GDP / Output
+7.9% YoY
94
$50.5B
Output changed +7.9% in 2024.
Vintage date unknown
State growth7.2%
U.S. growth5.3%
Jobs
Unemployment rate
62
4.3%
Unemployment is 4.3% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
+5.3% 5-year
82
119,913
Population moved +5.3% over the latest ACS window.
Vintage date unknown
State population5,296,225
U.S. population334,922,499
Housing
Rent share of income
62
27.3%
Median rent consumes 27.3% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$12.6K per resident
100
$5.1B
$5.1B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$137.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$5.1B
$12.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.1B
2. Department of Defense$1.5B
3. Department of Veterans Affairs$381.5M
Top recipients
Dollars1. MERCEDES-BENZ VANS, LLC$285.0M
2. AMENTUM SERVICES, INC.$238.9M
3. DETYENS SHIPYARDS INC$213.7M
Affordable
Housing Affordability
27.3%
of median income
1BR estimate$1,173
2BR estimate$1,544
Median income$62,956
Median home value$302,200
ACS context
Quick Facts
Population
119,913
Median age
34.6
Bachelor's degree+
28.6%
Poverty rate
14.4%
Labor force participation
69.4%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
+1.0%
GDP CAGR
+8.4%
Federal flow
5 years
Population (5 years)
2020113,880
2021114,542
2022115,755
2023117,460
2024119,913
GDP (5 years)
2020$33.7B
2021$36.8B
2022$41.8B
2023$46.8B
2024$50.5B
2-year linear forecast
Predictive Outlook
Population forecast
2024119,913
2025120,805 *
2026122,304 *
R² = 95.0% · * projected
GDP forecast
2024$50.5B
2025$55.0B *
2026$59.3B *
R² = 99.4% · * 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$62,956/yr
Median rent$1,430/mo
Rent share of income27.3%
Est. mortgage (30yr, 6.5%)$18,337/yr
Mortgage share of income29.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.3%
State avg4.9%
U.S. avg5.2%
Labor force participation69.4%
Poverty rate14.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$302,200
Median monthly rent$1,430
Price-to-rent ratio17.6x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score79/100
Economic growth94/100
Labor market62/100
Population momentum82/100
Overall stability75/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.