GDP / Output
+4.4% YoY
69
$3.5B
Output changed +4.4% in 2024.
Vintage date unknown
State growth6.0%
U.S. growth5.3%
Jobs
Unemployment rate
44
5.5%
Unemployment is 5.5% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+36.2% 5-year
100
978
Population moved +36.2% over the latest ACS window.
Vintage date unknown
State population6,206,011
U.S. population334,922,499
Housing
Rent share of income
70
21.7%
Median rent consumes 21.7% 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
$7.6K per resident
96
$520.5M
$520.5M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$105.7B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$520.5M
$7.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$389.0M
2. Department of Veterans Affairs$34.6M
3. Railroad Retirement Board$30.4M
Top recipients
Dollars1. MARYLAND DEPARTMENT OF TRANSPORTATION$20.1M
2. STATE OF MD$8.4M
3. ALLEGANY COLLEGE OF MARYLAND$6.4M
Affordable
Housing Affordability
21.7%
of median income
1BR estimate$790
2BR estimate$1,040
Median income$53,221
Median home value$139,400
ACS context
Quick Facts
Population
978
Median age
44.7
Bachelor's degree+
8.4%
Poverty rate
17.3%
Labor force participation
52.4%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-31
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
+6.4%
GDP CAGR
+2.9%
Federal flow
5 years
Population (5 years)
2020718
2021771
2022976
2023974
2024978
GDP (5 years)
2020$3.1B
2021$3.2B
2022$3.3B
2023$3.4B
2024$3.5B
2-year linear forecast
Predictive Outlook
Population forecast
2024978
20251,100 *
20261,173 *
R² = 79.5% · * projected
GDP forecast
2024$3.5B
2025$3.6B *
2026$3.8B *
R² = 99.5% · * 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$53,221/yr
Median rent$963/mo
Rent share of income21.7%
Est. mortgage (30yr, 6.5%)$8,459/yr
Mortgage share of income15.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.5%
State avg4.3%
U.S. avg5.2%
Labor force participation52.4%
Poverty rate17.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$139,400
Median monthly rent$963
Price-to-rent ratio12.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth69/100
Labor market44/100
Population momentum100/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.