GDP / Output
+6.9% YoY
87
$9.8B
Output changed +6.9% in 2024.
Vintage date unknown
State growth5.3%
U.S. growth5.3%
Jobs
Unemployment rate
15
7.4%
Unemployment is 7.4% for Latest available.
Vintage date unknown
State avg3.9%
U.S. avg5.2%
Population
+7.7% 5-year
96
1,499
Population moved +7.7% over the latest ACS window.
Vintage date unknown
State population1,101,801
U.S. population334,922,499
Housing
Rent share of income
82
12.8%
Median rent consumes 12.8% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$10.1K per resident
100
$1.3B
$1.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$15.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.3B
$10.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$929.8M
2. Department of Veterans Affairs$65.7M
3. Department of Commerce$48.7M
Top recipients
Dollars1. UNIVERSITY OF RHODE ISLAND$96.7M
2. EDESIA, INC.$36.8M
3. RHODE ISLAND DOT$32.1M
Affordable
Housing Affordability
12.8%
of median income
1BR estimate$950
2BR estimate$1,252
Median income$108,563
Median home value$583,200
ACS context
Quick Facts
Population
1,499
Median age
65.4
Bachelor's degree+
57.6%
Poverty rate
4.2%
Labor force participation
44.7%
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
Latest available
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
+1.5%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
20201,392
20211,482
20221,702
20231,648
20241,499
GDP (5 years)
2020$7.3B
2021$8.0B
2022$8.5B
2023$9.1B
2024$9.8B
2-year linear forecast
Predictive Outlook
Population forecast
20241,499
20251,659 *
20261,697 *
R² = 22.3% · * projected
GDP forecast
2024$9.8B
2025$10.4B *
2026$11.0B *
R² = 99.8% · * 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$108,563/yr
Median rent$1,159/mo
Rent share of income12.8%
Est. mortgage (30yr, 6.5%)$35,388/yr
Mortgage share of income32.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.4%
State avg3.9%
U.S. avg5.2%
Labor force participation44.7%
Poverty rate4.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$583,200
Median monthly rent$1,159
Price-to-rent ratio41.9x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score66/100
Economic growth87/100
Labor market15/100
Population momentum96/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.