GDP / Output
+5.9% YoY
80
$1.4B
Output changed +5.9% 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
-22.9% 5-year
0
138
Population moved -22.9% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
73
19.1%
Median rent consumes 19.1% 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
$10.9K per resident
100
$326.6M
$326.6M 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
$326.6M
$10.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$248.5M
2. Department of Veterans Affairs$22.7M
3. Department of the Interior$12.4M
Top recipients
Dollars1. LEECH LAKE BAND OF OJIBWE$17.0M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$7.2M
3. LEECH LAKE TRIBAL COLLEGE, INC.$4.7M
Affordable
Housing Affordability
19.1%
of median income
1BR estimate$431
2BR estimate$567
Median income$32,917
Median home value$187,500
ACS context
Quick Facts
Population
138
Median age
66.9
Bachelor's degree+
23.8%
Poverty rate
23.2%
Labor force participation
31.9%
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
-5.1%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020179
2021171
2022185
2023152
2024138
GDP (5 years)
2020$1.0B
2021$1.5B
2022$1.3B
2023$1.3B
2024$1.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024138
2025135 *
2026125 *
R² = 66.7% · * projected
GDP forecast
2024$1.4B
2025$1.4B *
2026$1.5B *
R² = 24.5% · * 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$32,917/yr
Median rent$525/mo
Rent share of income19.1%
Est. mortgage (30yr, 6.5%)$11,377/yr
Mortgage share of income34.6%
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 participation31.9%
Poverty rate23.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$187,500
Median monthly rent$525
Price-to-rent ratio29.8x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score68/100
Economic growth80/100
Labor market100/100
Population momentum0/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.