GDP / Output
+4.0% YoY
67
$17.1B
Output changed +4.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
87
2.3%
Unemployment is 2.3% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+44.9% 5-year
100
13,140
Population moved +44.9% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
74
18.8%
Median rent consumes 18.8% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.1K per resident
84
$1.6B
$1.6B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.6B
$6.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$123.0M
3. Department of Transportation$22.1M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$22.3M
2. CENTURY COLLEGE$18.3M
3. REDACTED DUE TO PII$4.4M
Affordable
Housing Affordability
18.8%
of median income
1BR estimate$1,974
2BR estimate$2,600
Median income$153,669
Median home value$597,000
ACS context
Quick Facts
Population
13,140
Median age
40.8
Bachelor's degree+
61.9%
Poverty rate
4.8%
Labor force participation
63.8%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+7.7%
GDP CAGR
+7.1%
Federal flow
5 years
Population (5 years)
20209,071
202111,237
202211,861
202312,504
202413,140
GDP (5 years)
2020$12.1B
2021$13.6B
2022$15.9B
2023$16.4B
2024$17.1B
2-year linear forecast
Predictive Outlook
Population forecast
202413,140
202514,384 *
202615,325 *
R² = 90.5% · * projected
GDP forecast
2024$17.1B
2025$18.8B *
2026$20.1B *
R² = 93.7% · * 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$153,669/yr
Median rent$2,407/mo
Rent share of income18.8%
Est. mortgage (30yr, 6.5%)$36,225/yr
Mortgage share of income23.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.3%
State avg4.5%
U.S. avg4.3%
Labor force participation63.8%
Poverty rate4.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$597,000
Median monthly rent$2,407
Price-to-rent ratio20.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score82/100
Economic growth67/100
Labor market87/100
Population momentum100/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.