GDP / Output
+6.4% YoY
84
$145.9B
Output changed +6.4% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
48
4.9%
Unemployment is 4.9% for April 2026.
Vintage date unknown
State avg4.6%
U.S. avg4.3%
Population
+1.2% 5-year
57
8,483,844
Population moved +1.2% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
62
27.2%
Median rent consumes 27.2% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$3.7K per resident
64
$10.1B
$10.1B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$10.1B
$3.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$8.0B
2. Department of Health and Human Services$793.2M
3. Department of Housing and Urban Development$385.4M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$148.8M
2. RISING GROUND, INC$41.0M
3. YELED V'YALDA EARLY CHILDHOOD CENTER INC.$38.8M
Affordable
Housing Affordability
27.2%
of median income
1BR estimate$1,493
2BR estimate$1,967
Median income$80,483
Median home value$777,600
ACS context
Quick Facts
Population
8,483,844
Median age
38.2
Bachelor's degree+
41.6%
Poverty rate
17.9%
Labor force participation
63.2%
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
+0.2%
GDP CAGR
+6.1%
Federal flow
5 years
Population (5 years)
20208,379,552
20218,736,047
20228,622,467
20238,516,202
20248,483,844
GDP (5 years)
2020$108.5B
2021$115.6B
2022$125.6B
2023$137.1B
2024$145.9B
2-year linear forecast
Predictive Outlook
Population forecast
20248,483,844
20258,544,244 *
20268,543,118 *
R² = 0.0% · * projected
GDP forecast
2024$145.9B
2025$155.4B *
2026$165.1B *
R² = 99.5% · * 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$80,483/yr
Median rent$1,821/mo
Rent share of income27.2%
Est. mortgage (30yr, 6.5%)$47,184/yr
Mortgage share of income58.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg4.6%
U.S. avg4.3%
Labor force participation63.2%
Poverty rate17.9%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$777,600
Median monthly rent$1,821
Price-to-rent ratio35.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score64/100
Economic growth84/100
Labor market48/100
Population momentum57/100
Overall stability62/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.