GDP / Output
+8.4% YoY
98
$994.9M
Output changed +8.4% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
15
7.4%
Unemployment is 7.4% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
-5.4% 5-year
18
2,482
Population moved -5.4% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
67
23.5%
Median rent consumes 23.5% 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
$7.9K per resident
98
$228.2M
$228.2M 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
$228.2M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$186.0M
2. Department of Veterans Affairs$23.4M
3. Department of Transportation$4.5M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$4.2M
2. MILLE LACS BAND OF OJIBWE$2.5M
3. REDACTED DUE TO PII$2.1M
Affordable
Housing Affordability
23.5%
of median income
1BR estimate$832
2BR estimate$1,096
Median income$51,875
Median home value$166,300
ACS context
Quick Facts
Population
2,482
Median age
39.9
Bachelor's degree+
12.3%
Poverty rate
25.2%
Labor force participation
28.4%
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
-1.1%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
20202,624
20212,646
20222,566
20232,538
20242,482
GDP (5 years)
2020$756.4M
2021$832.4M
2022$865.1M
2023$918.0M
2024$994.9M
2-year linear forecast
Predictive Outlook
Population forecast
20242,482
20252,454 *
20262,414 *
R² = 88.0% · * projected
GDP forecast
2024$994.9M
2025$1.0B *
2026$1.1B *
R² = 98.3% · * 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$51,875/yr
Median rent$1,015/mo
Rent share of income23.5%
Est. mortgage (30yr, 6.5%)$10,091/yr
Mortgage share of income19.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.4%
State avg4.1%
U.S. avg5.2%
Labor force participation28.4%
Poverty rate25.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$166,300
Median monthly rent$1,015
Price-to-rent ratio13.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score50/100
Economic growth98/100
Labor market15/100
Population momentum18/100
Overall stability53/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.