GDP / Output
-0.5% YoY
35
$3.6B
Output changed -0.5% in 2024.
Vintage date unknown
State growth3.9%
U.S. growth5.3%
Jobs
Unemployment rate
43
5.2%
Unemployment is 5.2% for June 2026.
Vintage date unknown
State avg5.0%
U.S. avg4.2%
Population
+2.2% 5-year
63
2,851
Population moved +2.2% over the latest ACS window.
Vintage date unknown
State population10,077,761
U.S. population334,922,499
Housing
Rent share of income
81
13.4%
Median rent consumes 13.4% 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
$9.4K per resident
100
$623.7M
$623.7M 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
$623.7M
$9.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$396.7M
2. Department of Health and Human Services$91.8M
3. Department of Veterans Affairs$74.6M
Top recipients
Dollars1. NORTHERN MICHIGAN UNIVERSITY$17.4M
2. STATE OF MICHIGAN$11.1M
3. TRANSPORTATION, MICHIGAN DEPARTMENT OF$10.6M
Affordable
Housing Affordability
13.4%
of median income
1BR estimate$872
2BR estimate$1,148
Median income$95,129
Median home value$193,900
ACS context
Quick Facts
Population
2,851
Median age
41.5
Bachelor's degree+
33.6%
Poverty rate
5.0%
Labor force participation
60.8%
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
2026-07-30
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
+0.4%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
20202,790
20212,790
20222,713
20232,714
20242,851
GDP (5 years)
2020$2.8B
2021$3.2B
2022$3.4B
2023$3.6B
2024$3.6B
2-year linear forecast
Predictive Outlook
Population forecast
20242,851
20252,785 *
20262,790 *
R² = 1.5% · * projected
GDP forecast
2024$3.6B
2025$3.9B *
2026$4.1B *
R² = 86.3% · * 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$95,129/yr
Median rent$1,063/mo
Rent share of income13.4%
Est. mortgage (30yr, 6.5%)$11,766/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 rate5.2%
State avg5.0%
U.S. avg4.2%
Labor force participation60.8%
Poverty rate5.0%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$193,900
Median monthly rent$1,063
Price-to-rent ratio15.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score49/100
Economic growth35/100
Labor market43/100
Population momentum63/100
Overall stability60/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.