GDP / Output
+8.2% YoY
96
$11.0B
Output changed +8.2% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
61
4.0%
Unemployment is 4.0% for July 2026.
Vintage date unknown
State avg4.3%
U.S. avg4.1%
Population
+4.6% 5-year
78
28,016
Population moved +4.6% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
79
14.8%
Median rent consumes 14.8% of median household income: Affordable.
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
$5.0K per resident
75
$748.4M
$748.4M 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
$748.4M
$5.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$618.6M
2. Department of Veterans Affairs$60.9M
3. Department of Transportation$41.6M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$41.7M
2. REDACTED DUE TO PII$5.4M
3. SCOTT COUNTY COMMUNITY DEVELOPMENT AGENCY$4.9M
Affordable
Housing Affordability
14.8%
of median income
1BR estimate$1,356
2BR estimate$1,786
Median income$134,255
Median home value$450,700
ACS context
Quick Facts
Population
28,016
Median age
39.6
Bachelor's degree+
52.4%
Poverty rate
3.1%
Labor force participation
73.0%
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
July 2026
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
+0.9%
GDP CAGR
+9.3%
Federal flow
5 years
Population (5 years)
202026,775
202127,242
202227,608
202327,832
202428,016
GDP (5 years)
2020$7.0B
2021$8.1B
2022$9.4B
2023$10.1B
2024$11.0B
2-year linear forecast
Predictive Outlook
Population forecast
202428,016
202528,416 *
202628,723 *
R² = 96.3% · * projected
GDP forecast
2024$11.0B
2025$12.1B *
2026$13.1B *
R² = 98.8% · * 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$134,255/yr
Median rent$1,654/mo
Rent share of income14.8%
Est. mortgage (30yr, 6.5%)$27,348/yr
Mortgage share of income20.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.0%
State avg4.3%
U.S. avg4.1%
Labor force participation73.0%
Poverty rate3.1%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$450,700
Median monthly rent$1,654
Price-to-rent ratio22.7x
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 growth96/100
Labor market61/100
Population momentum78/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.