GDP / Output
+5.6% YoY
78
$9.9B
Output changed +5.6% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
78
3.2%
Unemployment is 3.2% for April 2026.
Vintage date unknown
State avg6.3%
U.S. avg5.2%
Population
+3.3% 5-year
70
2,789
Population moved +3.3% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
78
16.0%
Median rent consumes 16.0% 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
$7.3K per resident
93
$936.0M
$936.0M 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
$936.0M
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$839.6M
2. Department of Veterans Affairs$38.4M
3. Department of Defense$16.0M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$14.5M
2. GSI NORTH AMERICA INC$9.7M
3. COUNTY OF HUNTERDON$7.4M
Affordable
Housing Affordability
16.0%
of median income
1BR estimate$1,542
2BR estimate$2,031
Median income$141,146
Median home value$436,200
ACS context
Quick Facts
Population
2,789
Median age
37.5
Bachelor's degree+
61.5%
Poverty rate
2.0%
Labor force participation
72.6%
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
2026-06-16
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
+0.7%
GDP CAGR
+4.7%
Federal flow
5 years
Population (5 years)
20202,699
20212,758
20222,775
20232,784
20242,789
GDP (5 years)
2020$7.8B
2021$8.4B
2022$8.9B
2023$9.3B
2024$9.9B
2-year linear forecast
Predictive Outlook
Population forecast
20242,789
20252,823 *
20262,843 *
R² = 79.1% · * projected
GDP forecast
2024$9.9B
2025$10.4B *
2026$10.9B *
R² = 100.0% · * 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$141,146/yr
Median rent$1,881/mo
Rent share of income16.0%
Est. mortgage (30yr, 6.5%)$26,468/yr
Mortgage share of income18.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.2%
State avg6.3%
U.S. avg5.2%
Labor force participation72.6%
Poverty rate2.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$436,200
Median monthly rent$1,881
Price-to-rent ratio19.3x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score76/100
Economic growth78/100
Labor market78/100
Population momentum70/100
Overall stability78/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.