GDP / Output
+4.4% YoY
70
$81.1B
Output changed +4.4% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
66
4.0%
Unemployment is 4.0% for April 2026.
Vintage date unknown
State avg4.6%
U.S. avg5.2%
Population
+1.5% 5-year
59
1,707
Population moved +1.5% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
54
33.1%
Median rent consumes 33.1% of median household income: Strained.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$9.6K per resident
100
$9.1B
$9.1B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$9.1B
$9.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$5.3B
2. Department of Health and Human Services$2.3B
3. Department of Veterans Affairs$471.2M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$149.9M
2. THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK$102.7M
3. MOOG MILITARY AIRCRAFT LLC$92.3M
Strained
Housing Affordability
33.1%
of median income
1BR estimate$1,237
2BR estimate$1,629
Median income$54,743
Median home value$160,800
ACS context
Quick Facts
Population
1,707
Median age
52.9
Bachelor's degree+
31.7%
Poverty rate
7.0%
Labor force participation
60.2%
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
2026-06-16
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
+0.3%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
20201,682
20211,550
20221,640
20231,699
20241,707
GDP (5 years)
2020$61.9B
2021$66.8B
2022$72.3B
2023$77.7B
2024$81.1B
2-year linear forecast
Predictive Outlook
Population forecast
20241,707
20251,715 *
20261,735 *
R² = 23.8% · * projected
GDP forecast
2024$81.1B
2025$86.8B *
2026$91.7B *
R² = 99.4% · * 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$54,743/yr
Median rent$1,508/mo
Rent share of income33.1%
Est. mortgage (30yr, 6.5%)$9,757/yr
Mortgage share of income17.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.0%
State avg4.6%
U.S. avg5.2%
Labor force participation60.2%
Poverty rate7.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$160,800
Median monthly rent$1,508
Price-to-rent ratio8.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score66/100
Economic growth70/100
Labor market66/100
Population momentum59/100
Overall stability66/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.