GDP / Output
+7.0% YoY
88
$2.0B
Output changed +7.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
66
3.7%
Unemployment is 3.7% for April 2026.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+2.4% 5-year
65
338
Population moved +2.4% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
83
12.1%
Median rent consumes 12.1% 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
$8.4K per resident
100
$217.3M
$217.3M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$217.3M
$8.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$156.2M
2. Department of Agriculture$39.2M
3. Department of Veterans Affairs$14.7M
Top recipients
Dollars1. REDACTED DUE TO PII$38.2M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$1.4M
3. CITY OF NEW ULM$1.2M
Affordable
Housing Affordability
12.1%
of median income
1BR estimate$510
2BR estimate$672
Median income$61,875
Median home value$96,300
ACS context
Quick Facts
Population
338
Median age
42.7
Bachelor's degree+
17.0%
Poverty rate
13.3%
Labor force participation
69.2%
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
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
+0.5%
GDP CAGR
+7.0%
Federal flow
5 years
Population (5 years)
2020330
2021305
2022370
2023297
2024338
GDP (5 years)
2020$1.4B
2021$1.6B
2022$1.8B
2023$1.9B
2024$2.0B
2-year linear forecast
Predictive Outlook
Population forecast
2024338
2025330 *
2026331 *
R² = 0.2% · * projected
GDP forecast
2024$2.0B
2025$2.2B *
2026$2.3B *
R² = 98.7% · * 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$61,875/yr
Median rent$622/mo
Rent share of income12.1%
Est. mortgage (30yr, 6.5%)$5,843/yr
Mortgage share of income9.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.7%
State avg4.5%
U.S. avg4.3%
Labor force participation69.2%
Poverty rate13.3%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$96,300
Median monthly rent$622
Price-to-rent ratio12.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score75/100
Economic growth88/100
Labor market66/100
Population momentum65/100
Overall stability78/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.