GDP / Output
+6.5% YoY
84
$7.0B
Output changed +6.5% in 2024.
Vintage date unknown
State growth3.0%
U.S. growth5.3%
Jobs
Unemployment rate
98
1.6%
Unemployment is 1.6% for Latest available.
Vintage date unknown
State avg4.0%
U.S. avg4.3%
Population
+4.9% 5-year
80
297
Population moved +4.9% over the latest ACS window.
Vintage date unknown
State population4,028,634
U.S. population334,922,499
Housing
Rent share of income
75
18.1%
Median rent consumes 18.1% of median household income: Affordable.
Vintage date unknown
State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$11.8K per resident
100
$1.4B
$1.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$50.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.4B
$11.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$500.9M
2. Department of Veterans Affairs$449.8M
3. Department of Defense$269.1M
Top recipients
Dollars1. STRUCTSURE PROJECTS INC$69.0M
2. PROFESSIONAL CONTRACT SERVICES, INC.$43.2M
3. DEPARTMENT OF REHABILITATION SERVICES$33.8M
Affordable
Housing Affordability
18.1%
of median income
1BR estimate$738
2BR estimate$972
Median income$59,688
Median home value$58,400
ACS context
Quick Facts
Population
297
Median age
43.3
Bachelor's degree+
14.7%
Poverty rate
12.5%
Labor force participation
47.7%
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
+1.0%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
2020283
2021287
2022288
2023275
2024297
GDP (5 years)
2020$5.3B
2021$5.8B
2022$6.1B
2023$6.5B
2024$7.0B
2-year linear forecast
Predictive Outlook
Population forecast
2024297
2025291 *
2026292 *
R² = 10.0% · * projected
GDP forecast
2024$7.0B
2025$7.3B *
2026$7.7B *
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$59,688/yr
Median rent$900/mo
Rent share of income18.1%
Est. mortgage (30yr, 6.5%)$3,544/yr
Mortgage share of income5.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.6%
State avg4.0%
U.S. avg4.3%
Labor force participation47.7%
Poverty rate12.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$58,400
Median monthly rent$900
Price-to-rent ratio5.4x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score87/100
Economic growth84/100
Labor market98/100
Population momentum80/100
Overall stability87/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.