GDP / Output
+4.9% YoY
74
$30.1B
Output changed +4.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
72
3.6%
Unemployment is 3.6% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+12.7% 5-year
100
16,404
Population moved +12.7% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
71
20.7%
Median rent consumes 20.7% of median household income: Affordable.
Vintage date unknown
State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$11.6K per resident
100
$4.8B
$4.8B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$71.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$4.8B
$11.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.2B
2. Department of Defense$981.1M
3. Department of Homeland Security$835.5M
Top recipients
Dollars1. AUSTAL USA, LLC$738.0M
2. NORTHSTAR MARITIME DISMANTLEMENT SERVICES, LLC$533.7M
3. ALABAMA SHIPYARD LLC$106.3M
Affordable
Housing Affordability
20.7%
of median income
1BR estimate$869
2BR estimate$1,145
Median income$61,509
Median home value$217,600
ACS context
Quick Facts
Population
16,404
Median age
43.7
Bachelor's degree+
25.0%
Poverty rate
10.1%
Labor force participation
57.8%
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
+2.4%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
202014,561
202115,942
202216,109
202316,304
202416,404
GDP (5 years)
2020$21.5B
2021$24.6B
2022$26.8B
2023$28.7B
2024$30.1B
2-year linear forecast
Predictive Outlook
Population forecast
202416,404
202517,078 *
202617,483 *
R² = 72.9% · * projected
GDP forecast
2024$30.1B
2025$32.7B *
2026$34.9B *
R² = 97.9% · * 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$61,509/yr
Median rent$1,060/mo
Rent share of income20.7%
Est. mortgage (30yr, 6.5%)$13,204/yr
Mortgage share of income21.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.6%
State avg3.2%
U.S. avg5.2%
Labor force participation57.8%
Poverty rate10.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$217,600
Median monthly rent$1,060
Price-to-rent ratio17.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score80/100
Economic growth74/100
Labor market72/100
Population momentum100/100
Overall stability79/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.