GDP / Output
+6.9% YoY
87
$9.8B
Output changed +6.9% in 2024.
Vintage date unknown
State growth5.3%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.0%
Unemployment is 0.0% for Latest available.
Vintage date unknown
State avg3.9%
U.S. avg5.2%
Population
-66.3% 5-year
0
206
Population moved -66.3% over the latest ACS window.
Vintage date unknown
State population1,101,801
U.S. population334,922,499
Housing
Rent share of income
63
26.4%
Median rent consumes 26.4% 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
$10.1K per resident
100
$1.3B
$1.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$15.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.3B
$10.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$929.8M
2. Department of Veterans Affairs$65.7M
3. Department of Commerce$48.7M
Top recipients
Dollars1. UNIVERSITY OF RHODE ISLAND$96.7M
2. EDESIA, INC.$36.8M
3. RHODE ISLAND DOT$32.1M
Affordable
Housing Affordability
26.4%
of median income
1BR estimate$384
2BR estimate$505
Median income$21,274
Median home value$273,400
ACS context
Quick Facts
Population
206
Median age
71.6
Bachelor's degree+
8.9%
Poverty rate
12.1%
Labor force participation
38.3%
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
-19.6%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
2020612
2021688
2022421
2023402
2024206
GDP (5 years)
2020$7.3B
2021$8.0B
2022$8.5B
2023$9.1B
2024$9.8B
2-year linear forecast
Predictive Outlook
Population forecast
2024206
2025136 *
202627 *
R² = 83.5% · * projected
GDP forecast
2024$9.8B
2025$10.4B *
2026$11.0B *
R² = 99.8% · * 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$21,274/yr
Median rent$468/mo
Rent share of income26.4%
Est. mortgage (30yr, 6.5%)$16,590/yr
Mortgage share of income78.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.0%
State avg3.9%
U.S. avg5.2%
Labor force participation38.3%
Poverty rate12.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$273,400
Median monthly rent$468
Price-to-rent ratio48.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth87/100
Labor market100/100
Population momentum0/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.