GDP / Output
-1.2% YoY
31
$378.0M
Output changed -1.2% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
24
6.8%
Unemployment is 6.8% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
+25.1% 5-year
100
593
Population moved +25.1% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
68
22.9%
Median rent consumes 22.9% 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
$12.0K per resident
100
$147.4M
$147.4M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$147.4M
$12.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$111.8M
2. Department of Veterans Affairs$14.4M
3. Department of Agriculture$10.3M
Top recipients
Dollars1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$9.6M
2. TERRA SITE CONSTRUCTORS LLC$8.0M
3. REDACTED DUE TO PII$2.1M
Affordable
Housing Affordability
22.9%
of median income
1BR estimate$1,152
2BR estimate$1,517
Median income$73,690
Median home value$292,200
ACS context
Quick Facts
Population
593
Median age
64.0
Bachelor's degree+
36.1%
Poverty rate
9.8%
Labor force participation
38.9%
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
+4.6%
GDP CAGR
+4.3%
Federal flow
5 years
Population (5 years)
2020474
2021433
2022486
2023529
2024593
GDP (5 years)
2020$306.1M
2021$339.3M
2022$352.5M
2023$382.5M
2024$378.0M
2-year linear forecast
Predictive Outlook
Population forecast
2024593
2025603 *
2026637 *
R² = 75.3% · * projected
GDP forecast
2024$378.0M
2025$407.8M *
2026$426.5M *
R² = 90.2% · * 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$73,690/yr
Median rent$1,405/mo
Rent share of income22.9%
Est. mortgage (30yr, 6.5%)$17,730/yr
Mortgage share of income24.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.8%
State avg3.6%
U.S. avg5.2%
Labor force participation38.9%
Poverty rate9.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$292,200
Median monthly rent$1,405
Price-to-rent ratio17.3x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score49/100
Economic growth31/100
Labor market24/100
Population momentum100/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.