GDP / Output
+6.9% YoY
87
$3.9B
Output changed +6.9% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
99
1.8%
Unemployment is 1.8% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+1.6% 5-year
60
6,971
Population moved +1.6% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
76
17.1%
Median rent consumes 17.1% 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
$6.6K per resident
88
$480.7M
$480.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$121.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$480.7M
$6.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$377.0M
2. Department of Veterans Affairs$77.5M
3. Department of Transportation$8.9M
Top recipients
Dollars1. TENNESSEE DEPARTMENT OF TRANSPORTATION$8.9M
2. REDACTED DUE TO PII$8.6M
3. SPRINGFIELD HOUSING AUTHORITY$3.4M
Affordable
Housing Affordability
17.1%
of median income
1BR estimate$994
2BR estimate$1,309
Median income$85,174
Median home value$321,900
ACS context
Quick Facts
Population
6,971
Median age
36.8
Bachelor's degree+
21.2%
Poverty rate
6.0%
Labor force participation
71.3%
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
+0.3%
GDP CAGR
+8.0%
Federal flow
5 years
Population (5 years)
20206,859
20216,845
20226,954
20236,960
20246,971
GDP (5 years)
2020$2.6B
2021$2.9B
2022$3.3B
2023$3.6B
2024$3.9B
2-year linear forecast
Predictive Outlook
Population forecast
20246,971
20257,020 *
20267,053 *
R² = 78.3% · * projected
GDP forecast
2024$3.9B
2025$4.2B *
2026$4.5B *
R² = 99.7% · * 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$85,174/yr
Median rent$1,212/mo
Rent share of income17.1%
Est. mortgage (30yr, 6.5%)$19,532/yr
Mortgage share of income22.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.8%
State avg4.7%
U.S. avg5.2%
Labor force participation71.3%
Poverty rate6.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$321,900
Median monthly rent$1,212
Price-to-rent ratio22.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score84/100
Economic growth87/100
Labor market99/100
Population momentum60/100
Overall stability84/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.