GDP / Output
+5.5% YoY
78
$27.7B
Output changed +5.5% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
38
5.5%
Unemployment is 5.5% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
+3.8% 5-year
73
3,037
Population moved +3.8% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
82
12.6%
Median rent consumes 12.6% 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
$6.3K per resident
85
$2.5B
$2.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.5B
$6.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.8B
2. Department of Defense$279.1M
3. Department of Veterans Affairs$165.9M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$100.8M
2. DOBCO INC$34.2M
3. U.T.A. MESIVTA OF KIRYAS JOEL$24.4M
Affordable
Housing Affordability
12.6%
of median income
1BR estimate$1,206
2BR estimate$1,589
Median income$140,208
Median home value$471,200
ACS context
Quick Facts
Population
3,037
Median age
46.6
Bachelor's degree+
53.7%
Poverty rate
3.6%
Labor force participation
67.9%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-09
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
+5.5%
Federal flow
5 years
Population (5 years)
20202,926
20213,059
20223,044
20233,046
20243,037
GDP (5 years)
2020$21.2B
2021$22.9B
2022$24.7B
2023$26.3B
2024$27.7B
2-year linear forecast
Predictive Outlook
Population forecast
20243,037
20253,085 *
20263,106 *
R² = 36.8% · * projected
GDP forecast
2024$27.7B
2025$29.5B *
2026$31.2B *
R² = 99.9% · * 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$140,208/yr
Median rent$1,471/mo
Rent share of income12.6%
Est. mortgage (30yr, 6.5%)$28,592/yr
Mortgage share of income20.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.5%
State avg4.4%
U.S. avg4.1%
Labor force participation67.9%
Poverty rate3.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$471,200
Median monthly rent$1,471
Price-to-rent ratio26.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score64/100
Economic growth78/100
Labor market38/100
Population momentum73/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.