GDP / Output
-0.6% YoY
34
$968.2M
Output changed -0.6% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
0
12.8%
Unemployment is 12.8% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
-33.6% 5-year
0
204
Population moved -33.6% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
77
16.6%
Median rent consumes 16.6% 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
$10.5K per resident
100
$223.4M
$223.4M 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
$223.4M
$10.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$154.1M
2. Environmental Protection Agency$20.0M
3. Department of Veterans Affairs$18.3M
Top recipients
Dollars1. LEECH LAKE BAND OF OJIBWE$27.3M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$15.1M
3. BRIDGER AEROSPACE GROUP, LLC$4.1M
Affordable
Housing Affordability
16.6%
of median income
1BR estimate$957
2BR estimate$1,260
Median income$84,167
Median home value$245,500
ACS context
Quick Facts
Population
204
Median age
51.5
Bachelor's degree+
28.3%
Poverty rate
6.9%
Labor force participation
49.4%
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
-7.8%
GDP CAGR
+2.6%
Federal flow
5 years
Population (5 years)
2020307
2021290
2022256
2023245
2024204
GDP (5 years)
2020$853.2M
2021$928.4M
2022$879.2M
2023$974.5M
2024$968.2M
2-year linear forecast
Predictive Outlook
Population forecast
2024204
2025185 *
2026160 *
R² = 97.1% · * projected
GDP forecast
2024$968.2M
2025$1.0B *
2026$1.0B *
R² = 66.4% · * 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$84,167/yr
Median rent$1,167/mo
Rent share of income16.6%
Est. mortgage (30yr, 6.5%)$14,897/yr
Mortgage share of income17.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate12.8%
State avg4.5%
U.S. avg4.3%
Labor force participation49.4%
Poverty rate6.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$245,500
Median monthly rent$1,167
Price-to-rent ratio17.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score19/100
Economic growth34/100
Labor market0/100
Population momentum0/100
Overall stability36/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.