GDP / Output
+5.5% YoY
77
$46.9B
Output changed +5.5% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
83
2.5%
Unemployment is 2.5% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg4.1%
Population
+11.0% 5-year
100
7,744
Population moved +11.0% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
67
23.2%
Median rent consumes 23.2% 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
$7.6K per resident
96
$4.1B
$4.1B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$4.1B
$7.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.7B
2. Department of Health and Human Services$371.2M
3. Department of Veterans Affairs$347.2M
Top recipients
Dollars1. VOLVO TECHNOLOGY OF AMERICA, LLC$207.5M
2. NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY$136.9M
3. UNIVERSITY OF NORTH CAROLINA AT GREENSBORO$63.3M
Affordable
Housing Affordability
23.2%
of median income
1BR estimate$2,467
2BR estimate$3,250
Median income$155,385
Median home value$529,300
ACS context
Quick Facts
Population
7,744
Median age
44.2
Bachelor's degree+
57.0%
Poverty rate
3.6%
Labor force participation
65.7%
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
+2.1%
GDP CAGR
+6.2%
Federal flow
5 years
Population (5 years)
20206,979
20217,461
20227,637
20237,660
20247,744
GDP (5 years)
2020$34.7B
2021$37.4B
2022$41.3B
2023$44.5B
2024$46.9B
2-year linear forecast
Predictive Outlook
Population forecast
20247,744
20258,015 *
20268,188 *
R² = 79.3% · * projected
GDP forecast
2024$46.9B
2025$50.5B *
2026$53.6B *
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$155,385/yr
Median rent$3,009/mo
Rent share of income23.2%
Est. mortgage (30yr, 6.5%)$32,117/yr
Mortgage share of income20.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.5%
State avg3.6%
U.S. avg4.1%
Labor force participation65.7%
Poverty rate3.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$529,300
Median monthly rent$3,009
Price-to-rent ratio14.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score84/100
Economic growth77/100
Labor market83/100
Population momentum100/100
Overall stability82/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.