GDP / Output
+4.6% YoY
71
$19.4B
Output changed +4.6% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
54
4.5%
Unemployment is 4.5% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
-6.8% 5-year
9
1,083
Population moved -6.8% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
69
21.8%
Median rent consumes 21.8% 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
$8.1K per resident
100
$2.2B
$2.2B 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
$2.2B
$8.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.6B
2. Department of Transportation$305.8M
3. Department of Veterans Affairs$115.0M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$42.9M
2. ATLANTIC CITY HOUSING AUTHORITY & URBAN REDEVELOPMENT AGENCY$26.5M
3. SCALFO ELECTRIC INC.$26.4M
Affordable
Housing Affordability
21.8%
of median income
1BR estimate$1,907
2BR estimate$2,511
Median income$128,036
Median home value$339,400
ACS context
Quick Facts
Population
1,083
Median age
65.0
Bachelor's degree+
31.3%
Poverty rate
5.1%
Labor force participation
55.7%
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
-1.4%
GDP CAGR
+7.0%
Federal flow
5 years
Population (5 years)
20201,162
20211,442
20221,280
20231,023
20241,083
GDP (5 years)
2020$13.8B
2021$15.7B
2022$17.3B
2023$18.6B
2024$19.4B
2-year linear forecast
Predictive Outlook
Population forecast
20241,083
20251,025 *
2026967 *
R² = 29.9% · * projected
GDP forecast
2024$19.4B
2025$21.2B *
2026$22.6B *
R² = 97.9% · * 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$128,036/yr
Median rent$2,325/mo
Rent share of income21.8%
Est. mortgage (30yr, 6.5%)$20,594/yr
Mortgage share of income16.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.5%
State avg6.3%
U.S. avg4.3%
Labor force participation55.7%
Poverty rate5.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$339,400
Median monthly rent$2,325
Price-to-rent ratio12.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score51/100
Economic growth71/100
Labor market54/100
Population momentum9/100
Overall stability59/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.