GDP / Output
+9.7% YoY
100
$2.9B
Output changed +9.7% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
0
25.3%
Unemployment is 25.3% for Latest available.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
-11.7% 5-year
0
3,263
Population moved -11.7% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
56
31.3%
Median rent consumes 31.3% of median household income: Strained.
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
$6.7K per resident
88
$458.3M
$458.3M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$458.3M
$6.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$378.6M
2. Department of Veterans Affairs$58.9M
3. Department of Housing and Urban Development$9.0M
Top recipients
Dollars1. HOUSING AUTHORITY OF THE COUNTY OF WAKE$7.7M
2. REDACTED DUE TO PII$6.7M
3. LOUISBURG COLLEGE INC$1.8M
Strained
Housing Affordability
31.3%
of median income
1BR estimate$813
2BR estimate$1,070
Median income$38,036
Median home value$262,500
ACS context
Quick Facts
Population
3,263
Median age
37.4
Bachelor's degree+
22.5%
Poverty rate
34.1%
Labor force participation
42.8%
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
2026-06-16
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
-2.5%
GDP CAGR
+7.9%
Federal flow
5 years
Population (5 years)
20203,694
20212,952
20223,099
20233,128
20243,263
GDP (5 years)
2020$2.0B
2021$2.1B
2022$2.4B
2023$2.6B
2024$2.9B
2-year linear forecast
Predictive Outlook
Population forecast
20243,263
20253,021 *
20262,953 *
R² = 14.7% · * projected
GDP forecast
2024$2.9B
2025$3.1B *
2026$3.3B *
R² = 99.6% · * 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$38,036/yr
Median rent$991/mo
Rent share of income31.3%
Est. mortgage (30yr, 6.5%)$15,928/yr
Mortgage share of income41.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate25.3%
State avg3.7%
U.S. avg4.3%
Labor force participation42.8%
Poverty rate34.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$262,500
Median monthly rent$991
Price-to-rent ratio22.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score41/100
Economic growth100/100
Labor market0/100
Population momentum0/100
Overall stability43/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.