GDP / Output
+9.8% YoY
100
$13.0B
Output changed +9.8% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
70
3.4%
Unemployment is 3.4% for June 2026.
Vintage date unknown
State avg3.6%
U.S. avg4.2%
Population
+16.3% 5-year
100
57,890
Population moved +16.3% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
70
21.4%
Median rent consumes 21.4% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$5.5K per resident
79
$1.2B
$1.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.2B
$5.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$975.5M
2. Department of Veterans Affairs$170.3M
3. Environmental Protection Agency$20.0M
Top recipients
Dollars1. THE WORKING LANDS TRUST, INC.$20.0M
2. CITY OF CONCORD$7.6M
3. MCNC$5.7M
Affordable
Housing Affordability
21.4%
of median income
1BR estimate$1,082
2BR estimate$1,425
Median income$73,836
Median home value$276,400
ACS context
Quick Facts
Population
57,890
Median age
36.9
Bachelor's degree+
29.7%
Poverty rate
12.6%
Labor force participation
67.5%
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
+3.1%
GDP CAGR
+8.9%
Federal flow
5 years
Population (5 years)
202049,788
202152,173
202253,314
202356,470
202457,890
GDP (5 years)
2020$8.5B
2021$9.5B
2022$10.5B
2023$11.8B
2024$13.0B
2-year linear forecast
Predictive Outlook
Population forecast
202457,890
202560,077 *
202662,127 *
R² = 98.3% · * projected
GDP forecast
2024$13.0B
2025$14.0B *
2026$15.2B *
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$73,836/yr
Median rent$1,319/mo
Rent share of income21.4%
Est. mortgage (30yr, 6.5%)$16,772/yr
Mortgage share of income22.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.4%
State avg3.6%
U.S. avg4.2%
Labor force participation67.5%
Poverty rate12.6%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$276,400
Median monthly rent$1,319
Price-to-rent ratio17.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score88/100
Economic growth100/100
Labor market70/100
Population momentum100/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.