GDP / Output
+6.3% YoY
83
$12.2B
Output changed +6.3% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.2%
Unemployment is 10.2% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
+5.2% 5-year
81
47,151
Population moved +5.2% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
68
22.9%
Median rent consumes 22.9% of median household income: Affordable.
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
$7.0K per resident
91
$1.4B
$1.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.4B
$7.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.1B
2. Department of Veterans Affairs$71.8M
3. Department of Defense$50.2M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$43.9M
2. THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK$28.4M
3. INNOVATION ASSOCIATES, INC.$22.4M
Affordable
Housing Affordability
22.9%
of median income
1BR estimate$713
2BR estimate$940
Median income$45,578
Median home value$124,800
ACS context
Quick Facts
Population
47,151
Median age
35.9
Bachelor's degree+
30.7%
Poverty rate
32.6%
Labor force participation
57.0%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
+5.1%
Federal flow
5 years
Population (5 years)
202044,819
202147,828
202247,617
202347,357
202447,151
GDP (5 years)
2020$9.5B
2021$10.1B
2022$10.7B
2023$11.4B
2024$12.2B
2-year linear forecast
Predictive Outlook
Population forecast
202447,151
202548,212 *
202648,632 *
R² = 29.5% · * projected
GDP forecast
2024$12.2B
2025$12.8B *
2026$13.4B *
R² = 99.6% · * 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$45,578/yr
Median rent$870/mo
Rent share of income22.9%
Est. mortgage (30yr, 6.5%)$7,573/yr
Mortgage share of income16.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.2%
State avg4.4%
U.S. avg4.1%
Labor force participation57.0%
Poverty rate32.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$124,800
Median monthly rent$870
Price-to-rent ratio12.0x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score55/100
Economic growth83/100
Labor market0/100
Population momentum81/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.