GDP / Output
+7.3% YoY
90
$6.2B
Output changed +7.3% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
0
9.7%
Unemployment is 9.7% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg5.2%
Population
+15.6% 5-year
100
4,553
Population moved +15.6% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
74
18.4%
Median rent consumes 18.4% 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
$7.3K per resident
94
$803.1M
$803.1M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$803.1M
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$668.1M
2. Department of Transportation$47.3M
3. Department of Veterans Affairs$43.5M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$47.3M
2. NORTHWEST NEW JERSEY COMMUNITY ACTION PROGRAM INC$9.0M
3. WARREN COUNTY HOUSING PROGRAM$7.0M
Affordable
Housing Affordability
18.4%
of median income
1BR estimate$1,647
2BR estimate$2,169
Median income$131,169
Median home value$369,900
ACS context
Quick Facts
Population
4,553
Median age
49.8
Bachelor's degree+
53.7%
Poverty rate
5.2%
Labor force participation
69.3%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
+3.0%
GDP CAGR
+8.4%
Federal flow
5 years
Population (5 years)
20203,937
20214,377
20224,562
20234,622
20244,553
GDP (5 years)
2020$4.1B
2021$4.5B
2022$5.1B
2023$5.7B
2024$6.2B
2-year linear forecast
Predictive Outlook
Population forecast
20244,553
20254,853 *
20265,001 *
R² = 69.6% · * projected
GDP forecast
2024$6.2B
2025$6.7B *
2026$7.3B *
R² = 99.1% · * 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$131,169/yr
Median rent$2,008/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$22,445/yr
Mortgage share of income17.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate9.7%
State avg4.4%
U.S. avg5.2%
Labor force participation69.3%
Poverty rate5.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$369,900
Median monthly rent$2,008
Price-to-rent ratio15.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score62/100
Economic growth90/100
Labor market0/100
Population momentum100/100
Overall stability61/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.