.8M *
2026$840.3M *
R² = 95.7% · * 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$64,663/yr
Median rent$607/mo
Rent share of income11.3%
Est. mortgage (30yr, 6.5%)$8,022/yr
Mortgage share of income12.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.6%
State avg5.7%
U.S. avg5.2%
Labor force participation55.1%
Poverty rate24.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$132,200
Median monthly rent$607
Price-to-rent ratio18.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score94/100
Economic growth85/100
Labor market100/100
Population momentum100/100
Overall stability93/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.