GDP / Output
+5.1% YoY
75
$135.9B
Output changed +5.1% in 2024.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
77
3.0%
Unemployment is 3.0% for April 2026.
Vintage date unknown
State avg3.9%
U.S. avg4.3%
Population
+0.4% 5-year
52
1,245,873
Population moved +0.4% over the latest ACS window.
Vintage date unknown
State population11,810,293
U.S. population334,922,499
Housing
Rent share of income
72
19.7%
Median rent consumes 19.7% of median household income: Affordable.
Vintage date unknown
State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$129.0B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
19.7%
of median income
1BR estimate$869
2BR estimate$1,145
Median income$64,468
Median home value$195,400
ACS context
Quick Facts
Population
1,245,873
Median age
40.4
Bachelor's degree+
36.5%
Poverty rate
16.1%
Labor force participation
63.8%
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
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
HUD Fair Market Rent
Latest available
Data notes
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.1%
GDP CAGR
+5.9%
Federal flow
N/A
Population (5 years)
20201,241,475
20211,263,667
20221,256,620
20231,249,418
20241,245,873
GDP (5 years)
2020$102.2B
2021$111.0B
2022$122.2B
2023$129.3B
2024$135.9B
2-year linear forecast
Predictive Outlook
Population forecast
20241,245,873
20251,249,775 *
20261,249,229 *
R² = 1.0% · * projected
GDP forecast
2024$135.9B
2025$145.9B *
2026$154.5B *
R² = 99.0% · * 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$64,468/yr
Median rent$1,060/mo
Rent share of income19.7%
Est. mortgage (30yr, 6.5%)$11,857/yr
Mortgage share of income18.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.0%
State avg3.9%
U.S. avg4.3%
Labor force participation63.8%
Poverty rate16.1%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$195,400
Median monthly rent$1,060
Price-to-rent ratio15.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score70/100
Economic growth75/100
Labor market77/100
Population momentum52/100
Overall stability71/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.