GDP / Output
+5.9% YoY
80
$21.0B
Output changed +5.9% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.0%
Unemployment is 0.0% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
-9.7% 5-year
0
897
Population moved -9.7% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
67
23.5%
Median rent consumes 23.5% 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
$8.7K per resident
100
$2.0B
$2.0B 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
$2.0B
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$216.4M
3. Department of Defense$155.9M
Top recipients
Dollars1. NORFOLK DREDGING COMPANY$64.5M
2. WEEKS MARINE, INC.$38.4M
3. UNIVERSITY OF NORTH CAROLINA AT WILMINGTON$29.4M
Affordable
Housing Affordability
23.5%
of median income
1BR estimate$850
2BR estimate$1,120
Median income$53,056
Median home value$377,900
ACS context
Quick Facts
Population
897
Median age
59.0
Bachelor's degree+
38.5%
Poverty rate
25.5%
Labor force participation
41.3%
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
-2.0%
GDP CAGR
+7.7%
Federal flow
5 years
Population (5 years)
2020993
2021968
2022970
2023978
2024897
GDP (5 years)
2020$14.6B
2021$16.4B
2022$18.0B
2023$19.9B
2024$21.0B
2-year linear forecast
Predictive Outlook
Population forecast
2024897
2025907 *
2026888 *
R² = 59.8% · * projected
GDP forecast
2024$21.0B
2025$22.9B *
2026$24.6B *
R² = 99.5% · * 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$53,056/yr
Median rent$1,037/mo
Rent share of income23.5%
Est. mortgage (30yr, 6.5%)$22,930/yr
Mortgage share of income43.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.0%
State avg3.6%
U.S. avg5.2%
Labor force participation41.3%
Poverty rate25.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$377,900
Median monthly rent$1,037
Price-to-rent ratio30.4x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score67/100
Economic growth80/100
Labor market100/100
Population momentum0/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.