GDP / Output
+3.9% YoY
66
$129.9B
Output changed +3.9% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
24
6.5%
Unemployment is 6.5% for June 2026.
Vintage date unknown
State avg5.0%
U.S. avg4.2%
Population
+2.5% 5-year
65
17,310
Population moved +2.5% 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
$12.6K per resident
100
$22.6B
$22.6B 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
$22.6B
$12.6K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$10.3B
2. Social Security Administration$8.7B
3. General Services Administration$789.9M
Top recipients
Dollars1. CITY OF DETROIT$512.4M
2. FORD MOTOR CO$474.0M
3. GM DEFENSE LLC$320.7M
Affordable
Housing Affordability
19.8%
of median income
1BR estimate$799
2BR estimate$1,052
Median income$59,038
Median home value$157,800
ACS context
Quick Facts
Population
17,310
Median age
42.5
Bachelor's degree+
17.5%
Poverty rate
15.7%
Labor force participation
61.1%
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
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-29
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
+6.0%
Federal flow
5 years
Population (5 years)
202016,894
202117,624
202217,568
202317,413
202417,310
GDP (5 years)
2020$97.0B
2021$103.2B
2022$114.1B
2023$125.1B
2024$129.9B
2-year linear forecast
Predictive Outlook
Population forecast
202417,310
202517,548 *
202617,610 *
R² = 11.5% · * projected
GDP forecast
2024$129.9B
2025$140.2B *
2026$148.9B *
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$59,038/yr
Median rent$974/mo
Rent share of income19.8%
Est. mortgage (30yr, 6.5%)$9,575/yr
Mortgage share of income16.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.5%
State avg5.0%
U.S. avg4.2%
Labor force participation61.1%
Poverty rate15.7%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$157,800
Median monthly rent$974
Price-to-rent ratio13.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score53/100
Economic growth66/100
Labor market24/100
Population momentum65/100
Overall stability58/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.