GDP / Output
+4.3% YoY
69
$86.7B
Output changed +4.3% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
47
5.3%
Unemployment is 5.3% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg5.2%
Population
-0.3% 5-year
48
17,121
Population moved -0.3% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
69
22.5%
Median rent consumes 22.5% 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
$5.7K per resident
81
$4.9B
$4.9B 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
$4.9B
$5.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$3.8B
2. Department of Energy$260.7M
3. Department of Veterans Affairs$210.0M
Top recipients
Dollars1. RUTGERS, THE STATE UNIVERSITY$250.9M
2. THE TRUSTEES OF PRINCETON UNIVERSITY$224.3M
3. TRANSPORTATION, NEW JERSEY DEPT OF$81.5M
Affordable
Housing Affordability
22.5%
of median income
1BR estimate$1,563
2BR estimate$2,058
Median income$101,670
Median home value$401,000
ACS context
Quick Facts
Population
17,121
Median age
39.6
Bachelor's degree+
31.8%
Poverty rate
7.9%
Labor force participation
57.4%
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
-0.1%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
202017,175
202117,132
202217,211
202317,143
202417,121
GDP (5 years)
2020$65.2B
2021$72.7B
2022$78.5B
2023$83.1B
2024$86.7B
2-year linear forecast
Predictive Outlook
Population forecast
202417,121
202517,127 *
202617,118 *
R² = 17.6% · * projected
GDP forecast
2024$86.7B
2025$93.3B *
2026$98.6B *
R² = 98.0% · * 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$101,670/yr
Median rent$1,906/mo
Rent share of income22.5%
Est. mortgage (30yr, 6.5%)$24,332/yr
Mortgage share of income23.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.3%
State avg6.3%
U.S. avg5.2%
Labor force participation57.4%
Poverty rate7.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$401,000
Median monthly rent$1,906
Price-to-rent ratio17.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score57/100
Economic growth69/100
Labor market47/100
Population momentum48/100
Overall stability60/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.