GDP / Output
+5.4% YoY
77
$2.1B
Output changed +5.4% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.1%
Unemployment is 10.1% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
+10.9% 5-year
100
346
Population moved +10.9% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
82
12.5%
Median rent consumes 12.5% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$8.1K per resident
100
$205.6M
$205.6M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$205.6M
$8.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$122.4M
2. Department of Agriculture$39.7M
3. Department of Transportation$20.0M
Top recipients
Dollars1. REDACTED DUE TO PII$37.5M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$19.9M
3. MINNESOTA STATE COLLEGES & UNIVERSITIES$7.6M
Affordable
Housing Affordability
12.5%
of median income
1BR estimate$489
2BR estimate$644
Median income$57,083
Median home value$107,600
ACS context
Quick Facts
Population
346
Median age
44.7
Bachelor's degree+
13.7%
Poverty rate
5.6%
Labor force participation
62.2%
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
Latest available
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
+2.1%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
2020312
2021312
2022304
2023323
2024346
GDP (5 years)
2020$1.6B
2021$1.7B
2022$1.9B
2023$2.0B
2024$2.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024346
2025343 *
2026351 *
R² = 58.5% · * projected
GDP forecast
2024$2.1B
2025$2.3B *
2026$2.4B *
R² = 95.2% · * 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$57,083/yr
Median rent$596/mo
Rent share of income12.5%
Est. mortgage (30yr, 6.5%)$6,529/yr
Mortgage share of income11.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.1%
State avg4.1%
U.S. avg5.2%
Labor force participation62.2%
Poverty rate5.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$107,600
Median monthly rent$596
Price-to-rent ratio15.0x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score58/100
Economic growth77/100
Labor market0/100
Population momentum100/100
Overall stability61/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.