GDP / Output
+6.1% YoY
82
$43.6B
Output changed +6.1% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
87
2.3%
Unemployment is 2.3% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg4.3%
Population
+6.6% 5-year
90
24,634
Population moved +6.6% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
77
16.6%
Median rent consumes 16.6% 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
$7.9K per resident
98
$3.8B
$3.8B 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
$3.8B
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.4B
2. Department of Education$404.3M
3. Department of Veterans Affairs$328.5M
Top recipients
Dollars1. EDFINANCIAL SERVICES LLC$249.3M
2. UNIVERSITY OF TENNESSEE$137.7M
3. DELEK US HOLDINGS, INC$95.0M
Affordable
Housing Affordability
16.6%
of median income
1BR estimate$1,612
2BR estimate$2,123
Median income$142,093
Median home value$583,400
ACS context
Quick Facts
Population
24,634
Median age
45.6
Bachelor's degree+
65.0%
Poverty rate
3.8%
Labor force participation
62.9%
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
+1.3%
GDP CAGR
+7.8%
Federal flow
5 years
Population (5 years)
202023,110
202123,388
202223,795
202324,309
202424,634
GDP (5 years)
2020$29.9B
2021$33.8B
2022$37.3B
2023$41.1B
2024$43.6B
2-year linear forecast
Predictive Outlook
Population forecast
202424,634
202525,038 *
202625,435 *
R² = 99.1% · * projected
GDP forecast
2024$43.6B
2025$47.6B *
2026$51.0B *
R² = 99.5% · * 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$142,093/yr
Median rent$1,966/mo
Rent share of income16.6%
Est. mortgage (30yr, 6.5%)$35,400/yr
Mortgage share of income24.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.3%
State avg3.6%
U.S. avg4.3%
Labor force participation62.9%
Poverty rate3.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$583,400
Median monthly rent$1,966
Price-to-rent ratio24.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score86/100
Economic growth82/100
Labor market87/100
Population momentum90/100
Overall stability85/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.