GDP / Output
-4.9% YoY
4
$1.4B
Output changed -4.9% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
27
6.3%
Unemployment is 6.3% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg4.3%
Population
+0.6% 5-year
54
2,943
Population moved +0.6% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
76
17.1%
Median rent consumes 17.1% of median household income: Affordable.
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
$7.5K per resident
95
$248.4M
$248.4M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$121.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$248.4M
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$177.3M
2. Department of Education$22.6M
3. Department of Veterans Affairs$17.4M
Top recipients
Dollars1. UNIVERSITY OF TENNESSEE$22.6M
2. NORTH WEST TENNESSEE ECONOMIC DEVELOPMENT COUNCIL$13.4M
3. REDACTED DUE TO PII$10.0M
Affordable
Housing Affordability
17.1%
of median income
1BR estimate$595
2BR estimate$783
Median income$51,000
Median home value$126,900
ACS context
Quick Facts
Population
2,943
Median age
48.0
Bachelor's degree+
17.8%
Poverty rate
10.6%
Labor force participation
54.9%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
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
+0.1%
GDP CAGR
+3.9%
Federal flow
5 years
Population (5 years)
20202,924
20213,006
20222,983
20232,974
20242,943
GDP (5 years)
2020$1.2B
2021$1.4B
2022$1.4B
2023$1.5B
2024$1.4B
2-year linear forecast
Predictive Outlook
Population forecast
20242,943
20252,968 *
20262,968 *
R² = 0.1% · * projected
GDP forecast
2024$1.4B
2025$1.6B *
2026$1.6B *
R² = 58.9% · * 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$51,000/yr
Median rent$725/mo
Rent share of income17.1%
Est. mortgage (30yr, 6.5%)$7,700/yr
Mortgage share of income15.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.3%
State avg3.6%
U.S. avg4.3%
Labor force participation54.9%
Poverty rate10.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$126,900
Median monthly rent$725
Price-to-rent ratio14.6x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score30/100
Economic growth4/100
Labor market27/100
Population momentum54/100
Overall stability46/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.