GDP / Output
+4.8% YoY
72
$8.5B
Output changed +4.8% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
53
4.6%
Unemployment is 4.6% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
-2.4% 5-year
35
1,612
Population moved -2.4% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
NA
Unavailable
Housing affordability could not be calculated.
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
$6.8K per resident
89
$1.0B
$1.0B 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
$1.0B
$6.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$753.8M
2. Department of Veterans Affairs$77.7M
3. Department of Defense$71.5M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$32.5M
2. SEASHORE FRUIT & PRODUCE CO., INC.$30.1M
3. TRI-COUNTY COMMUNITY ACTION AGENCY, INC.$27.6M
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimate$1,407
2BR estimate$1,853
Median incomeUnavailable
Median home value$118,700
ACS context
Quick Facts
Population
1,612
Median age
37.4
Bachelor's degree+
2.3%
Poverty rate
17.5%
Labor force participation
57.7%
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
-0.5%
GDP CAGR
+5.0%
Federal flow
5 years
Population (5 years)
20201,652
20211,697
20221,711
20231,702
20241,612
GDP (5 years)
2020$6.7B
2021$7.3B
2022$7.7B
2023$8.1B
2024$8.5B
2-year linear forecast
Predictive Outlook
Population forecast
20241,612
20251,652 *
20261,645 *
R² = 8.0% · * projected
GDP forecast
2024$8.5B
2025$9.0B *
2026$9.5B *
R² = 98.7% · * 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 rent$1,716/mo
Est. mortgage (30yr, 6.5%)$7,203/yr
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.6%
State avg6.3%
U.S. avg4.3%
Labor force participation57.7%
Poverty rate17.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$118,700
Median monthly rent$1,716
Price-to-rent ratio5.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score57/100
Economic growth72/100
Labor market53/100
Population momentum35/100
Overall stability59/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.