GDP / Output
+6.5% YoY
84
$128.4B
Output changed +6.5% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
77
3.0%
Unemployment is 3.0% for April 2026.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
+2.4% 5-year
64
481,031
Population moved +2.4% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
69
22.1%
Median rent consumes 22.1% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$11.4K per resident
100
$12.9B
$12.9B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$12.9B
$11.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$4.6B
2. Department of Housing and Urban Development$1.6B
3. Department of Commerce$1.6B
Top recipients
Dollars1. DEPARTMENT OF INFORMATION TECHNOLOGY$1.6B
2. NORTH CAROLINA DEPARTMENT OF PUBLIC SAFETY$1.5B
3. DEPARTMENT OF COMMERCE NORTH CAROLINA$1.5B
Affordable
Housing Affordability
22.1%
of median income
1BR estimate$1,289
2BR estimate$1,698
Median income$85,395
Median home value$415,800
ACS context
Quick Facts
Population
481,031
Median age
34.7
Bachelor's degree+
54.0%
Poverty rate
11.9%
Labor force participation
70.9%
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
+8.0%
Federal flow
5 years
Population (5 years)
2020469,698
2021462,219
2022465,517
2023470,763
2024481,031
GDP (5 years)
2020$87.4B
2021$98.3B
2022$109.1B
2023$120.6B
2024$128.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024481,031
2025479,209 *
2026482,330 *
R² = 48.0% · * projected
GDP forecast
2024$128.4B
2025$140.1B *
2026$150.5B *
R² = 99.7% · * 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$85,395/yr
Median rent$1,572/mo
Rent share of income22.1%
Est. mortgage (30yr, 6.5%)$25,230/yr
Mortgage share of income29.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.0%
State avg3.7%
U.S. avg4.3%
Labor force participation70.9%
Poverty rate11.9%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$415,800
Median monthly rent$1,572
Price-to-rent ratio22.0x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score77/100
Economic growth84/100
Labor market77/100
Population momentum64/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.