GDP / Output
+9.1% YoY
100
$8.8B
Output changed +9.1% in 2024.
Vintage date unknown
State growth5.3%
U.S. growth5.3%
Jobs
Unemployment rate
9
7.4%
Unemployment is 7.4% for Latest available.
Vintage date unknown
State avg3.9%
U.S. avg4.1%
Population
-1.9% 5-year
38
11,069
Population moved -1.9% over the latest ACS window.
Vintage date unknown
State population1,101,801
U.S. population334,922,499
Housing
Rent share of income
65
25.3%
Median rent consumes 25.3% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$16.6K per resident
100
$1.4B
$1.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$15.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.4B
$16.6K per resident in reported federal flow.
Top agencies
Dollars1. Department of Defense$663.6M
2. Social Security Administration$535.5M
3. Department of Transportation$101.5M
Top recipients
Dollars1. SEACORP, LLC$117.6M
2. RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY$84.1M
3. RITE-SOLUTIONS, INC.$65.9M
Affordable
Housing Affordability
25.3%
of median income
1BR estimate$1,538
2BR estimate$2,026
Median income$89,028
Median home value$485,400
ACS context
Quick Facts
Population
11,069
Median age
46.1
Bachelor's degree+
42.3%
Poverty rate
11.7%
Labor force participation
66.3%
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
-0.4%
GDP CAGR
+6.5%
Federal flow
5 years
Population (5 years)
202011,289
202111,903
202211,644
202311,262
202411,069
GDP (5 years)
2020$6.4B
2021$7.3B
2022$7.7B
2023$8.0B
2024$8.8B
2-year linear forecast
Predictive Outlook
Population forecast
202411,069
202511,109 *
202611,001 *
R² = 26.1% · * projected
GDP forecast
2024$8.8B
2025$9.3B *
2026$9.8B *
R² = 97.2% · * 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$89,028/yr
Median rent$1,876/mo
Rent share of income25.3%
Est. mortgage (30yr, 6.5%)$29,453/yr
Mortgage share of income33.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.4%
State avg3.9%
U.S. avg4.1%
Labor force participation66.3%
Poverty rate11.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$485,400
Median monthly rent$1,876
Price-to-rent ratio21.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score54/100
Economic growth100/100
Labor market9/100
Population momentum38/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.