GDP / Output
+4.6% YoY
71
$19.4B
Output changed +4.6% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
0
17.4%
Unemployment is 17.4% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
-7.1% 5-year
8
1,288
Population moved -7.1% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
68
22.9%
Median rent consumes 22.9% of median household income: Affordable.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$8.1K per resident
100
$2.2B
$2.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.2B
$8.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.6B
2. Department of Transportation$305.8M
3. Department of Veterans Affairs$115.0M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$42.9M
2. ATLANTIC CITY HOUSING AUTHORITY & URBAN REDEVELOPMENT AGENCY$26.5M
3. SCALFO ELECTRIC INC.$26.4M
Affordable
Housing Affordability
22.9%
of median income
1BR estimate$1,323
2BR estimate$1,743
Median income$84,554
Median home value$334,400
ACS context
Quick Facts
Population
1,288
Median age
49.7
Bachelor's degree+
28.0%
Poverty rate
7.7%
Labor force participation
73.3%
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
2026-06-16
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
-1.5%
GDP CAGR
+7.0%
Federal flow
5 years
Population (5 years)
20201,386
20211,444
20221,285
20231,512
20241,288
GDP (5 years)
2020$13.8B
2021$15.7B
2022$17.3B
2023$18.6B
2024$19.4B
2-year linear forecast
Predictive Outlook
Population forecast
20241,288
20251,345 *
20261,332 *
R² = 4.2% · * projected
GDP forecast
2024$19.4B
2025$21.2B *
2026$22.6B *
R² = 97.9% · * 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$84,554/yr
Median rent$1,614/mo
Rent share of income22.9%
Est. mortgage (30yr, 6.5%)$20,291/yr
Mortgage share of income24.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate17.4%
State avg6.3%
U.S. avg4.3%
Labor force participation73.3%
Poverty rate7.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$334,400
Median monthly rent$1,614
Price-to-rent ratio17.3x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score33/100
Economic growth71/100
Labor market0/100
Population momentum8/100
Overall stability42/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.