GDP / Output
+7.8% YoY
93
$1.2B
Output changed +7.8% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
32
6.3%
Unemployment is 6.3% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
-22.6% 5-year
0
719
Population moved -22.6% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
66
24.0%
Median rent consumes 24.0% 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
$8.8K per resident
100
$232.7M
$232.7M 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
$232.7M
$8.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$162.1M
2. Department of Veterans Affairs$25.6M
3. Department of the Interior$25.0M
Top recipients
Dollars1. MILLE LACS BAND OF OJIBWE$32.0M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$6.5M
3. ONAMIA PUBLIC SCHOOLS$1.5M
Affordable
Housing Affordability
24.0%
of median income
1BR estimate$538
2BR estimate$708
Median income$32,750
Median home value$122,900
ACS context
Quick Facts
Population
719
Median age
45.9
Bachelor's degree+
18.9%
Poverty rate
26.2%
Labor force participation
42.0%
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
-5.0%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
2020929
2021871
2022796
2023731
2024719
GDP (5 years)
2020$839.5M
2021$950.0M
2022$1.0B
2023$1.1B
2024$1.2B
2-year linear forecast
Predictive Outlook
Population forecast
2024719
2025641 *
2026585 *
R² = 96.2% · * projected
GDP forecast
2024$1.2B
2025$1.2B *
2026$1.3B *
R² = 98.9% · * 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$32,750/yr
Median rent$656/mo
Rent share of income24.0%
Est. mortgage (30yr, 6.5%)$7,457/yr
Mortgage share of income22.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.3%
State avg4.1%
U.S. avg5.2%
Labor force participation42.0%
Poverty rate26.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$122,900
Median monthly rent$656
Price-to-rent ratio15.6x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score50/100
Economic growth93/100
Labor market32/100
Population momentum0/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.