GDP / Output
+7.0% YoY
88
$27.6B
Output changed +7.0% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
80
3.1%
Unemployment is 3.1% for June 2026.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+11.6% 5-year
100
56,692
Population moved +11.6% over the latest ACS window.
Vintage date unknown
State population7,066,383
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$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$5.3K per resident
77
$1.8B
$1.8B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$121.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.8B
$5.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.3B
2. Department of Veterans Affairs$356.6M
3. Department of Education$45.9M
Top recipients
Dollars1. MIDDLE TENNESSEE STATE UNIVERSITY$51.8M
2. FEDEX SUPPLY CHAIN DISTRIBUTION SYSTEM, INC.$36.7M
3. TENNESSEE DEPARTMENT OF TRANSPORTATION$24.3M
Affordable
Housing Affordability
21.4%
of median income
1BR estimate$1,198
2BR estimate$1,578
Median income$81,926
Median home value$358,300
ACS context
Quick Facts
Population
56,692
Median age
34.1
Bachelor's degree+
27.8%
Poverty rate
12.5%
Labor force participation
73.2%
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
June 2026
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
+2.2%
GDP CAGR
+8.1%
Federal flow
5 years
Population (5 years)
202050,820
202152,401
202253,760
202355,066
202456,692
GDP (5 years)
2020$18.7B
2021$21.1B
2022$23.5B
2023$25.8B
2024$27.6B
2-year linear forecast
Predictive Outlook
Population forecast
202456,692
202558,071 *
202659,511 *
R² = 99.9% · * projected
GDP forecast
2024$27.6B
2025$30.1B *
2026$32.4B *
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$81,926/yr
Median rent$1,461/mo
Rent share of income21.4%
Est. mortgage (30yr, 6.5%)$21,741/yr
Mortgage share of income26.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.1%
State avg4.7%
U.S. avg5.2%
Labor force participation73.2%
Poverty rate12.5%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$358,300
Median monthly rent$1,461
Price-to-rent ratio20.4x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score87/100
Economic growth88/100
Labor market80/100
Population momentum100/100
Overall stability82/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.