GDP / Output
+10.2% YoY
100
$11.6B
Output changed +10.2% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
18
7.2%
Unemployment is 7.2% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
-4.6% 5-year
23
12,116
Population moved -4.6% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
74
18.2%
Median rent consumes 18.2% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.7K per resident
89
$1.5B
$1.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.5B
$6.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.0B
2. Department of Veterans Affairs$191.4M
3. Department of Health and Human Services$109.3M
Top recipients
Dollars1. NORTH CAROLINA DEPARTMENT OF HEALTH & HUMAN SERVICES$90.0M
2. TRANSPORTATION NORTH CAROLINA DEPARTMENT$36.0M
3. SYSCO RALEIGH, LLC$24.6M
Affordable
Housing Affordability
18.2%
of median income
1BR estimate$540
2BR estimate$711
Median income$43,270
Median home value$242,500
ACS context
Quick Facts
Population
12,116
Median age
44.9
Bachelor's degree+
26.7%
Poverty rate
27.3%
Labor force participation
52.0%
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
-0.9%
GDP CAGR
+8.2%
Federal flow
5 years
Population (5 years)
202012,697
202111,168
202211,527
202311,798
202412,116
GDP (5 years)
2020$7.8B
2021$8.4B
2022$9.7B
2023$10.5B
2024$11.6B
2-year linear forecast
Predictive Outlook
Population forecast
202412,116
202511,702 *
202611,648 *
R² = 2.1% · * projected
GDP forecast
2024$11.6B
2025$12.5B *
2026$13.4B *
R² = 99.3% · * 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$43,270/yr
Median rent$658/mo
Rent share of income18.2%
Est. mortgage (30yr, 6.5%)$14,715/yr
Mortgage share of income34.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.2%
State avg3.6%
U.S. avg5.2%
Labor force participation52.0%
Poverty rate27.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$242,500
Median monthly rent$658
Price-to-rent ratio30.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score53/100
Economic growth100/100
Labor market18/100
Population momentum23/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.