GDP / Output
+5.2% YoY
76
$140.5B
Output changed +5.2% in 2024.
Vintage date unknown
State growth6.3%
U.S. growth5.3%
Jobs
Unemployment rate
54
4.5%
Unemployment is 4.5% for April 2026.
Vintage date unknown
State avg4.8%
U.S. avg4.3%
Population
+3.5% 5-year
71
1,533,806
Population moved +3.5% over the latest ACS window.
Vintage date unknown
State population22,416,077
U.S. population334,922,499
Housing
Rent share of income
61
27.5%
Median rent consumes 27.5% of median household income: Affordable.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$324.9B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
27.5%
of median income
1BR estimate$1,571
2BR estimate$2,069
Median income$83,581
Median home value$447,300
ACS context
Quick Facts
Population
1,533,806
Median age
45.3
Bachelor's degree+
40.5%
Poverty rate
11.3%
Labor force participation
59.6%
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
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.7%
GDP CAGR
+8.4%
Federal flow
N/A
Population (5 years)
20201,482,057
20211,481,233
20221,494,805
20231,507,453
20241,533,806
GDP (5 years)
2020$93.9B
2021$108.5B
2022$120.5B
2023$133.5B
2024$140.5B
2-year linear forecast
Predictive Outlook
Population forecast
20241,533,806
20251,538,786 *
20261,551,758 *
R² = 88.6% · * projected
GDP forecast
2024$140.5B
2025$154.8B *
2026$166.7B *
R² = 98.8% · * 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$83,581/yr
Median rent$1,916/mo
Rent share of income27.5%
Est. mortgage (30yr, 6.5%)$27,142/yr
Mortgage share of income32.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.5%
State avg4.8%
U.S. avg4.3%
Labor force participation59.6%
Poverty rate11.3%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$447,300
Median monthly rent$1,916
Price-to-rent ratio19.5x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score67/100
Economic growth76/100
Labor market54/100
Population momentum71/100
Overall stability64/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.