GDP / Output
+2.6% YoY
57
$3.1B
Output changed +2.6% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
20
7.1%
Unemployment is 7.1% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+7.1% 5-year
92
7,761
Population moved +7.1% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
70
21.7%
Median rent consumes 21.7% 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
$9.6K per resident
100
$353.0M
$353.0M 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
$353.0M
$9.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$272.4M
2. Department of Defense$32.6M
3. Department of Veterans Affairs$23.7M
Top recipients
Dollars1. EASTERN SHAWNEE - BAY WEST JV, LLC$14.4M
2. TRANSPORTATION NORTH CAROLINA DEPARTMENT$11.0M
3. BAY WEST LLC$7.6M
Affordable
Housing Affordability
21.7%
of median income
1BR estimate$1,333
2BR estimate$1,756
Median income$89,773
Median home value$442,200
ACS context
Quick Facts
Population
7,761
Median age
48.5
Bachelor's degree+
44.8%
Poverty rate
9.1%
Labor force participation
69.0%
Prime rate
7.0%
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
2026-09-17
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
+1.4%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
20207,249
20217,541
20227,658
20237,727
20247,761
GDP (5 years)
2020$2.3B
2021$2.7B
2022$2.9B
2023$3.0B
2024$3.1B
2-year linear forecast
Predictive Outlook
Population forecast
20247,761
20257,950 *
20268,071 *
R² = 85.5% · * projected
GDP forecast
2024$3.1B
2025$3.4B *
2026$3.5B *
R² = 88.8% · * 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$89,773/yr
Median rent$1,626/mo
Rent share of income21.7%
Est. mortgage (30yr, 6.5%)$26,832/yr
Mortgage share of income29.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.1%
State avg4.7%
U.S. avg5.2%
Labor force participation69.0%
Poverty rate9.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$442,200
Median monthly rent$1,626
Price-to-rent ratio22.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score55/100
Economic growth57/100
Labor market20/100
Population momentum92/100
Overall stability59/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.