GDP / Output
+5.6% YoY
78
$351.8B
Output changed +5.6% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
66
3.7%
Unemployment is 3.7% for April 2026.
Vintage date unknown
State avg5.3%
U.S. avg4.3%
Population
-0.1% 5-year
49
3,165,820
Population moved -0.1% over the latest ACS window.
Vintage date unknown
State population39,287,377
U.S. population334,922,499
Housing
Rent share of income
65
25.1%
Median rent consumes 25.1% of median household income: Affordable.
Vintage date unknown
State rent$2.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.3K per resident
94
$23.4B
$23.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$485.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$23.4B
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$13.3B
2. Department of Health and Human Services$5.6B
3. Department of Defense$1.5B
Top recipients
Dollars1. RIVIAN NEW HORIZON, LLC$497.2M
2. UNIVERSITY OF CALIFORNIA IRVINE$349.0M
3. ANDURIL INDUSTRIES, INC.$345.2M
Affordable
Housing Affordability
25.1%
of median income
1BR estimate$1,996
2BR estimate$2,629
Median income$116,289
Median home value$962,600
ACS context
Quick Facts
Population
3,165,820
Median age
39.4
Bachelor's degree+
44.1%
Poverty rate
9.5%
Labor force participation
65.6%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
-0.0%
GDP CAGR
+5.5%
Federal flow
5 years
Population (5 years)
20203,170,345
20213,182,923
20223,175,227
20233,164,063
20243,165,820
GDP (5 years)
2020$268.8B
2021$293.9B
2022$315.4B
2023$333.1B
2024$351.8B
2-year linear forecast
Predictive Outlook
Population forecast
20243,165,820
20253,163,303 *
20263,160,512 *
R² = 33.4% · * projected
GDP forecast
2024$351.8B
2025$374.1B *
2026$394.6B *
R² = 99.5% · * 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$116,289/yr
Median rent$2,434/mo
Rent share of income25.1%
Est. mortgage (30yr, 6.5%)$58,409/yr
Mortgage share of income50.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.7%
State avg5.3%
U.S. avg4.3%
Labor force participation65.6%
Poverty rate9.5%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$962,600
Median monthly rent$2,434
Price-to-rent ratio33.0x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score67/100
Economic growth78/100
Labor market66/100
Population momentum49/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.