GDP / Output
+3.3% YoY
62
$31.2B
Output changed +3.3% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
Jobs
Unemployment rate
59
4.2%
Unemployment is 4.2% for April 2026.
Vintage date unknown
State avg3.2%
U.S. avg4.3%
Population
-7.2% 5-year
7
26,022
Population moved -7.2% over the latest ACS window.
Vintage date unknown
State population6,851,073
U.S. population334,922,499
Housing
Rent share of income
66
24.3%
Median rent consumes 24.3% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.4K per resident
86
$3.2B
$3.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$3.2B
$6.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Veterans Affairs$213.4M
3. Department of Housing and Urban Development$85.1M
Top recipients
Dollars1. INDIANA DEPARTMENT OF TRANSPORTATION$61.5M
2. HOUSING AUTHORITY OF CITY OF GARY TH$27.6M
3. SOUTHLAKE/TRI-CITY MANAGEMENT CORP.$23.0M
Affordable
Housing Affordability
24.3%
of median income
1BR estimate$700
2BR estimate$922
Median income$42,125
Median home value$105,400
ACS context
Quick Facts
Population
26,022
Median age
36.5
Bachelor's degree+
10.7%
Poverty rate
26.3%
Labor force participation
57.4%
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
-1.5%
GDP CAGR
+7.3%
Federal flow
5 years
Population (5 years)
202028,044
202126,502
202226,363
202326,158
202426,022
GDP (5 years)
2020$22.0B
2021$25.7B
2022$28.3B
2023$30.2B
2024$31.2B
2-year linear forecast
Predictive Outlook
Population forecast
202426,022
202525,301 *
202624,863 *
R² = 71.9% · * projected
GDP forecast
2024$31.2B
2025$34.4B *
2026$36.7B *
R² = 95.0% · * 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$42,125/yr
Median rent$854/mo
Rent share of income24.3%
Est. mortgage (30yr, 6.5%)$6,396/yr
Mortgage share of income15.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.2%
State avg3.2%
U.S. avg4.3%
Labor force participation57.4%
Poverty rate26.3%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$105,400
Median monthly rent$854
Price-to-rent ratio10.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score49/100
Economic growth62/100
Labor market59/100
Population momentum7/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.