GDP / Output
+4.8% YoY
72
$3.3B
Output changed +4.8% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
0
9.1%
Unemployment is 9.1% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
-2.0% 5-year
38
2,704
Population moved -2.0% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
77
16.4%
Median rent consumes 16.4% 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
$7.2K per resident
93
$581.1M
$581.1M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$581.1M
$7.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$484.3M
2. Department of Veterans Affairs$54.6M
3. Department of Transportation$20.2M
Top recipients
Dollars1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$20.2M
2. CALDWELL COMMUNITY COLLEGE & TECHNICAL INSTITUTE$8.2M
3. WEST CALDWELL HEALTH COUNCIL INC$1.5M
Affordable
Housing Affordability
16.4%
of median income
1BR estimate$598
2BR estimate$787
Median income$53,361
Median home value$201,800
ACS context
Quick Facts
Population
2,704
Median age
40.3
Bachelor's degree+
14.4%
Poverty rate
13.9%
Labor force participation
62.6%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
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
-0.4%
GDP CAGR
+4.8%
Federal flow
5 years
Population (5 years)
20202,758
20212,695
20222,715
20232,696
20242,704
GDP (5 years)
2020$2.6B
2021$2.7B
2022$3.0B
2023$3.2B
2024$3.3B
2-year linear forecast
Predictive Outlook
Population forecast
20242,704
20252,682 *
20262,671 *
R² = 42.1% · * projected
GDP forecast
2024$3.3B
2025$3.5B *
2026$3.7B *
R² = 98.3% · * 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$53,361/yr
Median rent$729/mo
Rent share of income16.4%
Est. mortgage (30yr, 6.5%)$12,245/yr
Mortgage share of income22.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate9.1%
State avg4.7%
U.S. avg4.3%
Labor force participation62.6%
Poverty rate13.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$201,800
Median monthly rent$729
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 climateModerate
Composite score41/100
Economic growth72/100
Labor market0/100
Population momentum38/100
Overall stability49/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.