GDP / Output
+4.7% YoY
72
$30.6B
Output changed +4.7% in 2024.
Vintage date unknown
State growth5.5%
U.S. growth5.3%
Jobs
Unemployment rate
51
5.0%
Unemployment is 5.0% for April 2026.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
-26.0% 5-year
0
487
Population moved -26.0% over the latest ACS window.
Vintage date unknown
State population7,044,056
U.S. population334,922,499
Housing
Rent share of income
87
9.3%
Median rent consumes 9.3% of median household income: Affordable.
Vintage date unknown
State rent$1.8K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.5K per resident
95
$3.5B
$3.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$103.3B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$3.5B
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.5B
2. Department of Veterans Affairs$265.1M
3. Department of Housing and Urban Development$199.3M
Top recipients
Dollars1. SUBLIME SYSTEMS, INC.$86.9M
2. VETERANS' HOME IN HOLYOKE$59.1M
3. SPRINGFIELD HOUSING AUTHORITY$57.6M
Affordable
Housing Affordability
9.3%
of median income
1BR estimate$677
2BR estimate$891
Median income$106,806
Median home value$302,800
ACS context
Quick Facts
Population
487
Median age
45.0
Bachelor's degree+
29.1%
Poverty rate
7.0%
Labor force participation
55.1%
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
2026-06-16
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
-5.8%
GDP CAGR
+4.9%
Federal flow
5 years
Population (5 years)
2020658
2021586
2022573
2023568
2024487
GDP (5 years)
2020$24.1B
2021$26.0B
2022$27.5B
2023$29.2B
2024$30.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024487
2025466 *
2026430 *
R² = 87.5% · * projected
GDP forecast
2024$30.6B
2025$32.3B *
2026$34.0B *
R² = 99.8% · * 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$106,806/yr
Median rent$825/mo
Rent share of income9.3%
Est. mortgage (30yr, 6.5%)$18,373/yr
Mortgage share of income17.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.0%
State avg4.7%
U.S. avg5.2%
Labor force participation55.1%
Poverty rate7.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$302,800
Median monthly rent$825
Price-to-rent ratio30.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score50/100
Economic growth72/100
Labor market51/100
Population momentum0/100
Overall stability61/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.