GDP / Output
+5.6% YoY
78
$48.8B
Output changed +5.6% in 2024.
Vintage date unknown
State growth4.3%
U.S. growth5.3%
Jobs
Unemployment rate
71
3.4%
Unemployment is 3.4% for April 2026.
Vintage date unknown
State avg4.2%
U.S. avg4.3%
Population
+3.2% 5-year
69
647,461
Population moved +3.2% over the latest ACS window.
Vintage date unknown
State population13,018,639
U.S. population334,922,499
Housing
Rent share of income
77
16.8%
Median rent consumes 16.8% 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
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$281.5B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
16.8%
of median income
1BR estimate$1,316
2BR estimate$1,733
Median income$114,764
Median home value$445,700
ACS context
Quick Facts
Population
647,461
Median age
44.2
Bachelor's degree+
44.8%
Poverty rate
6.1%
Labor force participation
66.0%
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
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.6%
GDP CAGR
+6.1%
Federal flow
N/A
Population (5 years)
2020627,668
2021643,872
2022645,163
2023645,993
2024647,461
GDP (5 years)
2020$36.4B
2021$39.1B
2022$43.6B
2023$46.3B
2024$48.8B
2-year linear forecast
Predictive Outlook
Population forecast
2024647,461
2025654,544 *
2026658,714 *
R² = 65.7% · * projected
GDP forecast
2024$48.8B
2025$52.4B *
2026$55.6B *
R² = 99.0% · * 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$114,764/yr
Median rent$1,605/mo
Rent share of income16.8%
Est. mortgage (30yr, 6.5%)$27,044/yr
Mortgage share of income23.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.4%
State avg4.2%
U.S. avg4.3%
Labor force participation66.0%
Poverty rate6.1%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$445,700
Median monthly rent$1,605
Price-to-rent ratio23.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth78/100
Labor market71/100
Population momentum69/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.