GDP / Output
+8.4% YoY
98
$994.9M
Output changed +8.4% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
20
6.8%
Unemployment is 6.8% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+6.5% 5-year
89
1,596
Population moved +6.5% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
68
22.6%
Median rent consumes 22.6% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.9K per resident
98
$228.2M
$228.2M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$228.2M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$186.0M
2. Department of Veterans Affairs$23.3M
3. Department of Transportation$4.5M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$4.2M
2. MILLE LACS BAND OF OJIBWE$2.5M
3. REDACTED DUE TO PII$2.0M
Affordable
Housing Affordability
22.6%
of median income
1BR estimate$784
2BR estimate$1,032
Median income$50,714
Median home value$182,800
ACS context
Quick Facts
Population
1,596
Median age
45.0
Bachelor's degree+
14.5%
Poverty rate
19.7%
Labor force participation
54.1%
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
Latest available
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
+1.3%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
20201,499
20211,541
20221,564
20231,665
20241,596
GDP (5 years)
2020$756.4M
2021$832.4M
2022$865.1M
2023$918.0M
2024$994.9M
2-year linear forecast
Predictive Outlook
Population forecast
20241,596
20251,668 *
20261,700 *
R² = 64.9% · * projected
GDP forecast
2024$994.9M
2025$1.0B *
2026$1.1B *
R² = 98.3% · * 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$50,714/yr
Median rent$956/mo
Rent share of income22.6%
Est. mortgage (30yr, 6.5%)$11,092/yr
Mortgage share of income21.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.8%
State avg4.5%
U.S. avg4.3%
Labor force participation54.1%
Poverty rate19.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$182,800
Median monthly rent$956
Price-to-rent ratio15.9x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth98/100
Labor market20/100
Population momentum89/100
Overall stability66/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.