GDP / Output
+5.0% YoY
74
$2.5B
Output changed +5.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
0
22.5%
Unemployment is 22.5% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.1%
Population
-43.2% 5-year
0
391
Population moved -43.2% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
NA
Unavailable
Housing affordability could not be calculated.
Vintage date unknown
State rent$1.3K
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
$364.9M
$364.9M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$364.9M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$231.4M
2. Department of Veterans Affairs$31.7M
3. Department of Education$28.1M
Top recipients
Dollars1. RED LAKE RESERVATION HOUSING AUTHORITY$11.0M
2. MINNESOTA STATE COLLEGES & UNIVERSITIES$10.0M
3. RED LAKE BAND OF CHIPPEWA INDIANS$9.3M
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home value$123,600
ACS context
Quick Facts
Population
391
Median age
43.8
Bachelor's degree+
0.0%
Poverty rate
21.0%
Labor force participation
57.6%
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
-10.7%
GDP CAGR
+5.2%
Federal flow
5 years
Population (5 years)
2020688
2021866
2022852
2023740
2024391
GDP (5 years)
2020$2.0B
2021$2.1B
2022$2.3B
2023$2.4B
2024$2.5B
2-year linear forecast
Predictive Outlook
Population forecast
2024391
2025491 *
2026419 *
R² = 35.1% · * projected
GDP forecast
2024$2.5B
2025$2.7B *
2026$2.8B *
R² = 99.4% · * 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 + income analysis
Cost of Living
Income and housing cost data unavailable for this geography.
employment snapshot
Job Market
Unemployment rate22.5%
State avg4.3%
U.S. avg4.1%
Labor force participation57.6%
Poverty rate21.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$123,600
composite score
Investment Climate
Investment climateWeak
Composite score30/100
Economic growth74/100
Labor market0/100
Population momentum0/100
Overall stability33/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.