GDP / Output
+4.9% YoY
74
$30.1B
Output changed +4.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.1%
Unemployment is 10.1% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
-12.3% 5-year
0
18,961
Population moved -12.3% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
58
30.2%
Median rent consumes 30.2% of median household income: Strained.
Vintage date unknown
State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$11.6K per resident
100
$4.8B
$4.8B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$71.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$4.8B
$11.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.2B
2. Department of Defense$981.1M
3. Department of Homeland Security$835.5M
Top recipients
Dollars1. AUSTAL USA, LLC$738.0M
2. NORTHSTAR MARITIME DISMANTLEMENT SERVICES, LLC$533.7M
3. ALABAMA SHIPYARD LLC$106.3M
Strained
Housing Affordability
30.2%
of median income
1BR estimate$756
2BR estimate$996
Median income$36,588
Median home value$85,700
ACS context
Quick Facts
Population
18,961
Median age
38.8
Bachelor's degree+
10.8%
Poverty rate
30.6%
Labor force participation
44.7%
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
2026-06-10
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
-2.6%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
202021,618
202119,645
202219,353
202319,121
202418,961
GDP (5 years)
2020$21.5B
2021$24.6B
2022$26.8B
2023$28.7B
2024$30.1B
2-year linear forecast
Predictive Outlook
Population forecast
202418,961
202517,988 *
202617,404 *
R² = 72.9% · * projected
GDP forecast
2024$30.1B
2025$32.7B *
2026$34.9B *
R² = 97.9% · * 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$36,588/yr
Median rent$922/mo
Rent share of income30.2%
Est. mortgage (30yr, 6.5%)$5,200/yr
Mortgage share of income14.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.1%
State avg4.7%
U.S. avg4.3%
Labor force participation44.7%
Poverty rate30.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$85,700
Median monthly rent$922
Price-to-rent ratio7.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score32/100
Economic growth74/100
Labor market0/100
Population momentum0/100
Overall stability39/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.