GDP / Output
+2.6% YoY
57
$5.0B
Output changed +2.6% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
89
2.5%
Unemployment is 2.5% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
+9.8% 5-year
100
529
Population moved +9.8% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
49
36.3%
Median rent consumes 36.3% of median household income: Strained.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$8.3K per resident
100
$961.4M
$961.4M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$961.4M
$8.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$609.9M
2. Department of Veterans Affairs$143.4M
3. Department of Agriculture$72.5M
Top recipients
Dollars1. LUMBEE LAND DEVELOPMENT, INC$29.8M
2. RICH CHICKS LLC$27.4M
3. TRANSPORTATION NORTH CAROLINA DEPARTMENT$26.8M
Strained
Housing Affordability
36.3%
of median income
1BR estimate$1,394
2BR estimate$1,836
Median income$56,250
Median home value$151,900
ACS context
Quick Facts
Population
529
Median age
40.9
Bachelor's degree+
17.1%
Poverty rate
20.8%
Labor force participation
52.5%
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
+1.9%
GDP CAGR
+4.4%
Federal flow
5 years
Population (5 years)
2020482
2021376
2022451
2023515
2024529
GDP (5 years)
2020$4.1B
2021$4.3B
2022$4.7B
2023$4.9B
2024$5.0B
2-year linear forecast
Predictive Outlook
Population forecast
2024529
2025541 *
2026564 *
R² = 36.6% · * projected
GDP forecast
2024$5.0B
2025$5.4B *
2026$5.6B *
R² = 97.3% · * 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$56,250/yr
Median rent$1,700/mo
Rent share of income36.3%
Est. mortgage (30yr, 6.5%)$9,217/yr
Mortgage share of income16.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.5%
State avg3.6%
U.S. avg5.2%
Labor force participation52.5%
Poverty rate20.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$151,900
Median monthly rent$1,700
Price-to-rent ratio7.4x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score78/100
Economic growth57/100
Labor market89/100
Population momentum100/100
Overall stability75/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.