GDP / Output
+3.9% YoY
66
$105.8B
Output changed +3.9% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
72
3.3%
Unemployment is 3.3% for April 2026.
Vintage date unknown
State avg4.8%
U.S. avg4.3%
Population
+4.8% 5-year
79
26,308
Population moved +4.8% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
80
14.4%
Median rent consumes 14.4% of median household income: Affordable.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$8.2K per resident
100
$7.9B
$7.9B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$7.9B
$8.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$4.7B
2. Department of Health and Human Services$2.0B
3. Department of Transportation$365.6M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$339.5M
2. HOUSING AUTHORITY OF BERGEN CO$76.5M
3. HOWMEDICA OSTEONICS CORP$65.0M
Affordable
Housing Affordability
14.4%
of median income
1BR estimate$2,049
2BR estimate$2,699
Median income$208,211
Median home value$891,200
ACS context
Quick Facts
Population
26,308
Median age
41.6
Bachelor's degree+
80.1%
Poverty rate
4.2%
Labor force participation
67.6%
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
+0.9%
GDP CAGR
+5.3%
Federal flow
5 years
Population (5 years)
202025,110
202125,991
202226,043
202326,076
202426,308
GDP (5 years)
2020$81.7B
2021$88.8B
2022$95.5B
2023$101.8B
2024$105.8B
2-year linear forecast
Predictive Outlook
Population forecast
202426,308
202526,650 *
202626,898 *
R² = 72.4% · * projected
GDP forecast
2024$105.8B
2025$113.1B *
2026$119.2B *
R² = 99.0% · * 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$208,211/yr
Median rent$2,499/mo
Rent share of income14.4%
Est. mortgage (30yr, 6.5%)$54,077/yr
Mortgage share of income26.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.3%
State avg4.8%
U.S. avg4.3%
Labor force participation67.6%
Poverty rate4.2%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$891,200
Median monthly rent$2,499
Price-to-rent ratio29.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth66/100
Labor market72/100
Population momentum79/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.