GDP / Output
+2.9% YoY
59
$507.2M
Output changed +2.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
24
6.8%
Unemployment is 6.8% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
-34.5% 5-year
0
279
Population moved -34.5% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
47
37.5%
Median rent consumes 37.5% of median household income: Strained.
Vintage date unknown
State rent$1.0K
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
$101.1M
$101.1M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$71.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$101.1M
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$81.1M
2. Department of Veterans Affairs$13.7M
3. Department of Agriculture$2.8M
Top recipients
Dollars1. REID STATE TECHNICAL COLLEGE$2.5M
2. REDACTED DUE TO PII$2.2M
3. COMMUNITY ACTION AGENCY OF SOUTH ALABAMA$1.8M
Strained
Housing Affordability
37.5%
of median income
1BR estimate$563
2BR estimate$741
Median income$21,923
Median home value$51,400
ACS context
Quick Facts
Population
279
Median age
54.2
Bachelor's degree+
13.6%
Poverty rate
17.6%
Labor force participation
31.0%
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
-8.1%
GDP CAGR
+7.2%
Federal flow
5 years
Population (5 years)
2020426
2021401
2022350
2023288
2024279
GDP (5 years)
2020$359.1M
2021$450.5M
2022$505.1M
2023$493.1M
2024$507.2M
2-year linear forecast
Predictive Outlook
Population forecast
2024279
2025227 *
2026186 *
R² = 96.0% · * projected
GDP forecast
2024$507.2M
2025$564.7M *
2026$598.6M *
R² = 73.7% · * 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$21,923/yr
Median rent$686/mo
Rent share of income37.5%
Est. mortgage (30yr, 6.5%)$3,119/yr
Mortgage share of income14.2%
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 avg3.2%
U.S. avg5.2%
Labor force participation31.0%
Poverty rate17.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$51,400
Median monthly rent$686
Price-to-rent ratio6.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score34/100
Economic growth59/100
Labor market24/100
Population momentum0/100
Overall stability41/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.