GDP / Output
+3.6% YoY
64
$34.4B
Output changed +3.6% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
68
3.6%
Unemployment is 3.6% for April 2026.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
+3.0% 5-year
68
389,977
Population moved +3.0% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
73
19.6%
Median rent consumes 19.6% 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
$7.5K per resident
95
$2.9B
$2.9B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.9B
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.0B
2. Department of Veterans Affairs$281.6M
3. Department of Health and Human Services$182.3M
Top recipients
Dollars1. WAKE FOREST UNIVERSITY HEALTH SCIENCES$174.9M
2. TRANSPORTATION NORTH CAROLINA DEPARTMENT$110.8M
3. HOUSING AUTHORITY OF THE CITY OF WINSTON-SALEM$54.9M
Affordable
Housing Affordability
19.6%
of median income
1BR estimate$900
2BR estimate$1,186
Median income$67,165
Median home value$250,400
ACS context
Quick Facts
Population
389,977
Median age
38.4
Bachelor's degree+
38.5%
Poverty rate
14.5%
Labor force participation
62.2%
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
April 2026
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
+0.6%
GDP CAGR
+5.7%
Federal flow
5 years
Population (5 years)
2020378,499
2021380,583
2022383,739
2023386,740
2024389,977
GDP (5 years)
2020$26.0B
2021$28.4B
2022$30.6B
2023$33.2B
2024$34.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024389,977
2025392,642 *
2026395,553 *
R² = 99.5% · * projected
GDP forecast
2024$34.4B
2025$37.0B *
2026$39.1B *
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$67,165/yr
Median rent$1,098/mo
Rent share of income19.6%
Est. mortgage (30yr, 6.5%)$15,194/yr
Mortgage share of income22.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.6%
State avg3.7%
U.S. avg4.3%
Labor force participation62.2%
Poverty rate14.5%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$250,400
Median monthly rent$1,098
Price-to-rent ratio19.0x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score68/100
Economic growth64/100
Labor market68/100
Population momentum68/100
Overall stability71/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.