GDP / Output
+4.4% YoY
70
$81.1B
Output changed +4.4% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
79
2.8%
Unemployment is 2.8% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
-9.3% 5-year
0
3,584
Population moved -9.3% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
81
13.7%
Median rent consumes 13.7% 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
$9.6K per resident
100
$9.1B
$9.1B 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
$9.1B
$9.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$5.3B
2. Department of Health and Human Services$2.3B
3. Department of Veterans Affairs$471.4M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$149.9M
2. THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK$102.7M
3. MOOG MILITARY AIRCRAFT LLC$92.3M
Affordable
Housing Affordability
13.7%
of median income
1BR estimate$820
2BR estimate$1,080
Median income$87,800
Median home value$186,300
ACS context
Quick Facts
Population
3,584
Median age
50.6
Bachelor's degree+
18.5%
Poverty rate
15.9%
Labor force participation
52.2%
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
2026-09-15
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
-1.9%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
20203,953
20213,962
20223,809
20233,701
20243,584
GDP (5 years)
2020$61.9B
2021$66.8B
2022$72.3B
2023$77.7B
2024$81.1B
2-year linear forecast
Predictive Outlook
Population forecast
20243,584
20253,502 *
20263,402 *
R² = 94.0% · * projected
GDP forecast
2024$81.1B
2025$86.8B *
2026$91.7B *
R² = 99.4% · * 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$87,800/yr
Median rent$1,000/mo
Rent share of income13.7%
Est. mortgage (30yr, 6.5%)$11,304/yr
Mortgage share of income12.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.8%
State avg4.4%
U.S. avg4.1%
Labor force participation52.2%
Poverty rate15.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$186,300
Median monthly rent$1,000
Price-to-rent ratio15.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score58/100
Economic growth70/100
Labor market79/100
Population momentum0/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.