GDP / Output
+5.9% YoY
80
$139.0B
Output changed +5.9% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
45
5.1%
Unemployment is 5.1% for Latest available.
Vintage date unknown
State avg6.4%
U.S. avg4.3%
Population
+1.0% 5-year
56
23,424
Population moved +1.0% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
71
20.7%
Median rent consumes 20.7% 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
$7.7K per resident
97
$11.7B
$11.7B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$11.7B
$7.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$8.5B
2. Department of Defense$918.0M
3. Department of Energy$852.3M
Top recipients
Dollars1. BROOKHAVEN SCIENCE ASSOCIATES LLC$838.4M
2. DEPARTMENT OF TRANSPORTATION NEW YORK$190.3M
3. THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK$172.2M
Affordable
Housing Affordability
20.7%
of median income
1BR estimate$1,803
2BR estimate$2,375
Median income$127,369
Median home value$484,500
ACS context
Quick Facts
Population
23,424
Median age
37.3
Bachelor's degree+
26.3%
Poverty rate
5.7%
Labor force participation
72.8%
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
+0.2%
GDP CAGR
+5.2%
Federal flow
5 years
Population (5 years)
202023,200
202123,552
202223,442
202323,332
202423,424
GDP (5 years)
2020$108.0B
2021$117.6B
2022$125.1B
2023$131.3B
2024$139.0B
2-year linear forecast
Predictive Outlook
Population forecast
202423,424
202523,458 *
202623,481 *
R² = 7.5% · * projected
GDP forecast
2024$139.0B
2025$146.9B *
2026$154.5B *
R² = 99.4% · * 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$127,369/yr
Median rent$2,199/mo
Rent share of income20.7%
Est. mortgage (30yr, 6.5%)$29,399/yr
Mortgage share of income23.1%
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 avg6.4%
U.S. avg4.3%
Labor force participation72.8%
Poverty rate5.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$484,500
Median monthly rent$2,199
Price-to-rent ratio18.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score63/100
Economic growth80/100
Labor market45/100
Population momentum56/100
Overall stability65/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.