GDP / Output
+6.6% YoY
85
$260.8B
Output changed +6.6% in 2024.
Vintage date unknown
State growth6.3%
U.S. growth5.3%
Jobs
Unemployment rate
76
3.0%
Unemployment is 3.0% for June 2026.
Vintage date unknown
State avg4.7%
U.S. avg4.2%
Population
+1.2% 5-year
57
2,738,356
Population moved +1.2% over the latest ACS window.
Vintage date unknown
State population22,416,077
U.S. population334,922,499
Housing
Rent share of income
57
30.6%
Median rent consumes 30.6% of median household income: Strained.
Vintage date unknown
State rent$1.7K
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$325.0B
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.
Strained
Housing Affordability
30.6%
of median income
1BR estimate$1,500
2BR estimate$1,975
Median income$71,753
Median home value$463,000
ACS context
Quick Facts
Population
2,738,356
Median age
40.7
Bachelor's degree+
34.4%
Poverty rate
14.7%
Labor force participation
64.3%
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
+0.2%
GDP CAGR
+9.3%
Federal flow
N/A
Population (5 years)
20202,705,528
20212,690,113
20222,688,237
20232,685,296
20242,738,356
GDP (5 years)
2020$167.4B
2021$194.1B
2022$223.3B
2023$244.8B
2024$260.8B
2-year linear forecast
Predictive Outlook
Population forecast
20242,738,356
20252,719,758 *
20262,725,842 *
R² = 19.1% · * projected
GDP forecast
2024$260.8B
2025$289.4B *
2026$313.1B *
R² = 98.8% · * 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$71,753/yr
Median rent$1,829/mo
Rent share of income30.6%
Est. mortgage (30yr, 6.5%)$28,094/yr
Mortgage share of income39.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.0%
State avg4.7%
U.S. avg4.2%
Labor force participation64.3%
Poverty rate14.7%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$463,000
Median monthly rent$1,829
Price-to-rent ratio21.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth85/100
Labor market76/100
Population momentum57/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.