GDP / Output
+4.7% YoY
72
$17.4B
Output changed +4.7% in 2024.
Vintage date unknown
State growth3.5%
U.S. growth5.3%
Jobs
Unemployment rate
35
5.8%
Unemployment is 5.8% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
+2.8% 5-year
67
28,561
Population moved +2.8% over the latest ACS window.
Vintage date unknown
State population4,611,961
U.S. population334,922,499
Housing
Rent share of income
67
23.4%
Median rent consumes 23.4% 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
$7.9K per resident
98
$2.1B
$2.1B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$59.8B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.1B
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.5B
2. Department of Veterans Affairs$240.2M
3. Department of Defense$183.2M
Top recipients
Dollars1. HORNBECK OFFSHORE OPERATORS LLC$80.0M
2. PEOPLE WHO THINK, L.L.C.$77.1M
3. JGILS, LLC$61.0M
Affordable
Housing Affordability
23.4%
of median income
1BR estimate$1,128
2BR estimate$1,485
Median income$70,497
Median home value$217,700
ACS context
Quick Facts
Population
28,561
Median age
38.9
Bachelor's degree+
31.4%
Poverty rate
15.7%
Labor force participation
60.4%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+0.6%
GDP CAGR
+6.2%
Federal flow
5 years
Population (5 years)
202027,782
202128,537
202228,690
202328,664
202428,561
GDP (5 years)
2020$12.9B
2021$14.7B
2022$15.5B
2023$16.6B
2024$17.4B
2-year linear forecast
Predictive Outlook
Population forecast
202428,561
202528,952 *
202629,121 *
R² = 49.9% · * projected
GDP forecast
2024$17.4B
2025$18.7B *
2026$19.8B *
R² = 97.1% · * 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$70,497/yr
Median rent$1,375/mo
Rent share of income23.4%
Est. mortgage (30yr, 6.5%)$13,210/yr
Mortgage share of income18.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.8%
State avg6.3%
U.S. avg4.3%
Labor force participation60.4%
Poverty rate15.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$217,700
Median monthly rent$1,375
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 climateModerate
Composite score59/100
Economic growth72/100
Labor market35/100
Population momentum67/100
Overall stability62/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.