GDP / Output
+4.9% YoY
74
$30.1B
Output changed +4.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
38
5.6%
Unemployment is 5.6% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
+7.1% 5-year
92
203,416
Population moved +7.1% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
66
23.9%
Median rent consumes 23.9% of median household income: Affordable.
Vintage date unknown
State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$11.6K per resident
100
$4.8B
$4.8B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$71.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$4.8B
$11.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.2B
2. Department of Defense$981.1M
3. Department of Homeland Security$835.5M
Top recipients
Dollars1. AUSTAL USA, LLC$738.0M
2. NORTHSTAR MARITIME DISMANTLEMENT SERVICES, LLC$533.7M
3. ALABAMA SHIPYARD LLC$106.3M
Affordable
Housing Affordability
23.9%
of median income
1BR estimate$876
2BR estimate$1,153
Median income$53,558
Median home value$193,300
ACS context
Quick Facts
Population
203,416
Median age
37.3
Bachelor's degree+
32.0%
Poverty rate
18.4%
Labor force participation
59.7%
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
+1.4%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
2020189,994
2021187,445
2022186,316
2023185,097
2024203,416
GDP (5 years)
2020$21.5B
2021$24.6B
2022$26.8B
2023$28.7B
2024$30.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024203,416
2025197,802 *
2026200,252 *
R² = 26.9% · * projected
GDP forecast
2024$30.1B
2025$32.7B *
2026$34.9B *
R² = 97.9% · * 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$53,558/yr
Median rent$1,068/mo
Rent share of income23.9%
Est. mortgage (30yr, 6.5%)$11,729/yr
Mortgage share of income21.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.6%
State avg4.7%
U.S. avg4.3%
Labor force participation59.7%
Poverty rate18.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$193,300
Median monthly rent$1,068
Price-to-rent ratio15.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score67/100
Economic growth74/100
Labor market38/100
Population momentum92/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.