GDP / Output
+5.4% YoY
77
$4.8B
Output changed +5.4% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.0%
Unemployment is 10.0% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
-45.0% 5-year
0
243
Population moved -45.0% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
32
48.3%
Median rent consumes 48.3% of median household income: Strained.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.0K per resident
91
$591.9M
$591.9M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$591.9M
$7.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$498.9M
2. Department of Veterans Affairs$44.8M
3. Department of Transportation$22.1M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$20.4M
2. ECONOMIC OPPORTUNITY PROGRAM$4.1M
3. ELMIRA CITY CLERK$4.1M
Strained
Housing Affordability
48.3%
of median income
1BR estimate$1,503
2BR estimate$1,980
Median income$45,500
Median home value$103,800
ACS context
Quick Facts
Population
243
Median age
54.7
Bachelor's degree+
8.3%
Poverty rate
11.9%
Labor force participation
41.0%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
-11.3%
GDP CAGR
+4.6%
Federal flow
5 years
Population (5 years)
2020442
2021449
2022425
2023340
2024243
GDP (5 years)
2020$3.8B
2021$4.1B
2022$4.4B
2023$4.5B
2024$4.8B
2-year linear forecast
Predictive Outlook
Population forecast
2024243
2025228 *
2026177 *
R² = 82.9% · * projected
GDP forecast
2024$4.8B
2025$5.0B *
2026$5.3B *
R² = 99.5% · * 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$45,500/yr
Median rent$1,833/mo
Rent share of income48.3%
Est. mortgage (30yr, 6.5%)$6,298/yr
Mortgage share of income13.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.0%
State avg4.4%
U.S. avg4.1%
Labor force participation41.0%
Poverty rate11.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$103,800
Median monthly rent$1,833
Price-to-rent ratio4.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score31/100
Economic growth77/100
Labor market0/100
Population momentum0/100
Overall stability33/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.