GDP / Output
-4.0% YoY
11
$1.7B
Output changed -4.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
54
4.8%
Unemployment is 4.8% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
-5.1% 5-year
19
427
Population moved -5.1% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
69
22.1%
Median rent consumes 22.1% 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
$8.9K per resident
100
$278.8M
$278.8M 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
$278.8M
$8.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$156.4M
2. Department of Agriculture$36.0M
3. Department of the Interior$21.4M
Top recipients
Dollars1. REDACTED DUE TO PII$35.5M
2. RED LAKE BAND OF CHIPPEWA INDIANS$21.1M
3. TRI VALLEY OPPORTUNITY COUNCIL INC$17.7M
Affordable
Housing Affordability
22.1%
of median income
1BR estimate$677
2BR estimate$891
Median income$44,844
Median home value$117,100
ACS context
Quick Facts
Population
427
Median age
40.5
Bachelor's degree+
13.3%
Poverty rate
9.4%
Labor force participation
59.7%
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
-1.0%
GDP CAGR
+2.8%
Federal flow
5 years
Population (5 years)
2020450
2021458
2022440
2023445
2024427
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.8B
2023$1.8B
2024$1.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024427
2025426 *
2026420 *
R² = 64.7% · * projected
GDP forecast
2024$1.7B
2025$1.8B *
2026$1.9B *
R² = 36.7% · * 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$44,844/yr
Median rent$825/mo
Rent share of income22.1%
Est. mortgage (30yr, 6.5%)$7,105/yr
Mortgage share of income15.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.8%
State avg4.1%
U.S. avg5.2%
Labor force participation59.7%
Poverty rate9.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$117,100
Median monthly rent$825
Price-to-rent ratio11.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score33/100
Economic growth11/100
Labor market54/100
Population momentum19/100
Overall stability49/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.