GDP / Output
-3.6% YoY
14
$1.9B
Output changed -3.6% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
0
13.0%
Unemployment is 13.0% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.3%
Population
-5.4% 5-year
17
366
Population moved -5.4% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
71
20.8%
Median rent consumes 20.8% 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
$8.0K per resident
99
$414.3M
$414.3M 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
$414.3M
$8.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$335.6M
2. Department of Defense$20.2M
3. Department of Veterans Affairs$20.2M
Top recipients
Dollars1. JANELS INDUSTRIES INC$17.9M
2. TRANSPORTATION, MICHIGAN DEPARTMENT OF$8.6M
3. REDACTED DUE TO PII$6.2M
Affordable
Housing Affordability
20.8%
of median income
1BR estimate$998
2BR estimate$1,314
Median income$70,268
Median home value$77,500
ACS context
Quick Facts
Population
366
Median age
26.2
Bachelor's degree+
7.5%
Poverty rate
3.9%
Labor force participation
59.8%
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
-1.1%
GDP CAGR
+10.6%
Federal flow
5 years
Population (5 years)
2020387
2021353
2022389
2023369
2024366
GDP (5 years)
2020$1.1B
2021$1.3B
2022$1.6B
2023$2.0B
2024$1.9B
2-year linear forecast
Predictive Outlook
Population forecast
2024366
2025365 *
2026362 *
R² = 7.4% · * projected
GDP forecast
2024$1.9B
2025$2.2B *
2026$2.5B *
R² = 90.4% · * 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$70,268/yr
Median rent$1,217/mo
Rent share of income20.8%
Est. mortgage (30yr, 6.5%)$4,703/yr
Mortgage share of income6.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate13.0%
State avg5.0%
U.S. avg4.3%
Labor force participation59.8%
Poverty rate3.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$77,500
Median monthly rent$1,217
Price-to-rent ratio5.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score16/100
Economic growth14/100
Labor market0/100
Population momentum17/100
Overall stability33/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.