GDP / Output
+4.0% YoY
67
$7.9B
Output changed +4.0% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
69
3.5%
Unemployment is 3.5% for June 2026.
Vintage date unknown
State avg3.6%
U.S. avg4.2%
Population
+2.4% 5-year
64
3,043
Population moved +2.4% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
68
22.7%
Median rent consumes 22.7% 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
$7.4K per resident
95
$1.1B
$1.1B 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
$1.1B
$7.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$834.3M
2. Department of Veterans Affairs$168.4M
3. Department of Education$26.8M
Top recipients
Dollars1. C & C CONTRACTORS LLC$24.1M
2. ROWAN CABARRUS COMMUNITY COLLEGE$12.0M
3. LIVINGSTONE COLLEGE, INC.$11.4M
Affordable
Housing Affordability
22.7%
of median income
1BR estimate$901
2BR estimate$1,187
Median income$57,981
Median home value$257,300
ACS context
Quick Facts
Population
3,043
Median age
38.6
Bachelor's degree+
28.5%
Poverty rate
8.3%
Labor force participation
64.9%
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
June 2026
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
+0.5%
GDP CAGR
+6.5%
Federal flow
5 years
Population (5 years)
20202,973
20212,977
20222,988
20233,015
20243,043
GDP (5 years)
2020$5.7B
2021$6.5B
2022$7.0B
2023$7.6B
2024$7.9B
2-year linear forecast
Predictive Outlook
Population forecast
20243,043
20253,053 *
20263,070 *
R² = 91.2% · * projected
GDP forecast
2024$7.9B
2025$8.6B *
2026$9.1B *
R² = 98.0% · * 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$57,981/yr
Median rent$1,099/mo
Rent share of income22.7%
Est. mortgage (30yr, 6.5%)$15,613/yr
Mortgage share of income26.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.5%
State avg3.6%
U.S. avg4.2%
Labor force participation64.9%
Poverty rate8.3%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$257,300
Median monthly rent$1,099
Price-to-rent ratio19.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score68/100
Economic growth67/100
Labor market69/100
Population momentum64/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.