GDP / Output
+0.7% YoY
44
$1.1B
Output changed +0.7% in 2024.
Vintage date unknown
State growth4.3%
U.S. growth5.3%
Jobs
Unemployment rate
6
7.7%
Unemployment is 7.7% for Latest available.
Vintage date unknown
State avg5.1%
U.S. avg4.3%
Population
-5.6% 5-year
17
814
Population moved -5.6% over the latest ACS window.
Vintage date unknown
State population12,694,798
U.S. population334,922,499
Housing
Rent share of income
78
15.4%
Median rent consumes 15.4% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.5K per resident
87
$109.2M
$109.2M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$134.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$109.2M
$6.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$81.6M
2. Department of Agriculture$10.6M
3. Department of Veterans Affairs$6.4M
Top recipients
Dollars1. REDACTED DUE TO PII$10.2M
2. MONMOUTH COLLEGE$3.5M
3. WARREN COUNTY HOUSING AUTHORITY$2.2M
Affordable
Housing Affordability
15.4%
of median income
1BR estimate$697
2BR estimate$918
Median income$66,250
Median home value$97,600
ACS context
Quick Facts
Population
814
Median age
43.4
Bachelor's degree+
21.0%
Poverty rate
11.9%
Labor force participation
59.1%
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
2026-06-10
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
-1.1%
GDP CAGR
+6.1%
Federal flow
5 years
Population (5 years)
2020862
2021735
2022715
2023719
2024814
GDP (5 years)
2020$817.7M
2021$919.6M
2022$1.0B
2023$1.1B
2024$1.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024814
2025735 *
2026724 *
R² = 7.3% · * projected
GDP forecast
2024$1.1B
2025$1.2B *
2026$1.3B *
R² = 90.1% · * 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$66,250/yr
Median rent$850/mo
Rent share of income15.4%
Est. mortgage (30yr, 6.5%)$5,922/yr
Mortgage share of income8.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.7%
State avg5.1%
U.S. avg4.3%
Labor force participation59.1%
Poverty rate11.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$97,600
Median monthly rent$850
Price-to-rent ratio9.6x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score28/100
Economic growth44/100
Labor market6/100
Population momentum17/100
Overall stability41/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.