GDP / Output
+6.5% YoY
84
$2.1B
Output changed +6.5% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.0%
Unemployment is 0.0% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
-4.9% 5-year
21
600
Population moved -4.9% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
82
13.0%
Median rent consumes 13.0% 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
$8.7K per resident
100
$304.6M
$304.6M 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
$304.6M
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$219.8M
2. Department of Veterans Affairs$25.0M
3. Department of Agriculture$19.8M
Top recipients
Dollars1. REDACTED DUE TO PII$16.5M
2. MINNESOTA CHIPPEWA TRIBE - WHITE EARTH BAND$11.0M
3. WHITE EARTH RESERVATION HOUSING AUTHORITY$5.2M
Affordable
Housing Affordability
13.0%
of median income
1BR estimate$567
2BR estimate$747
Median income$64,028
Median home value$196,500
ACS context
Quick Facts
Population
600
Median age
33.6
Bachelor's degree+
28.3%
Poverty rate
4.6%
Labor force participation
73.9%
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
-1.0%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
2020631
2021654
2022602
2023573
2024600
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.8B
2023$1.9B
2024$2.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024600
2025569 *
2026555 *
R² = 52.6% · * projected
GDP forecast
2024$2.1B
2025$2.2B *
2026$2.4B *
R² = 99.4% · * 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$64,028/yr
Median rent$692/mo
Rent share of income13.0%
Est. mortgage (30yr, 6.5%)$11,923/yr
Mortgage share of income18.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.0%
State avg4.1%
U.S. avg5.2%
Labor force participation73.9%
Poverty rate4.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$196,500
Median monthly rent$692
Price-to-rent ratio23.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score74/100
Economic growth84/100
Labor market100/100
Population momentum21/100
Overall stability80/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.