GDP / Output
+5.4% YoY
77
$5.3B
Output changed +5.4% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
93
2.2%
Unemployment is 2.2% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
-20.7% 5-year
0
1,336
Population moved -20.7% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
90
7.1%
Median rent consumes 7.1% 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
$6.5K per resident
87
$638.7M
$638.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$71.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$638.7M
$6.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$515.9M
2. Department of Veterans Affairs$77.1M
3. Department of Housing and Urban Development$16.1M
Top recipients
Dollars1. ALABAMA DEPARTMENT OF TRANSPORTATION$11.2M
2. SNEAD STATE COMMUNITY COLLEGE$6.6M
3. HOUSING AUTHORITY OF CITY OF BOAZ$5.1M
Affordable
Housing Affordability
7.1%
of median income
1BR estimate$445
2BR estimate$586
Median income$91,477
Median home value$239,400
ACS context
Quick Facts
Population
1,336
Median age
29.6
Bachelor's degree+
29.1%
Poverty rate
8.6%
Labor force participation
62.9%
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
Latest available
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
-4.5%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
20201,685
20211,524
20221,667
20231,410
20241,336
GDP (5 years)
2020$3.8B
2021$4.2B
2022$4.7B
2023$5.0B
2024$5.3B
2-year linear forecast
Predictive Outlook
Population forecast
20241,336
20251,281 *
20261,200 *
R² = 69.6% · * projected
GDP forecast
2024$5.3B
2025$5.7B *
2026$6.1B *
R² = 98.6% · * 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$91,477/yr
Median rent$543/mo
Rent share of income7.1%
Est. mortgage (30yr, 6.5%)$14,526/yr
Mortgage share of income15.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.2%
State avg3.2%
U.S. avg5.2%
Labor force participation62.9%
Poverty rate8.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$239,400
Median monthly rent$543
Price-to-rent ratio36.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score65/100
Economic growth77/100
Labor market93/100
Population momentum0/100
Overall stability75/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.