GDP / Output
+6.1% YoY
82
$134.8B
Output changed +6.1% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
48
4.9%
Unemployment is 4.9% for April 2026.
Vintage date unknown
State avg5.3%
U.S. avg4.3%
Population
+1.7% 5-year
60
2,478,600
Population moved +1.7% over the latest ACS window.
Vintage date unknown
State population39,287,377
U.S. population334,922,499
Housing
Rent share of income
66
24.5%
Median rent consumes 24.5% 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
$6.1K per resident
84
$14.8B
$14.8B 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
$14.8B
$6.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$10.2B
2. Department of Veterans Affairs$2.0B
3. Department of Defense$943.0M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION CALIFORNIA$650.6M
2. ARMTEC DEFENSE PRODUCTS CO.$300.6M
3. HOUSING AUTHORITY OF THE COUNTY OF RIVERSIDE$180.5M
Affordable
Housing Affordability
24.5%
of median income
1BR estimate$1,559
2BR estimate$2,053
Median income$93,074
Median home value$557,300
ACS context
Quick Facts
Population
2,478,600
Median age
37.0
Bachelor's degree+
25.6%
Poverty rate
10.6%
Labor force participation
61.2%
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
+0.3%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
20202,437,864
20212,409,331
20222,429,487
20232,449,909
20242,478,600
GDP (5 years)
2020$96.4B
2021$107.1B
2022$117.8B
2023$127.0B
2024$134.8B
2-year linear forecast
Predictive Outlook
Population forecast
20242,478,600
20252,477,653 *
20262,489,858 *
R² = 56.5% · * projected
GDP forecast
2024$134.8B
2025$145.6B *
2026$155.3B *
R² = 99.6% · * 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$93,074/yr
Median rent$1,901/mo
Rent share of income24.5%
Est. mortgage (30yr, 6.5%)$33,816/yr
Mortgage share of income36.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg5.3%
U.S. avg4.3%
Labor force participation61.2%
Poverty rate10.6%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$557,300
Median monthly rent$1,901
Price-to-rent ratio24.4x
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 growth82/100
Labor market48/100
Population momentum60/100
Overall stability65/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.