GDP / Output
+3.3% YoY
62
$31.2B
Output changed +3.3% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.8%
Unemployment is 0.8% for Latest available.
Vintage date unknown
State avg3.3%
U.S. avg5.2%
Population
+4.5% 5-year
77
7,402
Population moved +4.5% over the latest ACS window.
Vintage date unknown
State population6,851,073
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$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.4K per resident
86
$3.2B
$3.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$3.2B
$6.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Veterans Affairs$214.5M
3. Department of Housing and Urban Development$85.1M
Top recipients
Dollars1. INDIANA DEPARTMENT OF TRANSPORTATION$61.5M
2. HOUSING AUTHORITY OF CITY OF GARY TH$27.6M
3. SOUTHLAKE/TRI-CITY MANAGEMENT CORP.$23.0M
Affordable
Housing Affordability
16.6%
of median income
1BR estimate$1,384
2BR estimate$1,823
Median income$121,750
Median home value$337,300
ACS context
Quick Facts
Population
7,402
Median age
41.6
Bachelor's degree+
38.9%
Poverty rate
3.1%
Labor force participation
65.8%
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
+0.9%
GDP CAGR
+7.3%
Federal flow
5 years
Population (5 years)
20207,081
20217,453
20227,589
20237,338
20247,402
GDP (5 years)
2020$22.0B
2021$25.7B
2022$28.3B
2023$30.2B
2024$31.2B
2-year linear forecast
Predictive Outlook
Population forecast
20247,402
20257,531 *
20267,583 *
R² = 19.8% · * projected
GDP forecast
2024$31.2B
2025$34.4B *
2026$36.7B *
R² = 95.0% · * 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$121,750/yr
Median rent$1,688/mo
Rent share of income16.6%
Est. mortgage (30yr, 6.5%)$20,467/yr
Mortgage share of income16.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.8%
State avg3.3%
U.S. avg5.2%
Labor force participation65.8%
Poverty rate3.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$337,300
Median monthly rent$1,688
Price-to-rent ratio16.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score80/100
Economic growth62/100
Labor market100/100
Population momentum77/100
Overall stability82/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.