GDP / Output
+4.6% YoY
71
$37.1B
Output changed +4.6% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
68
3.6%
Unemployment is 3.6% for April 2026.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+2.4% 5-year
64
20,611
Population moved +2.4% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
77
16.4%
Median rent consumes 16.4% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$12.3K per resident
100
$5.4B
$5.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$5.4B
$12.3K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$2.8B
2. Social Security Administration$2.2B
3. Department of Veterans Affairs$208.7M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$45.8M
2. DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY$38.9M
3. ROSEMOUNT AEROSPACE INC$31.3M
Affordable
Housing Affordability
16.4%
of median income
1BR estimate$983
2BR estimate$1,295
Median income$87,994
Median home value$281,600
ACS context
Quick Facts
Population
20,611
Median age
37.2
Bachelor's degree+
32.5%
Poverty rate
8.3%
Labor force participation
73.8%
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
April 2026
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
+0.5%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
202020,132
202120,637
202220,598
202320,633
202420,611
GDP (5 years)
2020$26.9B
2021$29.4B
2022$33.4B
2023$35.5B
2024$37.1B
2-year linear forecast
Predictive Outlook
Population forecast
202420,611
202520,808 *
202620,904 *
R² = 47.6% · * projected
GDP forecast
2024$37.1B
2025$40.5B *
2026$43.1B *
R² = 97.6% · * 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$87,994/yr
Median rent$1,199/mo
Rent share of income16.4%
Est. mortgage (30yr, 6.5%)$17,087/yr
Mortgage share of income19.4%
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 avg4.5%
U.S. avg4.3%
Labor force participation73.8%
Poverty rate8.3%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$281,600
Median monthly rent$1,199
Price-to-rent ratio19.6x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth71/100
Labor market68/100
Population momentum64/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.