GDP / Output
+1.3% YoY
48
$33.4B
Output changed +1.3% in 2024.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
57
4.3%
Unemployment is 4.3% for April 2026.
Vintage date unknown
State avg3.9%
U.S. avg4.3%
Population
-0.5% 5-year
47
428,018
Population moved -0.5% over the latest ACS window.
Vintage date unknown
State population11,810,293
U.S. population334,922,499
Housing
Rent share of income
75
18.0%
Median rent consumes 18.0% of median household income: Affordable.
Vintage date unknown
State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$129.0B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
18.0%
of median income
1BR estimate$766
2BR estimate$1,009
Median income$62,224
Median home value$163,900
ACS context
Quick Facts
Population
428,018
Median age
38.5
Bachelor's degree+
29.4%
Poverty rate
17.7%
Labor force participation
63.0%
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
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-0.1%
GDP CAGR
+6.3%
Federal flow
N/A
Population (5 years)
2020430,319
2021431,212
2022430,014
2023428,748
2024428,018
GDP (5 years)
2020$24.6B
2021$28.7B
2022$31.8B
2023$33.0B
2024$33.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024428,018
2025427,542 *
2026426,836 *
R² = 76.9% · * projected
GDP forecast
2024$33.4B
2025$36.8B *
2026$39.0B *
R² = 88.3% · * 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$62,224/yr
Median rent$934/mo
Rent share of income18.0%
Est. mortgage (30yr, 6.5%)$9,945/yr
Mortgage share of income16.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.3%
State avg3.9%
U.S. avg4.3%
Labor force participation63.0%
Poverty rate17.7%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$163,900
Median monthly rent$934
Price-to-rent ratio14.6x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score53/100
Economic growth48/100
Labor market57/100
Population momentum47/100
Overall stability58/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.