GDP / Output
+4.3% YoY
69
$86.7B
Output changed +4.3% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
62
4.0%
Unemployment is 4.0% for April 2026.
Vintage date unknown
State avg4.8%
U.S. avg4.3%
Population
+0.6% 5-year
54
56,345
Population moved +0.6% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
54
33.1%
Median rent consumes 33.1% of median household income: Strained.
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
$5.7K per resident
81
$4.9B
$4.9B 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
$4.9B
$5.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$3.8B
2. Department of Energy$260.7M
3. Department of Veterans Affairs$210.0M
Top recipients
Dollars1. RUTGERS, THE STATE UNIVERSITY$250.9M
2. THE TRUSTEES OF PRINCETON UNIVERSITY$224.3M
3. TRANSPORTATION, NEW JERSEY DEPT OF$81.5M
Strained
Housing Affordability
33.1%
of median income
1BR estimate$1,487
2BR estimate$1,959
Median income$65,810
Median home value$353,800
ACS context
Quick Facts
Population
56,345
Median age
24.8
Bachelor's degree+
23.4%
Poverty rate
32.0%
Labor force participation
66.1%
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
April 2026
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
+0.1%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
202055,992
202155,671
202255,718
202355,744
202456,345
GDP (5 years)
2020$65.2B
2021$72.7B
2022$78.5B
2023$83.1B
2024$86.7B
2-year linear forecast
Predictive Outlook
Population forecast
202456,345
202556,128 *
202656,206 *
R² = 19.2% · * projected
GDP forecast
2024$86.7B
2025$93.3B *
2026$98.6B *
R² = 98.0% · * 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$65,810/yr
Median rent$1,814/mo
Rent share of income33.1%
Est. mortgage (30yr, 6.5%)$21,468/yr
Mortgage share of income32.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.0%
State avg4.8%
U.S. avg4.3%
Labor force participation66.1%
Poverty rate32.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$353,800
Median monthly rent$1,814
Price-to-rent ratio16.3x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score63/100
Economic growth69/100
Labor market62/100
Population momentum54/100
Overall stability62/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.