GDP / Output
+7.0% YoY
88
$27.6B
Output changed +7.0% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
80
3.1%
Unemployment is 3.1% for June 2026.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+5.9% 5-year
86
999
Population moved +5.9% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
74
18.4%
Median rent consumes 18.4% 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
$5.3K per resident
77
$1.8B
$1.8B 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
$1.8B
$5.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.3B
2. Department of Veterans Affairs$356.6M
3. Department of Education$45.9M
Top recipients
Dollars1. MIDDLE TENNESSEE STATE UNIVERSITY$51.8M
2. FEDEX SUPPLY CHAIN DISTRIBUTION SYSTEM, INC.$36.7M
3. TENNESSEE DEPARTMENT OF TRANSPORTATION$24.3M
Affordable
Housing Affordability
18.4%
of median income
1BR estimate$1,110
2BR estimate$1,462
Median income$88,317
Median home value$416,700
ACS context
Quick Facts
Population
999
Median age
36.3
Bachelor's degree+
34.3%
Poverty rate
9.3%
Labor force participation
68.2%
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
+1.2%
GDP CAGR
+8.1%
Federal flow
5 years
Population (5 years)
2020943
2021930
2022982
2023934
2024999
GDP (5 years)
2020$18.7B
2021$21.1B
2022$23.5B
2023$25.8B
2024$27.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024999
2025992 *
20261,004 *
R² = 35.0% · * projected
GDP forecast
2024$27.6B
2025$30.1B *
2026$32.4B *
R² = 99.7% · * 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$88,317/yr
Median rent$1,354/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$25,285/yr
Mortgage share of income28.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.1%
State avg4.7%
U.S. avg5.2%
Labor force participation68.2%
Poverty rate9.3%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$416,700
Median monthly rent$1,354
Price-to-rent ratio25.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score84/100
Economic growth88/100
Labor market80/100
Population momentum86/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.