GDP / Output
+4.4% YoY
70
$143.1B
Output changed +4.4% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
57
4.3%
Unemployment is 4.3% for April 2026.
Vintage date unknown
State avg4.6%
U.S. avg4.3%
Population
+2.3% 5-year
64
2,323,052
Population moved +2.3% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
62
27.2%
Median rent consumes 27.2% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$3.9K per resident
66
$9.4B
$9.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$9.4B
$3.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$8.2B
2. Department of Veterans Affairs$320.2M
3. Department of Transportation$303.8M
Top recipients
Dollars1. PORT AUTHORITY OF NEW YORK & NEW JERSEY$153.8M
2. DEPARTMENT OF TRANSPORTATION NEW YORK$149.2M
3. CITY OF NEW YORK$148.8M
Affordable
Housing Affordability
27.2%
of median income
1BR estimate$1,604
2BR estimate$2,112
Median income$86,136
Median home value$723,800
ACS context
Quick Facts
Population
2,323,052
Median age
40.7
Bachelor's degree+
36.1%
Poverty rate
12.9%
Labor force participation
63.2%
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
April 2026
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
+0.5%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
20202,270,976
20212,393,104
20222,360,826
20232,330,124
20242,323,052
GDP (5 years)
2020$103.4B
2021$110.4B
2022$123.5B
2023$137.1B
2024$143.1B
2-year linear forecast
Predictive Outlook
Population forecast
20242,323,052
20252,347,968 *
20262,352,085 *
R² = 2.0% · * projected
GDP forecast
2024$143.1B
2025$155.3B *
2026$166.0B *
R² = 98.3% · * 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$86,136/yr
Median rent$1,956/mo
Rent share of income27.2%
Est. mortgage (30yr, 6.5%)$43,919/yr
Mortgage share of income51.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.3%
State avg4.6%
U.S. avg4.3%
Labor force participation63.2%
Poverty rate12.9%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$723,800
Median monthly rent$1,956
Price-to-rent ratio30.8x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score64/100
Economic growth70/100
Labor market57/100
Population momentum64/100
Overall stability63/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.