GDP / Output
+5.1% YoY
75
$193.6B
Output changed +5.1% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
57
4.3%
Unemployment is 4.3% for June 2026.
Vintage date unknown
State avg4.4%
U.S. avg4.2%
Population
+25.5% 5-year
100
596
Population moved +25.5% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
89
7.5%
Median rent consumes 7.5% 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
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$242.1B
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
Dollars1. Department of Health and Human Services$179.2B
2. Social Security Administration$5.8B
3. Department of Defense$980.1M
Top recipients
Dollars1. NORTHROP GRUMMAN SYSTEMS CORPORATION$719.4M
2. REGENTS OF THE UNIVERSITY OF MINNESOTA$383.1M
3. MINNESOTA DEPARTMENT OF TRANSPORTATION$249.1M
Affordable
Housing Affordability
7.5%
of median income
1BR estimate$943
2BR estimate$1,242
Median income$183,750
Median home value$1,083,300
ACS context
Quick Facts
Population
596
Median age
44.5
Bachelor's degree+
70.4%
Poverty rate
2.7%
Labor force participation
71.8%
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
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-29
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
+4.6%
GDP CAGR
+6.0%
Federal flow
N/A
Population (5 years)
2020475
2021411
2022419
2023541
2024596
GDP (5 years)
2020$144.4B
2021$159.1B
2022$173.0B
2023$184.2B
2024$193.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024596
2025600 *
2026637 *
R² = 54.6% · * projected
GDP forecast
2024$193.6B
2025$207.9B *
2026$220.3B *
R² = 99.2% · * 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$183,750/yr
Median rent$1,150/mo
Rent share of income7.5%
Est. mortgage (30yr, 6.5%)$65,733/yr
Mortgage share of income35.8%
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 avg4.4%
U.S. avg4.2%
Labor force participation71.8%
Poverty rate2.7%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$1,083,300
Median monthly rent$1,150
Price-to-rent ratio78.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score76/100
Economic growth75/100
Labor market57/100
Population momentum100/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.