GDP / Output
+5.5% YoY
78
$27.7B
Output changed +5.5% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
71
3.7%
Unemployment is 3.7% for April 2026.
Vintage date unknown
State avg6.4%
U.S. avg5.2%
Population
-1.9% 5-year
38
3,020
Population moved -1.9% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
68
22.8%
Median rent consumes 22.8% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.3K per resident
85
$2.5B
$2.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.5B
$6.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.8B
2. Department of Defense$279.1M
3. Department of Veterans Affairs$165.2M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$100.8M
2. DOBCO INC$34.2M
3. U.T.A. MESIVTA OF KIRYAS JOEL$24.4M
Affordable
Housing Affordability
22.8%
of median income
1BR estimate$1,136
2BR estimate$1,496
Median income$72,902
Median home value$340,100
ACS context
Quick Facts
Population
3,020
Median age
42.7
Bachelor's degree+
38.9%
Poverty rate
15.0%
Labor force participation
56.8%
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
2026-06-16
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
-0.4%
GDP CAGR
+5.5%
Federal flow
5 years
Population (5 years)
20203,080
20213,055
20223,027
20233,022
20243,020
GDP (5 years)
2020$21.2B
2021$22.9B
2022$24.7B
2023$26.3B
2024$27.7B
2-year linear forecast
Predictive Outlook
Population forecast
20243,020
20252,995 *
20262,980 *
R² = 86.2% · * projected
GDP forecast
2024$27.7B
2025$29.5B *
2026$31.2B *
R² = 99.9% · * 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$72,902/yr
Median rent$1,385/mo
Rent share of income22.8%
Est. mortgage (30yr, 6.5%)$20,637/yr
Mortgage share of income28.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.7%
State avg6.4%
U.S. avg5.2%
Labor force participation56.8%
Poverty rate15.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$340,100
Median monthly rent$1,385
Price-to-rent ratio20.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score66/100
Economic growth78/100
Labor market71/100
Population momentum38/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.