GDP / Output
+4.3% YoY
69
$86.7B
Output changed +4.3% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
0
20.7%
Unemployment is 20.7% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg5.2%
Population
-10.3% 5-year
0
2,375
Population moved -10.3% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
22
55.8%
Median rent consumes 55.8% of median household income: Severely cost-burdened.
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
$5.7K per resident
81
$4.9B
$4.9B 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
$4.9B
$5.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$3.8B
2. Department of Energy$260.7M
3. Department of Veterans Affairs$210.0M
Top recipients
Dollars1. RUTGERS, THE STATE UNIVERSITY$250.9M
2. THE TRUSTEES OF PRINCETON UNIVERSITY$224.3M
3. TRANSPORTATION, NEW JERSEY DEPT OF$81.5M
Severely cost-burdened
Housing Affordability
55.8%
of median income
1BR estimate$1,426
2BR estimate$1,878
Median income$37,411
Median home value$282,000
ACS context
Quick Facts
Population
2,375
Median age
72.9
Bachelor's degree+
30.6%
Poverty rate
15.9%
Labor force participation
26.2%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
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
-2.2%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
20202,648
20212,714
20222,604
20232,477
20242,375
GDP (5 years)
2020$65.2B
2021$72.7B
2022$78.5B
2023$83.1B
2024$86.7B
2-year linear forecast
Predictive Outlook
Population forecast
20242,375
20252,329 *
20262,250 *
R² = 82.4% · * projected
GDP forecast
2024$86.7B
2025$93.3B *
2026$98.6B *
R² = 98.0% · * 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$37,411/yr
Median rent$1,739/mo
Rent share of income55.8%
Est. mortgage (30yr, 6.5%)$17,111/yr
Mortgage share of income45.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate20.7%
State avg6.3%
U.S. avg5.2%
Labor force participation26.2%
Poverty rate15.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$282,000
Median monthly rent$1,739
Price-to-rent ratio13.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score27/100
Economic growth69/100
Labor market0/100
Population momentum0/100
Overall stability27/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.