GDP / Output
+7.1% YoY
89
$3.7B
Output changed +7.1% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
65
3.8%
Unemployment is 3.8% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
+5.2% 5-year
81
1,351
Population moved +5.2% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
73
19.2%
Median rent consumes 19.2% of median household income: Affordable.
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
$10.5K per resident
100
$710.0M
$710.0M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$710.0M
$10.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$526.0M
2. Department of Veterans Affairs$107.0M
3. Department of Defense$38.7M
Top recipients
Dollars1. GREAT LAKES DREDGE & DOCK CO, LLC$26.9M
2. STONE & LIME IMPORTS, INC$15.3M
3. GOVERNMENT SALES, LLC$11.1M
Affordable
Housing Affordability
19.2%
of median income
1BR estimate$1,435
2BR estimate$1,890
Median income$109,375
Median home value$592,300
ACS context
Quick Facts
Population
1,351
Median age
64.2
Bachelor's degree+
65.5%
Poverty rate
3.5%
Labor force participation
40.1%
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
2026-06-16
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
+1.0%
GDP CAGR
+8.0%
Federal flow
5 years
Population (5 years)
20201,284
20211,288
20221,363
20231,387
20241,351
GDP (5 years)
2020$2.5B
2021$2.8B
2022$3.1B
2023$3.5B
2024$3.7B
2-year linear forecast
Predictive Outlook
Population forecast
20241,351
20251,405 *
20261,428 *
R² = 63.5% · * projected
GDP forecast
2024$3.7B
2025$4.1B *
2026$4.4B *
R² = 99.8% · * 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$109,375/yr
Median rent$1,750/mo
Rent share of income19.2%
Est. mortgage (30yr, 6.5%)$35,940/yr
Mortgage share of income32.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.8%
State avg4.7%
U.S. avg4.3%
Labor force participation40.1%
Poverty rate3.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$592,300
Median monthly rent$1,750
Price-to-rent ratio28.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score79/100
Economic growth89/100
Labor market65/100
Population momentum81/100
Overall stability78/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.