GDP / Output
+0.3% YoY
41
$20.6B
Output changed +0.3% in 2024.
Vintage date unknown
State growth6.8%
U.S. growth5.3%
Jobs
Unemployment rate
27
6.2%
Unemployment is 6.2% for Latest available.
Vintage date unknown
State avg5.0%
U.S. avg4.1%
Population
-10.3% 5-year
0
2,858
Population moved -10.3% over the latest ACS window.
Vintage date unknown
State population7,816,116
U.S. population334,922,499
Housing
Rent share of income
58
29.7%
Median rent consumes 29.7% of median household income: Affordable.
Vintage date unknown
State rent$1.8K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.1K per resident
92
$1.6B
$1.6B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$89.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.6B
$7.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.3B
2. Department of Veterans Affairs$107.2M
3. Department of Housing and Urban Development$48.9M
Top recipients
Dollars1. LUMMI INDIAN BUSINESS COUNCIL$36.7M
2. THE HOUSING AUTHORITY OF THE CITY OF BELLINGHAM$32.3M
3. WESTERN WASHINGTON UNIVERSITY$28.6M
Affordable
Housing Affordability
29.7%
of median income
1BR estimate$1,211
2BR estimate$1,595
Median income$59,625
Median home value$317,800
ACS context
Quick Facts
Population
2,858
Median age
40.9
Bachelor's degree+
14.2%
Poverty rate
17.1%
Labor force participation
55.0%
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
-2.2%
GDP CAGR
+8.0%
Federal flow
5 years
Population (5 years)
20203,187
20213,234
20222,715
20232,661
20242,858
GDP (5 years)
2020$14.1B
2021$17.2B
2022$20.0B
2023$20.6B
2024$20.6B
2-year linear forecast
Predictive Outlook
Population forecast
20242,858
20252,562 *
20262,439 *
R² = 53.7% · * projected
GDP forecast
2024$20.6B
2025$23.5B *
2026$25.1B *
R² = 84.1% · * 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$59,625/yr
Median rent$1,477/mo
Rent share of income29.7%
Est. mortgage (30yr, 6.5%)$19,284/yr
Mortgage share of income32.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.2%
State avg5.0%
U.S. avg4.1%
Labor force participation55.0%
Poverty rate17.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$317,800
Median monthly rent$1,477
Price-to-rent ratio17.9x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score29/100
Economic growth41/100
Labor market27/100
Population momentum0/100
Overall stability40/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.