GDP / Output
+4.0% YoY
67
$17.1B
Output changed +4.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
78
3.2%
Unemployment is 3.2% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
+2.4% 5-year
64
28,585
Population moved +2.4% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
73
19.0%
Median rent consumes 19.0% 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
$6.1K per resident
84
$1.6B
$1.6B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.6B
$6.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$123.2M
3. Department of Transportation$22.1M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$22.3M
2. CENTURY COLLEGE$18.3M
3. REDACTED DUE TO PII$4.7M
Affordable
Housing Affordability
19.0%
of median income
1BR estimate$1,214
2BR estimate$1,599
Median income$93,772
Median home value$318,100
ACS context
Quick Facts
Population
28,585
Median age
39.7
Bachelor's degree+
35.6%
Poverty rate
5.7%
Labor force participation
66.8%
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
+0.5%
GDP CAGR
+7.1%
Federal flow
5 years
Population (5 years)
202027,925
202128,019
202228,029
202328,109
202428,585
GDP (5 years)
2020$12.1B
2021$13.6B
2022$15.9B
2023$16.4B
2024$17.1B
2-year linear forecast
Predictive Outlook
Population forecast
202428,585
202528,556 *
202628,697 *
R² = 73.1% · * projected
GDP forecast
2024$17.1B
2025$18.8B *
2026$20.1B *
R² = 93.7% · * 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$93,772/yr
Median rent$1,481/mo
Rent share of income19.0%
Est. mortgage (30yr, 6.5%)$19,302/yr
Mortgage share of income20.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.2%
State avg4.1%
U.S. avg5.2%
Labor force participation66.8%
Poverty rate5.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$318,100
Median monthly rent$1,481
Price-to-rent ratio17.9x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score71/100
Economic growth67/100
Labor market78/100
Population momentum64/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.