GDP / Output
+5.6% YoY
78
$13.1B
Output changed +5.6% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
72
3.6%
Unemployment is 3.6% for Latest available.
Vintage date unknown
State avg3.4%
U.S. avg5.2%
Population
-0.2% 5-year
49
21,204
Population moved -0.2% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
71
20.6%
Median rent consumes 20.6% 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
$10.0K per resident
100
$1.5B
$1.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.5B
$10.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$704.2M
2. Department of Health and Human Services$521.7M
3. Department of Veterans Affairs$71.7M
Top recipients
Dollars1. UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL$527.5M
2. TRANSPORTATION NORTH CAROLINA DEPARTMENT$40.3M
3. UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL$31.9M
Affordable
Housing Affordability
20.6%
of median income
1BR estimate$1,205
2BR estimate$1,588
Median income$85,743
Median home value$539,400
ACS context
Quick Facts
Population
21,204
Median age
33.4
Bachelor's degree+
69.9%
Poverty rate
12.2%
Labor force participation
72.4%
Prime rate
7.0%
CPI YoY
Unavailable
U.S. GDP YoY
+6.3%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-10-27
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
-0.0%
GDP CAGR
+6.4%
Federal flow
5 years
Population (5 years)
202021,254
202121,237
202221,242
202321,170
202421,204
GDP (5 years)
2020$9.6B
2021$10.4B
2022$11.4B
2023$12.4B
2024$13.1B
2-year linear forecast
Predictive Outlook
Population forecast
202421,204
202521,171 *
202621,155 *
R² = 59.7% · * projected
GDP forecast
2024$13.1B
2025$14.0B *
2026$14.9B *
R² = 99.7% · * 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$85,743/yr
Median rent$1,470/mo
Rent share of income20.6%
Est. mortgage (30yr, 6.5%)$32,730/yr
Mortgage share of income38.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.6%
State avg3.4%
U.S. avg5.2%
Labor force participation72.4%
Poverty rate12.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$539,400
Median monthly rent$1,470
Price-to-rent ratio30.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth78/100
Labor market72/100
Population momentum49/100
Overall stability72/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.