GDP / Output
+3.8% YoY
65
$2.6B
Output changed +3.8% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
22
6.6%
Unemployment is 6.6% for Latest available.
Vintage date unknown
State avg3.8%
U.S. avg4.1%
Population
-1.9% 5-year
39
7,035
Population moved -1.9% over the latest ACS window.
Vintage date unknown
State population1,387,817
U.S. population334,922,499
Housing
Rent share of income
68
23.2%
Median rent consumes 23.2% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$9.1K per resident
100
$370.7M
$370.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$22.0B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$370.7M
$9.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$301.2M
2. Department of Veterans Affairs$27.6M
3. Department of Transportation$15.0M
Top recipients
Dollars1. MAINE DEPARTMENT OF TRANSPORTATION$7.2M
2. TOWN OF VINALHAVEN$4.4M
3. OCEAN SURVEYS, INC.$4.0M
Affordable
Housing Affordability
23.2%
of median income
1BR estimate$895
2BR estimate$1,179
Median income$56,533
Median home value$245,800
ACS context
Quick Facts
Population
7,035
Median age
49.3
Bachelor's degree+
35.6%
Poverty rate
10.4%
Labor force participation
65.5%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
-0.4%
GDP CAGR
+5.7%
Federal flow
5 years
Population (5 years)
20207,172
20216,977
20226,986
20236,991
20247,035
GDP (5 years)
2020$2.0B
2021$2.2B
2022$2.4B
2023$2.5B
2024$2.6B
2-year linear forecast
Predictive Outlook
Population forecast
20247,035
20256,954 *
20266,928 *
R² = 25.6% · * projected
GDP forecast
2024$2.6B
2025$2.8B *
2026$3.0B *
R² = 98.9% · * 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$56,533/yr
Median rent$1,092/mo
Rent share of income23.2%
Est. mortgage (30yr, 6.5%)$14,915/yr
Mortgage share of income26.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.6%
State avg3.8%
U.S. avg4.1%
Labor force participation65.5%
Poverty rate10.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$245,800
Median monthly rent$1,092
Price-to-rent ratio18.8x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score46/100
Economic growth65/100
Labor market22/100
Population momentum39/100
Overall stability52/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.