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
34
5.8%
Unemployment is 5.8% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
-13.7% 5-year
0
2,586
Population moved -13.7% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
59
29.6%
Median rent consumes 29.6% 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$262.2B
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$165.9M
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
29.6%
of median income
1BR estimate$1,690
2BR estimate$2,226
Median income$83,488
Median home value$270,000
ACS context
Quick Facts
Population
2,586
Median age
40.0
Bachelor's degree+
38.0%
Poverty rate
8.3%
Labor force participation
74.9%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-09
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
-2.9%
GDP CAGR
+5.5%
Federal flow
5 years
Population (5 years)
20202,996
20213,168
20222,955
20232,843
20242,586
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
20242,586
20252,566 *
20262,452 *
R² = 70.7% · * 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$83,488/yr
Median rent$2,061/mo
Rent share of income29.6%
Est. mortgage (30yr, 6.5%)$16,383/yr
Mortgage share of income19.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.8%
State avg4.4%
U.S. avg4.1%
Labor force participation74.9%
Poverty rate8.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$270,000
Median monthly rent$2,061
Price-to-rent ratio10.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score44/100
Economic growth78/100
Labor market34/100
Population momentum0/100
Overall stability49/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.