GDP / Output
+6.2% YoY
83
$65.6B
Output changed +6.2% in 2024.
Vintage date unknown
State growth6.0%
U.S. growth5.3%
Jobs
Unemployment rate
39
5.5%
Unemployment is 5.5% for April 2026.
Vintage date unknown
State avg4.4%
U.S. avg4.3%
Population
-4.8% 5-year
21
573,243
Population moved -4.8% over the latest ACS window.
Vintage date unknown
State population6,206,011
U.S. population334,922,499
Housing
Rent share of income
64
25.7%
Median rent consumes 25.7% 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
$18.5K per resident
100
$10.9B
$10.9B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$105.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$10.9B
$18.5K per resident in reported federal flow.
Top agencies
Dollars1. Department of Transportation$4.1B
2. Social Security Administration$3.2B
3. Department of Education$925.1M
Top recipients
Dollars1. NATIONAL RAILROAD PASSENGER CORPORATION$3.9B
2. THE JOHNS HOPKINS UNIVERSITY$858.3M
3. MARYLAND STATE DEPARTMENT OF EDUCATION$700.9M
Affordable
Housing Affordability
25.7%
of median income
1BR estimate$1,091
2BR estimate$1,437
Median income$62,177
Median home value$229,600
ACS context
Quick Facts
Population
573,243
Median age
36.2
Bachelor's degree+
36.1%
Poverty rate
19.7%
Labor force participation
63.2%
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
2026-06-10
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
-1.0%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020602,274
2021592,211
2022584,548
2023577,193
2024573,243
GDP (5 years)
2020$49.2B
2021$53.5B
2022$57.8B
2023$61.7B
2024$65.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024573,243
2025563,970 *
2026556,662 *
R² = 97.9% · * projected
GDP forecast
2024$65.6B
2025$69.9B *
2026$73.9B *
R² = 99.9% · * 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$62,177/yr
Median rent$1,331/mo
Rent share of income25.7%
Est. mortgage (30yr, 6.5%)$13,932/yr
Mortgage share of income22.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.5%
State avg4.4%
U.S. avg4.3%
Labor force participation63.2%
Poverty rate19.7%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$229,600
Median monthly rent$1,331
Price-to-rent ratio14.4x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score53/100
Economic growth83/100
Labor market39/100
Population momentum21/100
Overall stability57/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.