GDP / Output
+5.8% YoY
80
$15.0B
Output changed +5.8% in 2024.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
72
3.6%
Unemployment is 3.6% for Latest available.
Vintage date unknown
State avg4.8%
U.S. avg5.2%
Population
-0.4% 5-year
48
8,966
Population moved -0.4% over the latest ACS window.
Vintage date unknown
State population11,810,293
U.S. population334,922,499
Housing
Rent share of income
75
18.2%
Median rent consumes 18.2% 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
$7.3K per resident
93
$2.3B
$2.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.3B
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.8B
2. Department of Veterans Affairs$154.8M
3. Department of Transportation$154.7M
Top recipients
Dollars1. OHIO DEPARTMENT OF TRANSPORTATION$119.7M
2. LORAIN METROPOLITAN HOUSING AUTHORITY$46.3M
3. RAIL DEVELOPMENT COMMISSION OHIO$26.3M
Affordable
Housing Affordability
18.2%
of median income
1BR estimate$864
2BR estimate$1,138
Median income$69,632
Median home value$167,000
ACS context
Quick Facts
Population
8,966
Median age
44.3
Bachelor's degree+
18.2%
Poverty rate
14.8%
Labor force participation
65.9%
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
-0.1%
GDP CAGR
+6.2%
Federal flow
5 years
Population (5 years)
20209,001
20218,985
20228,958
20238,946
20248,966
GDP (5 years)
2020$11.1B
2021$12.3B
2022$13.1B
2023$14.2B
2024$15.0B
2-year linear forecast
Predictive Outlook
Population forecast
20248,966
20258,939 *
20268,928 *
R² = 62.0% · * projected
GDP forecast
2024$15.0B
2025$16.1B *
2026$17.0B *
R² = 99.7% · * 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$69,632/yr
Median rent$1,054/mo
Rent share of income18.2%
Est. mortgage (30yr, 6.5%)$10,133/yr
Mortgage share of income14.6%
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 avg4.8%
U.S. avg5.2%
Labor force participation65.9%
Poverty rate14.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$167,000
Median monthly rent$1,054
Price-to-rent ratio13.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score70/100
Economic growth80/100
Labor market72/100
Population momentum48/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.