GDP / Output
+6.4% YoY
84
$21.1B
Output changed +6.4% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
43
5.2%
Unemployment is 5.2% for June 2026.
Vintage date unknown
State avg5.2%
U.S. avg4.2%
Population
-5.3% 5-year
18
9,201
Population moved -5.3% over the latest ACS window.
Vintage date unknown
State population39,287,377
U.S. population334,922,499
Housing
Rent share of income
64
25.6%
Median rent consumes 25.6% of median household income: Affordable.
Vintage date unknown
State rent$2.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.3K per resident
93
$2.0B
$2.0B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$485.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.0B
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.3B
2. Department of Housing and Urban Development$214.5M
3. Department of Transportation$105.6M
Top recipients
Dollars1. HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ$179.8M
2. UNIVERSITY OF CALIFORNIA SANTA CRUZ$117.4M
3. DEPARTMENT OF TRANSPORTATION CALIFORNIA$105.3M
Affordable
Housing Affordability
25.6%
of median income
1BR estimate$2,794
2BR estimate$3,680
Median income$159,929
Median home value$1,338,100
ACS context
Quick Facts
Population
9,201
Median age
51.4
Bachelor's degree+
65.2%
Poverty rate
2.3%
Labor force participation
64.1%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
-1.1%
GDP CAGR
+5.3%
Federal flow
5 years
Population (5 years)
20209,713
20219,264
20229,007
20238,938
20249,201
GDP (5 years)
2020$16.3B
2021$18.2B
2022$19.1B
2023$19.8B
2024$21.1B
2-year linear forecast
Predictive Outlook
Population forecast
20249,201
20258,820 *
20268,685 *
R² = 49.2% · * projected
GDP forecast
2024$21.1B
2025$22.3B *
2026$23.4B *
R² = 97.0% · * 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$159,929/yr
Median rent$3,407/mo
Rent share of income25.6%
Est. mortgage (30yr, 6.5%)$81,194/yr
Mortgage share of income50.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.2%
State avg5.2%
U.S. avg4.2%
Labor force participation64.1%
Poverty rate2.3%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$1,338,100
Median monthly rent$3,407
Price-to-rent ratio32.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score54/100
Economic growth84/100
Labor market43/100
Population momentum18/100
Overall stability58/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.