GDP / Output
+2.6% YoY
57
$2.4B
Output changed +2.6% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.0%
Unemployment is 0.0% for Latest available.
Vintage date unknown
State avg5.7%
U.S. avg5.2%
Population
+39.4% 5-year
100
697
Population moved +39.4% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
70
21.5%
Median rent consumes 21.5% 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
$7.4K per resident
94
$501.3M
$501.3M 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
$501.3M
$7.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$423.1M
2. Department of Veterans Affairs$38.4M
3. Department of Agriculture$10.7M
Top recipients
Dollars1. BAKER OF FLINT$10.2M
2. REDACTED DUE TO PII$8.7M
3. TRANSPORTATION, MICHIGAN DEPARTMENT OF$7.7M
Affordable
Housing Affordability
21.5%
of median income
1BR estimate$1,025
2BR estimate$1,350
Median income$69,625
Median home value$133,400
ACS context
Quick Facts
Population
697
Median age
45.7
Bachelor's degree+
14.3%
Poverty rate
16.1%
Labor force participation
66.6%
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
+6.9%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
2020500
2021556
2022624
2023623
2024697
GDP (5 years)
2020$1.7B
2021$1.9B
2022$2.2B
2023$2.3B
2024$2.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024697
2025738 *
2026784 *
R² = 94.7% · * projected
GDP forecast
2024$2.4B
2025$2.6B *
2026$2.8B *
R² = 95.1% · * 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$69,625/yr
Median rent$1,250/mo
Rent share of income21.5%
Est. mortgage (30yr, 6.5%)$8,095/yr
Mortgage share of income11.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.0%
State avg5.7%
U.S. avg5.2%
Labor force participation66.6%
Poverty rate16.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$133,400
Median monthly rent$1,250
Price-to-rent ratio8.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score83/100
Economic growth57/100
Labor market100/100
Population momentum100/100
Overall stability83/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.