GDP / Output
-4.0% YoY
11
$1.7B
Output changed -4.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
86
2.4%
Unemployment is 2.4% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+30.9% 5-year
100
847
Population moved +30.9% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
83
12.5%
Median rent consumes 12.5% 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
$8.9K per resident
100
$278.8M
$278.8M 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
$278.8M
$8.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$156.4M
2. Department of Agriculture$36.0M
3. Department of the Interior$21.4M
Top recipients
Dollars1. REDACTED DUE TO PII$35.5M
2. RED LAKE BAND OF CHIPPEWA INDIANS$21.1M
3. TRI VALLEY OPPORTUNITY COUNCIL INC$17.7M
Affordable
Housing Affordability
12.5%
of median income
1BR estimate$485
2BR estimate$638
Median income$56,944
Median home value$103,600
ACS context
Quick Facts
Population
847
Median age
31.8
Bachelor's degree+
32.6%
Poverty rate
21.7%
Labor force participation
64.0%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+5.5%
GDP CAGR
+2.8%
Federal flow
5 years
Population (5 years)
2020647
2021745
2022842
2023836
2024847
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.8B
2023$1.8B
2024$1.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024847
2025931 *
2026980 *
R² = 79.5% · * projected
GDP forecast
2024$1.7B
2025$1.8B *
2026$1.9B *
R² = 36.7% · * 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$56,944/yr
Median rent$591/mo
Rent share of income12.5%
Est. mortgage (30yr, 6.5%)$6,286/yr
Mortgage share of income11.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.4%
State avg4.5%
U.S. avg4.3%
Labor force participation64.0%
Poverty rate21.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$103,600
Median monthly rent$591
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 score63/100
Economic growth11/100
Labor market86/100
Population momentum100/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.