GDP / Output
+10.2% YoY
100
$11.6B
Output changed +10.2% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
3
7.9%
Unemployment is 7.9% for Latest available.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
-16.7% 5-year
0
573
Population moved -16.7% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
65
24.7%
Median rent consumes 24.7% 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
$6.7K per resident
89
$1.5B
$1.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.5B
$6.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.0B
2. Department of Veterans Affairs$189.6M
3. Department of Health and Human Services$109.3M
Top recipients
Dollars1. NORTH CAROLINA DEPARTMENT OF HEALTH & HUMAN SERVICES$90.0M
2. TRANSPORTATION NORTH CAROLINA DEPARTMENT$36.0M
3. SYSCO RALEIGH, LLC$24.6M
Affordable
Housing Affordability
24.7%
of median income
1BR estimate$752
2BR estimate$990
Median income$44,531
Median home value$170,700
ACS context
Quick Facts
Population
573
Median age
38.7
Bachelor's degree+
16.0%
Poverty rate
22.9%
Labor force participation
62.9%
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
-3.6%
GDP CAGR
+8.2%
Federal flow
5 years
Population (5 years)
2020688
2021526
2022477
2023788
2024573
GDP (5 years)
2020$7.8B
2021$8.4B
2022$9.7B
2023$10.5B
2024$11.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024573
2025620 *
2026623 *
R² = 0.2% · * projected
GDP forecast
2024$11.6B
2025$12.5B *
2026$13.4B *
R² = 99.3% · * 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$44,531/yr
Median rent$917/mo
Rent share of income24.7%
Est. mortgage (30yr, 6.5%)$10,358/yr
Mortgage share of income23.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.9%
State avg3.7%
U.S. avg4.3%
Labor force participation62.9%
Poverty rate22.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$170,700
Median monthly rent$917
Price-to-rent ratio15.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score42/100
Economic growth100/100
Labor market3/100
Population momentum0/100
Overall stability46/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.