GDP / Output
+1.7% YoY
51
$1.7B
Output changed +1.7% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
48
4.9%
Unemployment is 4.9% for June 2026.
Vintage date unknown
State avg4.1%
U.S. avg4.2%
Population
-10.5% 5-year
0
340
Population moved -10.5% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
83
12.0%
Median rent consumes 12.0% 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
$8.7K per resident
100
$268.9M
$268.9M 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
$268.9M
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$193.9M
2. Department of Agriculture$34.0M
3. Department of Veterans Affairs$18.1M
Top recipients
Dollars1. REDACTED DUE TO PII$32.7M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$16.6M
3. ALBERT LEA HOUSING AUTHORITY$1.8M
Affordable
Housing Affordability
12.0%
of median income
1BR estimate$526
2BR estimate$693
Median income$64,375
Median home value$151,500
ACS context
Quick Facts
Population
340
Median age
44.5
Bachelor's degree+
16.0%
Poverty rate
13.3%
Labor force participation
56.6%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
-2.2%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
2020380
2021322
2022338
2023380
2024340
GDP (5 years)
2020$1.3B
2021$1.5B
2022$1.7B
2023$1.7B
2024$1.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024340
2025345 *
2026343 *
R² = 1.7% · * projected
GDP forecast
2024$1.7B
2025$1.9B *
2026$2.0B *
R² = 88.5% · * 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$64,375/yr
Median rent$642/mo
Rent share of income12.0%
Est. mortgage (30yr, 6.5%)$9,193/yr
Mortgage share of income14.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg4.1%
U.S. avg4.2%
Labor force participation56.6%
Poverty rate13.3%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$151,500
Median monthly rent$642
Price-to-rent ratio19.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score41/100
Economic growth51/100
Labor market48/100
Population momentum0/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.