GDP / Output
+3.2% YoY
61
$88.4B
Output changed +3.2% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
56
4.4%
Unemployment is 4.4% for April 2026.
Vintage date unknown
State avg3.6%
U.S. avg4.3%
Population
+12.2% 5-year
100
14,192
Population moved +12.2% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
75
18.1%
Median rent consumes 18.1% 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
$6.9K per resident
90
$6.4B
$6.4B 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
$6.4B
$6.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$4.0B
2. Department of Defense$680.4M
3. Department of Veterans Affairs$593.4M
Top recipients
Dollars1. FEDERAL EXPRESS CORPORATION$337.5M
2. ST JUDE CHILDREN'S RESEARCH HOSPITAL INC$138.0M
3. MEMPHIS HOUSING AUTHORITY$119.1M
Affordable
Housing Affordability
18.1%
of median income
1BR estimate$1,439
2BR estimate$1,895
Median income$116,250
Median home value$388,900
ACS context
Quick Facts
Population
14,192
Median age
41.0
Bachelor's degree+
53.1%
Poverty rate
3.2%
Labor force participation
65.2%
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
April 2026
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
+2.3%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
202012,644
202113,693
202213,811
202314,068
202414,192
GDP (5 years)
2020$67.9B
2021$75.4B
2022$80.1B
2023$85.7B
2024$88.4B
2-year linear forecast
Predictive Outlook
Population forecast
202414,192
202514,723 *
202615,070 *
R² = 80.1% · * projected
GDP forecast
2024$88.4B
2025$94.9B *
2026$100.0B *
R² = 97.7% · * 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$116,250/yr
Median rent$1,755/mo
Rent share of income18.1%
Est. mortgage (30yr, 6.5%)$23,598/yr
Mortgage share of income20.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.4%
State avg3.6%
U.S. avg4.3%
Labor force participation65.2%
Poverty rate3.2%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$388,900
Median monthly rent$1,755
Price-to-rent ratio18.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score70/100
Economic growth61/100
Labor market56/100
Population momentum100/100
Overall stability72/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.