GDP / Output
+3.4% YoY
63
$8.3B
Output changed +3.4% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
0
13.5%
Unemployment is 13.5% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg5.2%
Population
-30.2% 5-year
0
512
Population moved -30.2% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
79
14.7%
Median rent consumes 14.7% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
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
$961.1M
$961.1M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$961.1M
$8.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$531.2M
2. Department of Veterans Affairs$176.1M
3. Department of Defense$119.1M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$45.3M
2. INDIAN RIVER CENTRAL SCHOOL DISTRICT$20.8M
3. ARMITAGE SAI JV$17.8M
Affordable
Housing Affordability
14.7%
of median income
1BR estimate$615
2BR estimate$810
Median income$61,250
Median home value$307,100
ACS context
Quick Facts
Population
512
Median age
32.7
Bachelor's degree+
21.8%
Poverty rate
16.0%
Labor force participation
61.2%
Prime rate
6.8%
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
2026-09-15
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
-6.9%
GDP CAGR
+4.4%
Federal flow
5 years
Population (5 years)
2020733
2021677
2022530
2023637
2024512
GDP (5 years)
2020$6.7B
2021$7.2B
2022$7.7B
2023$8.0B
2024$8.3B
2-year linear forecast
Predictive Outlook
Population forecast
2024512
2025473 *
2026425 *
R² = 64.5% · * projected
GDP forecast
2024$8.3B
2025$8.8B *
2026$9.2B *
R² = 97.9% · * 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$61,250/yr
Median rent$750/mo
Rent share of income14.7%
Est. mortgage (30yr, 6.5%)$18,634/yr
Mortgage share of income30.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate13.5%
State avg4.4%
U.S. avg5.2%
Labor force participation61.2%
Poverty rate16.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$307,100
Median monthly rent$750
Price-to-rent ratio34.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateWeak
Composite score29/100
Economic growth63/100
Labor market0/100
Population momentum0/100
Overall stability42/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.