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
61
4.0%
Unemployment is 4.0% for July 2026.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
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
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State totalUnavailable
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
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
+3.0%
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
2026-09-09
HUD Fair Market Rent
Latest available
Data notes
- USAspending federal inflow temporarily unavailable.
- 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
N/A
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 rate4.0%
State avg4.4%
U.S. avg4.1%
Labor force participation63.2%
Poverty rate12.9%
Data from BLS LAUS / CPS. July 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 score65/100
Economic growth70/100
Labor market61/100
Population momentum64/100
Overall stability64/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.