GDP / Output
-1.2% YoY
31
$3.5B
Output changed -1.2% in 2024.
Vintage date unknown
State growth3.5%
U.S. growth5.3%
Jobs
Unemployment rate
100
1.2%
Unemployment is 1.2% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg5.2%
Population
+4.6% 5-year
78
1,962
Population moved +4.6% over the latest ACS window.
Vintage date unknown
State population4,611,961
U.S. population334,922,499
Housing
Rent share of income
49
36.1%
Median rent consumes 36.1% of median household income: Strained.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$11.5K per resident
100
$568.5M
$568.5M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$59.8B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$568.5M
$11.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$275.4M
2. Department of Defense$199.4M
3. Department of Veterans Affairs$24.1M
Top recipients
Dollars1. CONRAD SHIPYARD, L.L.C$112.9M
2. GRAVOIS ALUMINUM BOATS LLC$33.6M
3. WEEKS MARINE, INC.$28.2M
Strained
Housing Affordability
36.1%
of median income
1BR estimate$781
2BR estimate$1,029
Median income$31,669
Median home value$129,400
ACS context
Quick Facts
Population
1,962
Median age
38.1
Bachelor's degree+
4.7%
Poverty rate
26.9%
Labor force participation
37.4%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
+0.9%
GDP CAGR
+7.0%
Federal flow
5 years
Population (5 years)
20201,876
20211,797
20222,065
20231,694
20241,962
GDP (5 years)
2020$2.5B
2021$2.9B
2022$3.3B
2023$3.6B
2024$3.5B
2-year linear forecast
Predictive Outlook
Population forecast
20241,962
20251,900 *
20261,906 *
R² = 0.6% · * projected
GDP forecast
2024$3.5B
2025$4.0B *
2026$4.2B *
R² = 89.7% · * 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$31,669/yr
Median rent$953/mo
Rent share of income36.1%
Est. mortgage (30yr, 6.5%)$7,852/yr
Mortgage share of income24.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.2%
State avg4.4%
U.S. avg5.2%
Labor force participation37.4%
Poverty rate26.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$129,400
Median monthly rent$953
Price-to-rent ratio11.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score67/100
Economic growth31/100
Labor market100/100
Population momentum78/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.