GDP / Output
+5.6% YoY
78
$142.0B
Output changed +5.6% in 2024.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
78
2.9%
Unemployment is 2.9% for April 2026.
Vintage date unknown
State avg3.9%
U.S. avg4.3%
Population
+2.2% 5-year
63
1,333,048
Population moved +2.2% over the latest ACS window.
Vintage date unknown
State population11,810,293
U.S. population334,922,499
Housing
Rent share of income
71
20.8%
Median rent consumes 20.8% of median household income: Affordable.
Vintage date unknown
State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$129.0B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
20.8%
of median income
1BR estimate$1,068
2BR estimate$1,406
Median income$75,176
Median home value$288,400
ACS context
Quick Facts
Population
1,333,048
Median age
34.8
Bachelor's degree+
42.1%
Poverty rate
14.7%
Labor force participation
69.5%
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
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.4%
GDP CAGR
+6.0%
Federal flow
N/A
Population (5 years)
20201,304,715
20211,313,598
20221,318,149
20231,321,635
20241,333,048
GDP (5 years)
2020$106.0B
2021$117.1B
2022$125.9B
2023$134.5B
2024$142.0B
2-year linear forecast
Predictive Outlook
Population forecast
20241,333,048
20251,337,640 *
20261,344,110 *
R² = 96.2% · * projected
GDP forecast
2024$142.0B
2025$151.9B *
2026$160.8B *
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$75,176/yr
Median rent$1,302/mo
Rent share of income20.8%
Est. mortgage (30yr, 6.5%)$17,500/yr
Mortgage share of income23.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.9%
State avg3.9%
U.S. avg4.3%
Labor force participation69.5%
Poverty rate14.7%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$288,400
Median monthly rent$1,302
Price-to-rent ratio18.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score74/100
Economic growth78/100
Labor market78/100
Population momentum63/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.