GDP / Output
+6.1% YoY
81
$105.4B
Output changed +6.1% in 2024.
Vintage date unknown
State growth6.3%
U.S. growth5.3%
Jobs
Unemployment rate
99
1.8%
Unemployment is 1.8% for Latest available.
Vintage date unknown
State avg4.8%
U.S. avg5.2%
Population
+0.4% 5-year
52
23,654
Population moved +0.4% over the latest ACS window.
Vintage date unknown
State population22,416,077
U.S. population334,922,499
Housing
Rent share of income
74
18.4%
Median rent consumes 18.4% of median household income: Affordable.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$325.0B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
18.4%
of median income
1BR estimate$1,515
2BR estimate$1,996
Median income$120,698
Median home value$575,800
ACS context
Quick Facts
Population
23,654
Median age
46.1
Bachelor's degree+
59.5%
Poverty rate
4.8%
Labor force participation
67.9%
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
2026-06-16
HUD Fair Market Rent
Latest available
Data notes
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.1%
GDP CAGR
+7.8%
Federal flow
N/A
Population (5 years)
202023,562
202123,492
202223,583
202323,601
202423,654
GDP (5 years)
2020$72.4B
2021$80.6B
2022$91.0B
2023$99.3B
2024$105.4B
2-year linear forecast
Predictive Outlook
Population forecast
202423,654
202523,666 *
202623,696 *
R² = 61.4% · * projected
GDP forecast
2024$105.4B
2025$115.2B *
2026$123.6B *
R² = 99.3% · * 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$120,698/yr
Median rent$1,848/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$34,939/yr
Mortgage share of income28.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.8%
State avg4.8%
U.S. avg5.2%
Labor force participation67.9%
Poverty rate4.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$575,800
Median monthly rent$1,848
Price-to-rent ratio26.0x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score79/100
Economic growth81/100
Labor market99/100
Population momentum52/100
Overall stability80/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.