GDP / Output
+3.7% YoY
65
$2.0B
Output changed +3.7% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
68
3.9%
Unemployment is 3.9% for June 2026.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
+11.0% 5-year
100
770
Population moved +11.0% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
82
12.9%
Median rent consumes 12.9% 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
$6.5K per resident
87
$224.8M
$224.8M 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
$224.8M
$6.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$162.2M
2. Department of Agriculture$20.9M
3. Department of Veterans Affairs$17.6M
Top recipients
Dollars1. REDACTED DUE TO PII$20.9M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$7.7M
3. MINNESOTA STATE COLLGES & UNIV$5.9M
Affordable
Housing Affordability
12.9%
of median income
1BR estimate$874
2BR estimate$1,151
Median income$99,028
Median home value$275,600
ACS context
Quick Facts
Population
770
Median age
37.3
Bachelor's degree+
32.5%
Poverty rate
0.9%
Labor force participation
76.8%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
+2.1%
GDP CAGR
+5.1%
Federal flow
5 years
Population (5 years)
2020694
2021729
2022800
2023844
2024770
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.9B
2023$1.9B
2024$2.0B
2-year linear forecast
Predictive Outlook
Population forecast
2024770
2025848 *
2026874 *
R² = 51.7% · * projected
GDP forecast
2024$2.0B
2025$2.1B *
2026$2.3B *
R² = 83.9% · * 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$99,028/yr
Median rent$1,066/mo
Rent share of income12.9%
Est. mortgage (30yr, 6.5%)$16,723/yr
Mortgage share of income16.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.9%
State avg4.1%
U.S. avg5.2%
Labor force participation76.8%
Poverty rate0.9%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$275,600
Median monthly rent$1,066
Price-to-rent ratio21.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score76/100
Economic growth65/100
Labor market68/100
Population momentum100/100
Overall stability78/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.