GDP / Output
+8.2% YoY
96
$11.0B
Output changed +8.2% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
63
4.2%
Unemployment is 4.2% for June 2026.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
+4.0% 5-year
74
7,423
Population moved +4.0% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
77
16.2%
Median rent consumes 16.2% 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
$5.0K per resident
75
$747.8M
$747.8M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$747.8M
$5.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$618.6M
2. Department of Veterans Affairs$60.9M
3. Department of Transportation$41.6M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$41.7M
2. REDACTED DUE TO PII$5.4M
3. SCOTT COUNTY COMMUNITY DEVELOPMENT AGENCY$4.9M
Affordable
Housing Affordability
16.2%
of median income
1BR estimate$1,100
2BR estimate$1,449
Median income$99,315
Median home value$318,200
ACS context
Quick Facts
Population
7,423
Median age
35.7
Bachelor's degree+
32.7%
Poverty rate
2.7%
Labor force participation
73.9%
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
June 2026
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
+0.8%
GDP CAGR
+9.3%
Federal flow
5 years
Population (5 years)
20207,137
20217,293
20227,363
20237,401
20247,423
GDP (5 years)
2020$7.0B
2021$8.1B
2022$9.4B
2023$10.1B
2024$11.0B
2-year linear forecast
Predictive Outlook
Population forecast
20247,423
20257,527 *
20267,595 *
R² = 87.0% · * projected
GDP forecast
2024$11.0B
2025$12.1B *
2026$13.1B *
R² = 98.8% · * 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$99,315/yr
Median rent$1,342/mo
Rent share of income16.2%
Est. mortgage (30yr, 6.5%)$19,308/yr
Mortgage share of income19.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.2%
State avg4.1%
U.S. avg5.2%
Labor force participation73.9%
Poverty rate2.7%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$318,200
Median monthly rent$1,342
Price-to-rent ratio19.8x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score78/100
Economic growth96/100
Labor market63/100
Population momentum74/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.