GDP / Output
+5.2% YoY
76
$2.9B
Output changed +5.2% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
66
3.7%
Unemployment is 3.7% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
-0.8% 5-year
45
754
Population moved -0.8% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
85
10.8%
Median rent consumes 10.8% 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
$8.1K per resident
100
$301.8M
$301.8M 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
$301.8M
$8.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$205.5M
2. Department of Health and Human Services$39.0M
3. Department of Agriculture$35.2M
Top recipients
Dollars1. REDACTED DUE TO PII$14.8M
2. LAKESIDE FOODS INC$12.2M
3. STEELE-WASECA COOPERATIVE ELECTRIC$7.9M
Affordable
Housing Affordability
10.8%
of median income
1BR estimate$659
2BR estimate$868
Median income$89,375
Median home value$155,200
ACS context
Quick Facts
Population
754
Median age
37.4
Bachelor's degree+
24.6%
Poverty rate
2.7%
Labor force participation
80.2%
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
2026-06-10
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
-0.2%
GDP CAGR
+4.6%
Federal flow
5 years
Population (5 years)
2020760
2021637
2022594
2023626
2024754
GDP (5 years)
2020$2.3B
2021$2.5B
2022$2.6B
2023$2.7B
2024$2.9B
2-year linear forecast
Predictive Outlook
Population forecast
2024754
2025667 *
2026665 *
R² = 0.2% · * projected
GDP forecast
2024$2.9B
2025$3.0B *
2026$3.2B *
R² = 99.1% · * 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$89,375/yr
Median rent$804/mo
Rent share of income10.8%
Est. mortgage (30yr, 6.5%)$9,417/yr
Mortgage share of income10.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.7%
State avg4.5%
U.S. avg4.3%
Labor force participation80.2%
Poverty rate2.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$155,200
Median monthly rent$804
Price-to-rent ratio16.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score67/100
Economic growth76/100
Labor market66/100
Population momentum45/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.