GDP / Output
+5.5% YoY
77
$4.0B
Output changed +5.5% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
47
5.3%
Unemployment is 5.3% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
-20.2% 5-year
0
2,218
Population moved -20.2% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
66
24.5%
Median rent consumes 24.5% 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
$8.9K per resident
100
$590.5M
$590.5M 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
$590.5M
$8.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$481.7M
2. Department of Veterans Affairs$55.8M
3. Department of Transportation$13.5M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$7.2M
2. SKYWEST AIRLINES INC$6.1M
3. CONSOLIDATED TELEPHONE CO$6.0M
Affordable
Housing Affordability
24.5%
of median income
1BR estimate$696
2BR estimate$917
Median income$41,554
Median home value$185,600
ACS context
Quick Facts
Population
2,218
Median age
52.3
Bachelor's degree+
16.8%
Poverty rate
16.9%
Labor force participation
45.4%
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
Latest available
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
-4.4%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
20202,780
20212,677
20222,519
20232,253
20242,218
GDP (5 years)
2020$3.0B
2021$3.2B
2022$3.6B
2023$3.8B
2024$4.0B
2-year linear forecast
Predictive Outlook
Population forecast
20242,218
20252,025 *
20261,870 *
R² = 95.8% · * projected
GDP forecast
2024$4.0B
2025$4.3B *
2026$4.6B *
R² = 99.3% · * 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$41,554/yr
Median rent$849/mo
Rent share of income24.5%
Est. mortgage (30yr, 6.5%)$11,262/yr
Mortgage share of income27.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.3%
State avg4.1%
U.S. avg5.2%
Labor force participation45.4%
Poverty rate16.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$185,600
Median monthly rent$849
Price-to-rent ratio18.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score49/100
Economic growth77/100
Labor market47/100
Population momentum0/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.