GDP / Output
+4.7% YoY
72
$6.8B
Output changed +4.7% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
48
5.2%
Unemployment is 5.2% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
-7.8% 5-year
3
2,877
Population moved -7.8% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
74
18.3%
Median rent consumes 18.3% 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
$7.5K per resident
95
$882.7M
$882.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$882.7M
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$601.6M
2. Department of Veterans Affairs$194.0M
3. Department of Housing and Urban Development$23.9M
Top recipients
Dollars1. HOUSING AUTHORITY OF THE CITY OF GOLDSBORO, N.C$13.4M
2. KT CONSULTING, INC.$12.7M
3. WAYNE ACTION GROUP FOR ECONOMIC SOLVENCY, INC.$10.9M
Affordable
Housing Affordability
18.3%
of median income
1BR estimate$673
2BR estimate$887
Median income$53,819
Median home value$149,200
ACS context
Quick Facts
Population
2,877
Median age
39.0
Bachelor's degree+
20.1%
Poverty rate
11.8%
Labor force participation
50.6%
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
-1.6%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
20203,119
20212,576
20222,485
20232,802
20242,877
GDP (5 years)
2020$5.1B
2021$5.7B
2022$6.2B
2023$6.5B
2024$6.8B
2-year linear forecast
Predictive Outlook
Population forecast
20242,877
20252,694 *
20262,669 *
R² = 2.6% · * projected
GDP forecast
2024$6.8B
2025$7.3B *
2026$7.7B *
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$53,819/yr
Median rent$821/mo
Rent share of income18.3%
Est. mortgage (30yr, 6.5%)$9,053/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 rate5.2%
State avg3.6%
U.S. avg5.2%
Labor force participation50.6%
Poverty rate11.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$149,200
Median monthly rent$821
Price-to-rent ratio15.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score48/100
Economic growth72/100
Labor market48/100
Population momentum3/100
Overall stability57/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.