GDP / Output
+6.5% YoY
85
$6.4B
Output changed +6.5% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
50
5.1%
Unemployment is 5.1% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
+5.2% 5-year
81
3,530
Population moved +5.2% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
81
13.6%
Median rent consumes 13.6% 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
$11.9K per resident
100
$1.4B
$1.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.4B
$11.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$902.4M
2. Department of Veterans Affairs$250.8M
3. Department of Homeland Security$106.7M
Top recipients
Dollars1. SDV OFFICE SYSTEMS LLC$184.5M
2. COTTON COMMERCIAL USA, INC.$82.2M
3. TRANSPORTATION NORTH CAROLINA DEPARTMENT$66.6M
Affordable
Housing Affordability
13.6%
of median income
1BR estimate$881
2BR estimate$1,160
Median income$95,098
Median home value$601,700
ACS context
Quick Facts
Population
3,530
Median age
67.1
Bachelor's degree+
66.0%
Poverty rate
7.6%
Labor force participation
33.5%
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
+1.0%
GDP CAGR
+7.9%
Federal flow
5 years
Population (5 years)
20203,354
20213,460
20223,483
20233,502
20243,530
GDP (5 years)
2020$4.3B
2021$4.7B
2022$5.3B
2023$6.0B
2024$6.4B
2-year linear forecast
Predictive Outlook
Population forecast
20243,530
20253,584 *
20263,623 *
R² = 85.0% · * projected
GDP forecast
2024$6.4B
2025$6.9B *
2026$7.5B *
R² = 98.9% · * 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$95,098/yr
Median rent$1,074/mo
Rent share of income13.6%
Est. mortgage (30yr, 6.5%)$36,510/yr
Mortgage share of income38.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.1%
State avg3.6%
U.S. avg5.2%
Labor force participation33.5%
Poverty rate7.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$601,700
Median monthly rent$1,074
Price-to-rent ratio46.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth85/100
Labor market50/100
Population momentum81/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.