GDP / Output
+3.3% YoY
62
$31.2B
Output changed +3.3% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
Jobs
Unemployment rate
59
4.2%
Unemployment is 4.2% for April 2026.
Vintage date unknown
State avg3.2%
U.S. avg4.3%
Population
+5.3% 5-year
82
23,680
Population moved +5.3% over the latest ACS window.
Vintage date unknown
State population6,851,073
U.S. population334,922,499
Housing
Rent share of income
74
18.9%
Median rent consumes 18.9% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.4K per resident
86
$3.2B
$3.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$3.2B
$6.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Veterans Affairs$213.4M
3. Department of Housing and Urban Development$85.1M
Top recipients
Dollars1. INDIANA DEPARTMENT OF TRANSPORTATION$61.5M
2. HOUSING AUTHORITY OF CITY OF GARY TH$27.6M
3. SOUTHLAKE/TRI-CITY MANAGEMENT CORP.$23.0M
Affordable
Housing Affordability
18.9%
of median income
1BR estimate$1,009
2BR estimate$1,328
Median income$78,062
Median home value$233,300
ACS context
Quick Facts
Population
23,680
Median age
44.6
Bachelor's degree+
29.6%
Poverty rate
11.6%
Labor force participation
61.8%
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
2026-06-10
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
+1.0%
GDP CAGR
+7.3%
Federal flow
5 years
Population (5 years)
202022,479
202123,695
202223,794
202323,749
202423,680
GDP (5 years)
2020$22.0B
2021$25.7B
2022$28.3B
2023$30.2B
2024$31.2B
2-year linear forecast
Predictive Outlook
Population forecast
202423,680
202524,216 *
202624,462 *
R² = 47.9% · * projected
GDP forecast
2024$31.2B
2025$34.4B *
2026$36.7B *
R² = 95.0% · * 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$78,062/yr
Median rent$1,230/mo
Rent share of income18.9%
Est. mortgage (30yr, 6.5%)$14,156/yr
Mortgage share of income18.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.2%
State avg3.2%
U.S. avg4.3%
Labor force participation61.8%
Poverty rate11.6%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$233,300
Median monthly rent$1,230
Price-to-rent ratio15.8x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score67/100
Economic growth62/100
Labor market59/100
Population momentum82/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.