GDP / Output
+5.1% YoY
75
$592.8B
Output changed +5.1% in 2024.
Vintage date unknown
State growth5.0%
U.S. growth5.3%
Jobs
Unemployment rate
43
5.2%
Unemployment is 5.2% for July 2026.
Vintage date unknown
State avg4.5%
U.S. avg4.1%
Population
+3.4% 5-year
70
4,838,303
Population moved +3.4% over the latest ACS window.
Vintage date unknown
State population30,188,424
U.S. population334,922,499
Housing
Rent share of income
69
22.4%
Median rent consumes 22.4% of median household income: Affordable.
Vintage date unknown
State rent$1.4K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$311.5B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
22.4%
of median income
1BR estimate$1,149
2BR estimate$1,513
Median income$74,983
Median home value$276,600
ACS context
Quick Facts
Population
4,838,303
Median age
34.6
Bachelor's degree+
34.2%
Poverty rate
16.3%
Labor force participation
67.4%
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
July 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-09
HUD Fair Market Rent
Latest available
Data notes
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.7%
GDP CAGR
+8.8%
Federal flow
N/A
Population (5 years)
20204,680,609
20214,697,957
20224,726,177
20234,758,579
20244,838,303
GDP (5 years)
2020$389.5B
2021$448.1B
2022$515.8B
2023$564.0B
2024$592.8B
2-year linear forecast
Predictive Outlook
Population forecast
20244,838,303
20254,853,128 *
20264,890,729 *
R² = 91.2% · * projected
GDP forecast
2024$592.8B
2025$658.7B *
2026$711.0B *
R² = 98.1% · * 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$74,983/yr
Median rent$1,401/mo
Rent share of income22.4%
Est. mortgage (30yr, 6.5%)$16,784/yr
Mortgage share of income22.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.2%
State avg4.5%
U.S. avg4.1%
Labor force participation67.4%
Poverty rate16.3%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$276,600
Median monthly rent$1,401
Price-to-rent ratio16.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score63/100
Economic growth75/100
Labor market43/100
Population momentum70/100
Overall stability62/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.