GDP / Output
+7.3% YoY
90
$6.2B
Output changed +7.3% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
100
1.4%
Unemployment is 1.4% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg5.2%
Population
+1.6% 5-year
60
574
Population moved +1.6% 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
$7.3K per resident
94
$803.1M
$803.1M 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
$803.1M
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$668.1M
2. Department of Transportation$47.3M
3. Department of Veterans Affairs$43.5M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$47.3M
2. NORTHWEST NEW JERSEY COMMUNITY ACTION PROGRAM INC$9.0M
3. WARREN COUNTY HOUSING PROGRAM$7.0M
Affordable
Housing Affordability
20.1%
of median income
1BR estimate$1,483
2BR estimate$1,953
Median income$108,056
Median home value$340,000
ACS context
Quick Facts
Population
574
Median age
55.4
Bachelor's degree+
25.6%
Poverty rate
8.5%
Labor force participation
79.0%
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
+0.3%
GDP CAGR
+8.4%
Federal flow
5 years
Population (5 years)
2020565
2021571
2022543
2023566
2024574
GDP (5 years)
2020$4.1B
2021$4.5B
2022$5.1B
2023$5.7B
2024$6.2B
2-year linear forecast
Predictive Outlook
Population forecast
2024574
2025568 *
2026569 *
R² = 2.8% · * projected
GDP forecast
2024$6.2B
2025$6.7B *
2026$7.3B *
R² = 99.1% · * 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$108,056/yr
Median rent$1,808/mo
Rent share of income20.1%
Est. mortgage (30yr, 6.5%)$20,631/yr
Mortgage share of income19.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.4%
State avg4.4%
U.S. avg5.2%
Labor force participation79.0%
Poverty rate8.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$340,000
Median monthly rent$1,808
Price-to-rent ratio15.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score85/100
Economic growth90/100
Labor market100/100
Population momentum60/100
Overall stability84/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.