GDP / Output
+6.5% YoY
84
$2.1B
Output changed +6.5% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
86
2.7%
Unemployment is 2.7% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
+21.8% 5-year
100
257
Population moved +21.8% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
79
15.2%
Median rent consumes 15.2% 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
$8.7K per resident
100
$304.6M
$304.6M 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
$304.6M
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$219.8M
2. Department of Veterans Affairs$25.0M
3. Department of Agriculture$19.8M
Top recipients
Dollars1. REDACTED DUE TO PII$16.5M
2. MINNESOTA CHIPPEWA TRIBE - WHITE EARTH BAND$11.0M
3. WHITE EARTH RESERVATION HOUSING AUTHORITY$5.2M
Affordable
Housing Affordability
15.2%
of median income
1BR estimate$574
2BR estimate$756
Median income$55,250
Median home value$73,000
ACS context
Quick Facts
Population
257
Median age
28.7
Bachelor's degree+
9.5%
Poverty rate
38.1%
Labor force participation
62.4%
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
+4.0%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
2020211
2021195
2022237
2023233
2024257
GDP (5 years)
2020$1.5B
2021$1.7B
2022$1.8B
2023$1.9B
2024$2.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024257
2025266 *
2026279 *
R² = 73.0% · * projected
GDP forecast
2024$2.1B
2025$2.2B *
2026$2.4B *
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$55,250/yr
Median rent$700/mo
Rent share of income15.2%
Est. mortgage (30yr, 6.5%)$4,430/yr
Mortgage share of income8.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.7%
State avg4.1%
U.S. avg5.2%
Labor force participation62.4%
Poverty rate38.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$73,000
Median monthly rent$700
Price-to-rent ratio8.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score88/100
Economic growth84/100
Labor market86/100
Population momentum100/100
Overall stability87/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.