GDP / Output
+5.2% YoY
75
$7.8B
Output changed +5.2% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
92
2.0%
Unemployment is 2.0% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
+21.3% 5-year
100
564
Population moved +21.3% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
NA
Unavailable
Housing affordability could not be calculated.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$10.3K per resident
100
$984.8M
$984.8M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$984.8M
$10.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$789.8M
2. Department of Transportation$72.1M
3. Department of Veterans Affairs$63.6M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$69.2M
2. STATE OF NEW JERSEY$11.7M
3. DISTRICT VETERANS CONTRACTING, INC.$9.9M
Unavailable
Housing Affordability
Unavailable
of median income
1BR estimateUnavailable
2BR estimateUnavailable
Median income$129,722
Median home value$302,600
ACS context
Quick Facts
Population
564
Median age
53.7
Bachelor's degree+
47.8%
Poverty rate
15.1%
Labor force participation
56.2%
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
2026-06-16
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
+3.9%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
2020465
2021636
2022736
2023550
2024564
GDP (5 years)
2020$5.7B
2021$6.3B
2022$7.0B
2023$7.4B
2024$7.8B
2-year linear forecast
Predictive Outlook
Population forecast
2024564
2025624 *
2026635 *
R² = 3.0% · * projected
GDP forecast
2024$7.8B
2025$8.5B *
2026$9.0B *
R² = 97.9% · * 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$129,722/yr
Est. mortgage (30yr, 6.5%)$18,361/yr
Mortgage share of income14.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.0%
State avg6.3%
U.S. avg4.3%
Labor force participation56.2%
Poverty rate15.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$302,600
composite score
Investment Climate
Investment climateStrong
Composite score88/100
Economic growth75/100
Labor market92/100
Population momentum100/100
Overall stability90/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.