GDP / Output
+4.3% YoY
69
$86.7B
Output changed +4.3% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
62
4.0%
Unemployment is 4.0% for April 2026.
Vintage date unknown
State avg4.8%
U.S. avg4.3%
Population
+5.6% 5-year
84
871,290
Population moved +5.6% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
72
20.1%
Median rent consumes 20.1% of median household income: Affordable.
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
$5.7K per resident
81
$4.9B
$4.9B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$4.9B
$5.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$3.8B
2. Department of Energy$260.7M
3. Department of Veterans Affairs$210.0M
Top recipients
Dollars1. RUTGERS, THE STATE UNIVERSITY$250.9M
2. THE TRUSTEES OF PRINCETON UNIVERSITY$224.3M
3. TRANSPORTATION, NEW JERSEY DEPT OF$81.5M
Affordable
Housing Affordability
20.1%
of median income
1BR estimate$1,534
2BR estimate$2,021
Median income$111,549
Median home value$462,900
ACS context
Quick Facts
Population
871,290
Median age
39.5
Bachelor's degree+
45.6%
Poverty rate
8.6%
Labor force participation
67.2%
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
2026-06-10
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
+1.1%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
2020825,015
2021858,770
2022860,147
2023861,535
2024871,290
GDP (5 years)
2020$65.2B
2021$72.7B
2022$78.5B
2023$83.1B
2024$86.7B
2-year linear forecast
Predictive Outlook
Population forecast
2024871,290
2025883,946 *
2026893,477 *
R² = 72.8% · * projected
GDP forecast
2024$86.7B
2025$93.3B *
2026$98.6B *
R² = 98.0% · * 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$111,549/yr
Median rent$1,871/mo
Rent share of income20.1%
Est. mortgage (30yr, 6.5%)$28,088/yr
Mortgage share of income25.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.0%
State avg4.8%
U.S. avg4.3%
Labor force participation67.2%
Poverty rate8.6%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$462,900
Median monthly rent$1,871
Price-to-rent ratio20.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score71/100
Economic growth69/100
Labor market62/100
Population momentum84/100
Overall stability71/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.