GDP / Output
+6.0% YoY
81
$1.8B
Output changed +6.0% in 2024.
Vintage date unknown
State growth6.0%
U.S. growth5.3%
Jobs
Unemployment rate
41
5.7%
Unemployment is 5.7% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
+9.7% 5-year
100
2,167
Population moved +9.7% over the latest ACS window.
Vintage date unknown
State population6,206,011
U.S. population334,922,499
Housing
Rent share of income
80
14.5%
Median rent consumes 14.5% 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
$8.5K per resident
100
$244.3M
$244.3M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$105.7B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$244.3M
$8.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$180.5M
2. Department of Transportation$32.2M
3. Department of Veterans Affairs$14.2M
Top recipients
Dollars1. MARYLAND DEPARTMENT OF TRANSPORTATION$31.7M
2. GARRETT COUNTY MARYLAND, COMMUNITY ACTION COMMITTEE, INC.$4.7M
3. WESTERN MARYLAND HEALTH CARE CORPORATION$3.0M
Affordable
Housing Affordability
14.5%
of median income
1BR estimate$604
2BR estimate$795
Median income$60,875
Median home value$216,100
ACS context
Quick Facts
Population
2,167
Median age
43.5
Bachelor's degree+
23.0%
Poverty rate
15.2%
Labor force participation
58.4%
Prime rate
7.0%
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
2026-09-17
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
+1.9%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
20201,975
20212,116
20222,117
20232,033
20242,167
GDP (5 years)
2020$1.4B
2021$1.5B
2022$1.6B
2023$1.7B
2024$1.8B
2-year linear forecast
Predictive Outlook
Population forecast
20242,167
20252,172 *
20262,202 *
R² = 38.6% · * projected
GDP forecast
2024$1.8B
2025$1.9B *
2026$2.0B *
R² = 98.3% · * 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$60,875/yr
Median rent$736/mo
Rent share of income14.5%
Est. mortgage (30yr, 6.5%)$13,113/yr
Mortgage share of income21.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.7%
State avg4.9%
U.S. avg5.2%
Labor force participation58.4%
Poverty rate15.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$216,100
Median monthly rent$736
Price-to-rent ratio24.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth81/100
Labor market41/100
Population momentum100/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.