GDP / Output
+5.9% YoY
80
$21.0B
Output changed +5.9% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
83
2.9%
Unemployment is 2.9% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
+4.7% 5-year
78
9,003
Population moved +4.7% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
65
24.9%
Median rent consumes 24.9% 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
$8.7K per resident
100
$2.0B
$2.0B 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
$2.0B
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$216.4M
3. Department of Defense$155.9M
Top recipients
Dollars1. NORFOLK DREDGING COMPANY$64.5M
2. WEEKS MARINE, INC.$38.4M
3. UNIVERSITY OF NORTH CAROLINA AT WILMINGTON$29.4M
Affordable
Housing Affordability
24.9%
of median income
1BR estimate$1,059
2BR estimate$1,395
Median income$62,232
Median home value$300,700
ACS context
Quick Facts
Population
9,003
Median age
37.4
Bachelor's degree+
25.2%
Poverty rate
14.7%
Labor force participation
67.3%
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
Latest available
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
+0.9%
GDP CAGR
+7.7%
Federal flow
5 years
Population (5 years)
20208,596
20219,071
20228,561
20239,061
20249,003
GDP (5 years)
2020$14.6B
2021$16.4B
2022$18.0B
2023$19.9B
2024$21.0B
2-year linear forecast
Predictive Outlook
Population forecast
20249,003
20259,100 *
20269,180 *
R² = 24.4% · * projected
GDP forecast
2024$21.0B
2025$22.9B *
2026$24.6B *
R² = 99.5% · * 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$62,232/yr
Median rent$1,292/mo
Rent share of income24.9%
Est. mortgage (30yr, 6.5%)$18,246/yr
Mortgage share of income29.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.9%
State avg3.6%
U.S. avg5.2%
Labor force participation67.3%
Poverty rate14.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$300,700
Median monthly rent$1,292
Price-to-rent ratio19.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score80/100
Economic growth80/100
Labor market83/100
Population momentum78/100
Overall stability79/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.