GDP / Output
+1.6% YoY
50
$13.9B
Output changed +1.6% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
50
4.8%
Unemployment is 4.8% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
-7.5% 5-year
5
86
Population moved -7.5% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
NA
Unavailable
Housing affordability could not be calculated.
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
$8.2K per resident
100
$1.6B
$1.6B 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
$1.6B
$8.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.2B
2. Department of Veterans Affairs$136.3M
3. Department of Transportation$81.2M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$49.0M
2. DULUTH, CITY OF$23.8M
3. HOUSING AND REDEVELOPMENT AUTHORITY OF DULUTH, MINNESOTA$18.9M
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimateUnavailable
2BR estimateUnavailable
Median income$48,750
Median home value$132,300
ACS context
Quick Facts
Population
86
Median age
30.5
Bachelor's degree+
17.6%
Poverty rate
14.0%
Labor force participation
65.6%
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
-1.6%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
202093
2021107
202285
202395
202486
GDP (5 years)
2020$10.5B
2021$11.5B
2022$12.5B
2023$13.7B
2024$13.9B
2-year linear forecast
Predictive Outlook
Population forecast
202486
202585 *
202683 *
R² = 21.6% · * projected
GDP forecast
2024$13.9B
2025$15.1B *
2026$16.0B *
R² = 96.9% · * 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$48,750/yr
Est. mortgage (30yr, 6.5%)$8,028/yr
Mortgage share of income16.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.8%
State avg4.5%
U.S. avg4.3%
Labor force participation65.6%
Poverty rate14.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$132,300
composite score
Investment Climate
Investment climateModerate
Composite score41/100
Economic growth50/100
Labor market50/100
Population momentum5/100
Overall stability48/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.