GDP / Output
+4.1% YoY
68
$3.2B
Output changed +4.1% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
65
4.1%
Unemployment is 4.1% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
-2.6% 5-year
34
7,715
Population moved -2.6% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
78
15.5%
Median rent consumes 15.5% 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
$6.9K per resident
90
$542.0M
$542.0M 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
$542.0M
$6.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$440.5M
2. Department of Defense$39.4M
3. Department of Veterans Affairs$36.3M
Top recipients
Dollars1. PECKHAM VOCATIONAL INDUSTRIES, INC.$37.4M
2. REDACTED DUE TO PII$9.8M
3. TRANSPORTATION, MICHIGAN DEPARTMENT OF$4.5M
Affordable
Housing Affordability
15.5%
of median income
1BR estimate$727
2BR estimate$958
Median income$68,728
Median home value$192,400
ACS context
Quick Facts
Population
7,715
Median age
44.3
Bachelor's degree+
26.5%
Poverty rate
12.5%
Labor force participation
59.2%
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
-0.5%
GDP CAGR
+6.4%
Federal flow
5 years
Population (5 years)
20207,920
20217,700
20227,711
20237,712
20247,715
GDP (5 years)
2020$2.3B
2021$2.6B
2022$2.8B
2023$3.0B
2024$3.2B
2-year linear forecast
Predictive Outlook
Population forecast
20247,715
20257,632 *
20267,592 *
R² = 44.5% · * projected
GDP forecast
2024$3.2B
2025$3.4B *
2026$3.6B *
R² = 98.4% · * 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$68,728/yr
Median rent$887/mo
Rent share of income15.5%
Est. mortgage (30yr, 6.5%)$11,675/yr
Mortgage share of income17.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.1%
State avg5.7%
U.S. avg5.2%
Labor force participation59.2%
Poverty rate12.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$192,400
Median monthly rent$887
Price-to-rent ratio18.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score60/100
Economic growth68/100
Labor market65/100
Population momentum34/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.