GDP / Output
+3.3% YoY
62
$31.2B
Output changed +3.3% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.6%
Unemployment is 10.6% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+25.7% 5-year
100
230
Population moved +25.7% over the latest ACS window.
Vintage date unknown
State population6,851,073
U.S. population334,922,499
Housing
Rent share of income
70
21.4%
Median rent consumes 21.4% 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
$6.4K per resident
86
$3.2B
$3.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$3.2B
$6.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Veterans Affairs$214.5M
3. Department of Housing and Urban Development$85.1M
Top recipients
Dollars1. INDIANA DEPARTMENT OF TRANSPORTATION$61.5M
2. HOUSING AUTHORITY OF CITY OF GARY TH$27.6M
3. SOUTHLAKE/TRI-CITY MANAGEMENT CORP.$23.0M
Affordable
Housing Affordability
21.4%
of median income
1BR estimate$923
2BR estimate$1,215
Median income$63,182
Median home value$172,500
ACS context
Quick Facts
Population
230
Median age
28.8
Bachelor's degree+
6.0%
Poverty rate
4.3%
Labor force participation
69.8%
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
+4.7%
GDP CAGR
+7.3%
Federal flow
5 years
Population (5 years)
2020183
2021176
2022187
2023207
2024230
GDP (5 years)
2020$22.0B
2021$25.7B
2022$28.3B
2023$30.2B
2024$31.2B
2-year linear forecast
Predictive Outlook
Population forecast
2024230
2025234 *
2026247 *
R² = 81.2% · * projected
GDP forecast
2024$31.2B
2025$34.4B *
2026$36.7B *
R² = 95.0% · * 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$63,182/yr
Median rent$1,125/mo
Rent share of income21.4%
Est. mortgage (30yr, 6.5%)$10,467/yr
Mortgage share of income16.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.6%
State avg4.3%
U.S. avg5.2%
Labor force participation69.8%
Poverty rate4.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$172,500
Median monthly rent$1,125
Price-to-rent ratio12.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score52/100
Economic growth62/100
Labor market0/100
Population momentum100/100
Overall stability54/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.