GDP / Output
+7.0% YoY
88
$27.6B
Output changed +7.0% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
88
2.2%
Unemployment is 2.2% for Latest available.
Vintage date unknown
State avg3.4%
U.S. avg4.1%
Population
+13.2% 5-year
100
40,243
Population moved +13.2% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
63
26.6%
Median rent consumes 26.6% 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
$5.3K per resident
77
$1.8B
$1.8B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$121.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.8B
$5.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.3B
2. Department of Veterans Affairs$356.6M
3. Department of Education$45.9M
Top recipients
Dollars1. MIDDLE TENNESSEE STATE UNIVERSITY$51.8M
2. FEDEX SUPPLY CHAIN DISTRIBUTION SYSTEM, INC.$36.7M
3. TENNESSEE DEPARTMENT OF TRANSPORTATION$24.3M
Affordable
Housing Affordability
26.6%
of median income
1BR estimate$1,480
2BR estimate$1,949
Median income$81,313
Median home value$309,900
ACS context
Quick Facts
Population
40,243
Median age
33.6
Bachelor's degree+
23.7%
Poverty rate
15.1%
Labor force participation
72.9%
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
+2.5%
GDP CAGR
+8.1%
Federal flow
5 years
Population (5 years)
202035,556
202138,127
202238,553
202338,944
202440,243
GDP (5 years)
2020$18.7B
2021$21.1B
2022$23.5B
2023$25.8B
2024$27.6B
2-year linear forecast
Predictive Outlook
Population forecast
202440,243
202541,342 *
202642,361 *
R² = 87.9% · * projected
GDP forecast
2024$27.6B
2025$30.1B *
2026$32.4B *
R² = 99.7% · * 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$81,313/yr
Median rent$1,805/mo
Rent share of income26.6%
Est. mortgage (30yr, 6.5%)$18,804/yr
Mortgage share of income23.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.2%
State avg3.4%
U.S. avg4.1%
Labor force participation72.9%
Poverty rate15.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$309,900
Median monthly rent$1,805
Price-to-rent ratio14.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score89/100
Economic growth88/100
Labor market88/100
Population momentum100/100
Overall stability82/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.