GDP / Output
-4.1% YoY
11
$877.0M
Output changed -4.1% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
3
7.9%
Unemployment is 7.9% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+1.2% 5-year
57
493
Population moved +1.2% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
87
9.6%
Median rent consumes 9.6% 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
$172.1M
$172.1M 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
$172.1M
$8.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$123.2M
2. Department of Agriculture$25.2M
3. Department of Veterans Affairs$15.7M
Top recipients
Dollars1. REDACTED DUE TO PII$24.7M
2. STATE OF MINNESOTA - PRESTON$3.5M
3. MINNESOTA DEPARTMENT OF TRANSPORTATION$3.4M
Affordable
Housing Affordability
9.6%
of median income
1BR estimate$517
2BR estimate$680
Median income$78,750
Median home value$185,300
ACS context
Quick Facts
Population
493
Median age
40.8
Bachelor's degree+
18.1%
Poverty rate
6.7%
Labor force participation
77.3%
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
+4.9%
Federal flow
5 years
Population (5 years)
2020487
2021517
2022484
2023490
2024493
GDP (5 years)
2020$690.6M
2021$756.7M
2022$862.0M
2023$914.2M
2024$877.0M
2-year linear forecast
Predictive Outlook
Population forecast
2024493
2025490 *
2026488 *
R² = 3.2% · * projected
GDP forecast
2024$877.0M
2025$979.2M *
2026$1.0B *
R² = 81.2% · * 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$78,750/yr
Median rent$630/mo
Rent share of income9.6%
Est. mortgage (30yr, 6.5%)$11,244/yr
Mortgage share of income14.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.9%
State avg4.5%
U.S. avg4.3%
Labor force participation77.3%
Poverty rate6.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$185,300
Median monthly rent$630
Price-to-rent ratio24.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateWeak
Composite score26/100
Economic growth11/100
Labor market3/100
Population momentum57/100
Overall stability43/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.