GDP / Output
+3.9% YoY
66
$182.5B
Output changed +3.9% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
60
4.1%
Unemployment is 4.1% for April 2026.
Vintage date unknown
State avg5.3%
U.S. avg4.3%
Population
-0.7% 5-year
46
1,649,473
Population moved -0.7% over the latest ACS window.
Vintage date unknown
State population39,287,377
U.S. population334,922,499
Housing
Rent share of income
69
21.9%
Median rent consumes 21.9% of median household income: Affordable.
Vintage date unknown
State rent$2.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$25.3K per resident
100
$42.5B
$42.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$485.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$42.5B
$25.3K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$28.1B
2. Social Security Administration$6.2B
3. Department of Energy$5.0B
Top recipients
Dollars1. LAWRENCE LIVERMORE NATIONAL SECURITY, LLC$3.6B
2. THE REGENTS OF THE UNIVERSITY OF CALIFORNIA$1.3B
3. REGENTS OF THE UNIVERSITY OF CALIFORNIA, THE$421.5M
Affordable
Housing Affordability
21.9%
of median income
1BR estimate$1,933
2BR estimate$2,546
Median income$129,367
Median home value$1,090,100
ACS context
Quick Facts
Population
1,649,473
Median age
39.0
Bachelor's degree+
52.2%
Poverty rate
9.2%
Labor force participation
66.9%
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
April 2026
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
-0.1%
GDP CAGR
+4.9%
Federal flow
5 years
Population (5 years)
20201,661,584
20211,673,133
20221,663,823
20231,651,949
20241,649,473
GDP (5 years)
2020$143.5B
2021$156.9B
2022$168.7B
2023$175.7B
2024$182.5B
2-year linear forecast
Predictive Outlook
Population forecast
20241,649,473
20251,646,371 *
20261,641,830 *
R² = 56.4% · * projected
GDP forecast
2024$182.5B
2025$194.5B *
2026$204.2B *
R² = 97.5% · * 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$129,367/yr
Median rent$2,357/mo
Rent share of income21.9%
Est. mortgage (30yr, 6.5%)$66,146/yr
Mortgage share of income51.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.1%
State avg5.3%
U.S. avg4.3%
Labor force participation66.9%
Poverty rate9.2%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$1,090,100
Median monthly rent$2,357
Price-to-rent ratio38.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score60/100
Economic growth66/100
Labor market60/100
Population momentum46/100
Overall stability65/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.