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
0
11.9%
Unemployment is 11.9% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
+2.2% 5-year
63
12,233
Population moved +2.2% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
72
19.8%
Median rent consumes 19.8% 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
19.8%
of median income
1BR estimate$1,027
2BR estimate$1,352
Median income$76,032
Median home value$207,600
ACS context
Quick Facts
Population
12,233
Median age
38.5
Bachelor's degree+
21.9%
Poverty rate
12.5%
Labor force participation
62.2%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+0.4%
GDP CAGR
+5.0%
Federal flow
5 years
Population (5 years)
202011,968
202112,093
202212,256
202312,238
202412,233
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
202412,233
202512,360 *
202612,428 *
R² = 73.5% · * 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$76,032/yr
Median rent$1,252/mo
Rent share of income19.8%
Est. mortgage (30yr, 6.5%)$12,597/yr
Mortgage share of income16.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate11.9%
State avg6.3%
U.S. avg4.3%
Labor force participation62.2%
Poverty rate12.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$207,600
Median monthly rent$1,252
Price-to-rent ratio13.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score45/100
Economic growth65/100
Labor market0/100
Population momentum63/100
Overall stability50/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.