GDP / Output
+3.8% YoY
65
$2.4B
Output changed +3.8% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
62
4.3%
Unemployment is 4.3% for April 2026.
Vintage date unknown
State avg4.6%
U.S. avg5.2%
Population
-14.3% 5-year
0
974
Population moved -14.3% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
78
15.5%
Median rent consumes 15.5% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.1K per resident
83
$283.7M
$283.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$283.7M
$6.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$240.2M
2. Department of Veterans Affairs$16.5M
3. Department of Health and Human Services$7.9M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$5.4M
2. CORTLAND HOUSING AUTHORITY$4.3M
3. COUNTY OF CORTLAND$3.8M
Affordable
Housing Affordability
15.5%
of median income
1BR estimate$681
2BR estimate$896
Median income$64,185
Median home value$109,600
ACS context
Quick Facts
Population
974
Median age
41.6
Bachelor's degree+
16.3%
Poverty rate
6.9%
Labor force participation
57.8%
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
April 2026
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
-3.0%
GDP CAGR
+4.8%
Federal flow
5 years
Population (5 years)
20201,137
20211,331
20221,261
20231,071
2024974
GDP (5 years)
2020$1.9B
2021$2.0B
2022$2.2B
2023$2.3B
2024$2.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024974
2025979 *
2026920 *
R² = 41.7% · * projected
GDP forecast
2024$2.4B
2025$2.5B *
2026$2.7B *
R² = 98.3% · * 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$64,185/yr
Median rent$830/mo
Rent share of income15.5%
Est. mortgage (30yr, 6.5%)$6,650/yr
Mortgage share of income10.4%
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 avg4.6%
U.S. avg5.2%
Labor force participation57.8%
Poverty rate6.9%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$109,600
Median monthly rent$830
Price-to-rent ratio11.0x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score50/100
Economic growth65/100
Labor market62/100
Population momentum0/100
Overall stability59/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.