GDP / Output
+4.8% YoY
72
$8.5B
Output changed +4.8% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
12
7.2%
Unemployment is 7.2% for July 2026.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
-28.9% 5-year
0
661
Population moved -28.9% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
67
23.8%
Median rent consumes 23.8% of median household income: Affordable.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.8K per resident
89
$1.0B
$1.0B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.0B
$6.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$753.8M
2. Department of Veterans Affairs$77.8M
3. Department of Defense$71.5M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$32.5M
2. SEASHORE FRUIT & PRODUCE CO., INC.$30.1M
3. TRI-COUNTY COMMUNITY ACTION AGENCY, INC.$27.6M
Affordable
Housing Affordability
23.8%
of median income
1BR estimate$1,125
2BR estimate$1,482
Median income$69,167
Median home value$174,500
ACS context
Quick Facts
Population
661
Median age
41.2
Bachelor's degree+
7.1%
Poverty rate
3.6%
Labor force participation
62.4%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
July 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
-6.6%
GDP CAGR
+5.0%
Federal flow
5 years
Population (5 years)
2020930
2021765
2022526
2023636
2024661
GDP (5 years)
2020$6.7B
2021$7.3B
2022$7.7B
2023$8.1B
2024$8.5B
2-year linear forecast
Predictive Outlook
Population forecast
2024661
2025504 *
2026437 *
R² = 47.9% · * projected
GDP forecast
2024$8.5B
2025$9.0B *
2026$9.5B *
R² = 98.7% · * 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$69,167/yr
Median rent$1,372/mo
Rent share of income23.8%
Est. mortgage (30yr, 6.5%)$10,588/yr
Mortgage share of income15.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.2%
State avg4.4%
U.S. avg4.1%
Labor force participation62.4%
Poverty rate3.6%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$174,500
Median monthly rent$1,372
Price-to-rent ratio10.6x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score36/100
Economic growth72/100
Labor market12/100
Population momentum0/100
Overall stability44/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.