GDP / Output
+5.9% YoY
80
$1.4B
Output changed +5.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
86
2.7%
Unemployment is 2.7% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
+18.8% 5-year
100
1,076
Population moved +18.8% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
80
14.0%
Median rent consumes 14.0% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$10.9K per resident
100
$326.6M
$326.6M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$326.6M
$10.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$248.5M
2. Department of Veterans Affairs$22.7M
3. Department of the Interior$12.4M
Top recipients
Dollars1. LEECH LAKE BAND OF OJIBWE$17.0M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$7.2M
3. LEECH LAKE TRIBAL COLLEGE, INC.$4.7M
Affordable
Housing Affordability
14.0%
of median income
1BR estimate$1,179
2BR estimate$1,553
Median income$123,333
Median home value$553,700
ACS context
Quick Facts
Population
1,076
Median age
50.6
Bachelor's degree+
48.9%
Poverty rate
3.6%
Labor force participation
63.5%
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
Latest available
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
+3.5%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020906
2021961
20221,027
20231,173
20241,076
GDP (5 years)
2020$1.0B
2021$1.5B
2022$1.3B
2023$1.3B
2024$1.4B
2-year linear forecast
Predictive Outlook
Population forecast
20241,076
20251,194 *
20261,249 *
R² = 71.4% · * projected
GDP forecast
2024$1.4B
2025$1.4B *
2026$1.5B *
R² = 24.5% · * 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$123,333/yr
Median rent$1,438/mo
Rent share of income14.0%
Est. mortgage (30yr, 6.5%)$33,598/yr
Mortgage share of income27.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.7%
State avg4.1%
U.S. avg5.2%
Labor force participation63.5%
Poverty rate3.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$553,700
Median monthly rent$1,438
Price-to-rent ratio32.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score87/100
Economic growth80/100
Labor market86/100
Population momentum100/100
Overall stability87/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.