GDP / Output
+6.1% YoY
82
$195.9B
Output changed +6.1% in 2024.
Vintage date unknown
State growth6.1%
U.S. growth5.3%
Jobs
Unemployment rate
45
5.1%
Unemployment is 5.1% for April 2026.
Vintage date unknown
State avg5.3%
U.S. avg4.3%
Population
+4.5% 5-year
77
2,329,548
Population moved +4.5% over the latest ACS window.
Vintage date unknown
State population3,184,612
U.S. population334,922,499
Housing
Rent share of income
64
25.5%
Median rent consumes 25.5% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.9K per resident
90
$15.6B
$15.6B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$34.0B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$15.6B
$6.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$9.8B
2. Department of Veterans Affairs$2.2B
3. Department of Defense$1.0B
Top recipients
Dollars1. MISSION SUPPORT & TEST SERVICES LLC$994.6M
2. JT4 LLC$398.1M
3. FLEET VEHICLE SOURCE INC$391.4M
Affordable
Housing Affordability
25.5%
of median income
1BR estimate$1,333
2BR estimate$1,756
Median income$76,472
Median home value$431,000
ACS context
Quick Facts
Population
2,329,548
Median age
38.5
Bachelor's degree+
27.8%
Poverty rate
13.0%
Labor force participation
63.9%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+0.9%
GDP CAGR
+9.5%
Federal flow
5 years
Population (5 years)
20202,228,866
20212,231,147
20222,265,926
20232,293,764
20242,329,548
GDP (5 years)
2020$124.2B
2021$143.5B
2022$168.4B
2023$184.6B
2024$195.9B
2-year linear forecast
Predictive Outlook
Population forecast
20242,329,548
20252,349,045 *
20262,375,443 *
R² = 95.1% · * projected
GDP forecast
2024$195.9B
2025$218.7B *
2026$237.1B *
R² = 98.3% · * 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$76,472/yr
Median rent$1,626/mo
Rent share of income25.5%
Est. mortgage (30yr, 6.5%)$26,152/yr
Mortgage share of income34.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.1%
State avg5.3%
U.S. avg4.3%
Labor force participation63.9%
Poverty rate13.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$431,000
Median monthly rent$1,626
Price-to-rent ratio22.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score68/100
Economic growth82/100
Labor market45/100
Population momentum77/100
Overall stability66/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.