GDP / Output
+3.7% YoY
65
$7.4B
Output changed +3.7% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
51
5.0%
Unemployment is 5.0% for April 2026.
Vintage date unknown
State avg6.3%
U.S. avg5.2%
Population
+10.4% 5-year
100
424
Population moved +10.4% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
65
24.6%
Median rent consumes 24.6% 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
$7.9K per resident
98
$510.0M
$510.0M 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
$510.0M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$396.5M
2. Department of Defense$40.0M
3. Department of Veterans Affairs$38.2M
Top recipients
Dollars1. SEVENSON ENVIRONMENTAL SERVICES, INC.$24.1M
2. VERINA CONSULTING GROUP LLC$7.1M
3. TRANSPORTATION, NEW JERSEY DEPT OF$6.0M
Affordable
Housing Affordability
24.6%
of median income
1BR estimate$1,523
2BR estimate$2,006
Median income$90,417
Median home value$193,900
ACS context
Quick Facts
Population
424
Median age
33.0
Bachelor's degree+
16.4%
Poverty rate
4.2%
Labor force participation
60.8%
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
2026-06-16
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
+2.0%
GDP CAGR
+5.0%
Federal flow
5 years
Population (5 years)
2020384
2021366
2022367
2023380
2024424
GDP (5 years)
2020$5.8B
2021$6.4B
2022$6.7B
2023$7.1B
2024$7.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024424
2025412 *
2026422 *
R² = 39.6% · * projected
GDP forecast
2024$7.4B
2025$7.8B *
2026$8.2B *
R² = 97.4% · * 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$90,417/yr
Median rent$1,857/mo
Rent share of income24.6%
Est. mortgage (30yr, 6.5%)$11,766/yr
Mortgage share of income13.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.0%
State avg6.3%
U.S. avg5.2%
Labor force participation60.8%
Poverty rate4.2%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$193,900
Median monthly rent$1,857
Price-to-rent ratio8.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score70/100
Economic growth65/100
Labor market51/100
Population momentum100/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.