GDP / Output
+7.2% YoY
89
$11.9B
Output changed +7.2% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
24
6.8%
Unemployment is 6.8% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+2.5% 5-year
65
27,636
Population moved +2.5% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
76
17.4%
Median rent consumes 17.4% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
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
$1.8B
$1.8B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$121.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.8B
$11.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.1B
2. Department of Defense$491.3M
3. Department of Veterans Affairs$150.8M
Top recipients
Dollars1. BAE SYSTEMS ORDNANCE SYSTEMS INC.$264.3M
2. PARSONS GOVERNMENT SERVICES INC$176.8M
3. TENNESSEE DEPARTMENT OF TRANSPORTATION$35.2M
Affordable
Housing Affordability
17.4%
of median income
1BR estimate$690
2BR estimate$909
Median income$58,162
Median home value$194,500
ACS context
Quick Facts
Population
27,636
Median age
41.1
Bachelor's degree+
30.6%
Poverty rate
13.6%
Labor force participation
61.8%
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
+0.5%
GDP CAGR
+7.1%
Federal flow
5 years
Population (5 years)
202026,973
202127,154
202227,307
202327,490
202427,636
GDP (5 years)
2020$8.4B
2021$9.8B
2022$10.7B
2023$11.1B
2024$11.9B
2-year linear forecast
Predictive Outlook
Population forecast
202427,636
202527,811 *
202627,977 *
R² = 99.9% · * projected
GDP forecast
2024$11.9B
2025$12.8B *
2026$13.7B *
R² = 95.6% · * 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$58,162/yr
Median rent$842/mo
Rent share of income17.4%
Est. mortgage (30yr, 6.5%)$11,802/yr
Mortgage share of income20.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.8%
State avg4.7%
U.S. avg5.2%
Labor force participation61.8%
Poverty rate13.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$194,500
Median monthly rent$842
Price-to-rent ratio19.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score62/100
Economic growth89/100
Labor market24/100
Population momentum65/100
Overall stability64/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.