GDP / Output
+5.6% YoY
78
$24.4B
Output changed +5.6% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
41
5.4%
Unemployment is 5.4% for Latest available.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
-4.3% 5-year
24
11,573
Population moved -4.3% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
56
31.2%
Median rent consumes 31.2% of median household income: Strained.
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
$12.9K per resident
100
$4.3B
$4.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$4.3B
$12.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$1.4B
3. Department of Defense$824.2M
Top recipients
Dollars1. CACI NSS, LLC$230.9M
2. TRANSPORTATION NORTH CAROLINA DEPARTMENT$141.5M
3. GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC.$91.0M
Strained
Housing Affordability
31.2%
of median income
1BR estimate$1,108
2BR estimate$1,459
Median income$51,958
Median home value$124,000
ACS context
Quick Facts
Population
11,573
Median age
26.1
Bachelor's degree+
25.2%
Poverty rate
17.7%
Labor force participation
69.2%
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
2026-06-10
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
-0.9%
GDP CAGR
+5.5%
Federal flow
5 years
Population (5 years)
202012,093
202111,629
202211,710
202311,613
202411,573
GDP (5 years)
2020$18.7B
2021$20.4B
2022$21.7B
2023$23.1B
2024$24.4B
2-year linear forecast
Predictive Outlook
Population forecast
202411,573
202511,407 *
202611,301 *
R² = 61.8% · * projected
GDP forecast
2024$24.4B
2025$25.9B *
2026$27.4B *
R² = 99.8% · * 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$51,958/yr
Median rent$1,351/mo
Rent share of income31.2%
Est. mortgage (30yr, 6.5%)$7,524/yr
Mortgage share of income14.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.4%
State avg3.7%
U.S. avg4.3%
Labor force participation69.2%
Poverty rate17.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$124,000
Median monthly rent$1,351
Price-to-rent ratio7.6x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score52/100
Economic growth78/100
Labor market41/100
Population momentum24/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.