GDP / Output
+2.8% YoY
58
$2.6B
Output changed +2.8% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
68
3.6%
Unemployment is 3.6% for April 2026.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
-33.0% 5-year
0
560
Population moved -33.0% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
49
36.5%
Median rent consumes 36.5% of median household income: Strained.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$9.0K per resident
100
$385.6M
$385.6M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$385.6M
$9.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$252.1M
2. Department of Defense$45.8M
3. Department of Veterans Affairs$43.8M
Top recipients
Dollars1. MCRAE INDUSTRIES INC$26.5M
2. OUTSIDE BOX LLC$18.9M
3. TRANSPORTATION NORTH CAROLINA DEPARTMENT$7.3M
Strained
Housing Affordability
36.5%
of median income
1BR estimate$473
2BR estimate$623
Median income$18,958
Median home value$56,000
ACS context
Quick Facts
Population
560
Median age
42.6
Bachelor's degree+
3.5%
Poverty rate
50.0%
Labor force participation
50.6%
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
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-7.7%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020836
2021735
2022645
2023711
2024560
GDP (5 years)
2020$2.0B
2021$2.1B
2022$2.5B
2023$2.5B
2024$2.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024560
2025525 *
2026467 *
R² = 78.2% · * projected
GDP forecast
2024$2.6B
2025$2.9B *
2026$3.0B *
R² = 87.8% · * 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$18,958/yr
Median rent$577/mo
Rent share of income36.5%
Est. mortgage (30yr, 6.5%)$3,398/yr
Mortgage share of income17.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.6%
State avg3.7%
U.S. avg4.3%
Labor force participation50.6%
Poverty rate50.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$56,000
Median monthly rent$577
Price-to-rent ratio8.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score48/100
Economic growth58/100
Labor market68/100
Population momentum0/100
Overall stability54/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.