GDP / Output
+2.0% YoY
53
$1.5B
Output changed +2.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
0
9.5%
Unemployment is 9.5% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
-3.6% 5-year
29
81
Population moved -3.6% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
65
25.2%
Median rent consumes 25.2% 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
$8.3K per resident
100
$282.1M
$282.1M 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
$282.1M
$8.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$191.2M
2. Department of Veterans Affairs$33.6M
3. Department of Agriculture$22.7M
Top recipients
Dollars1. REDACTED DUE TO PII$17.0M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$15.7M
3. CITY OF LITTLE FALLS$4.5M
Affordable
Housing Affordability
25.2%
of median income
1BR estimate$1,396
2BR estimate$1,839
Median income$81,172
Median home value$185,400
ACS context
Quick Facts
Population
81
Median age
51.4
Bachelor's degree+
27.7%
Poverty rate
16.0%
Labor force participation
58.3%
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
-0.7%
GDP CAGR
+5.1%
Federal flow
5 years
Population (5 years)
202084
202187
202269
202364
202481
GDP (5 years)
2020$1.2B
2021$1.2B
2022$1.4B
2023$1.5B
2024$1.5B
2-year linear forecast
Predictive Outlook
Population forecast
202481
202568 *
202665 *
R² = 21.1% · * projected
GDP forecast
2024$1.5B
2025$1.6B *
2026$1.7B *
R² = 86.9% · * 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$81,172/yr
Median rent$1,703/mo
Rent share of income25.2%
Est. mortgage (30yr, 6.5%)$11,250/yr
Mortgage share of income13.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate9.5%
State avg4.5%
U.S. avg4.3%
Labor force participation58.3%
Poverty rate16.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$185,400
Median monthly rent$1,703
Price-to-rent ratio9.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score32/100
Economic growth53/100
Labor market0/100
Population momentum29/100
Overall stability41/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.