GDP / Output
-4.1% YoY
11
$877.0M
Output changed -4.1% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
62
3.9%
Unemployment is 3.9% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.1%
Population
-3.7% 5-year
28
2,307
Population moved -3.7% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
77
16.6%
Median rent consumes 16.6% 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
$8.1K per resident
100
$172.3M
$172.3M 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
$172.3M
$8.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$123.2M
2. Department of Agriculture$25.2M
3. Department of Veterans Affairs$15.8M
Top recipients
Dollars1. REDACTED DUE TO PII$24.7M
2. STATE OF MINNESOTA - PRESTON$3.5M
3. MINNESOTA DEPARTMENT OF TRANSPORTATION$3.4M
Affordable
Housing Affordability
16.6%
of median income
1BR estimate$750
2BR estimate$988
Median income$66,339
Median home value$160,800
ACS context
Quick Facts
Population
2,307
Median age
43.9
Bachelor's degree+
18.1%
Poverty rate
9.3%
Labor force participation
66.4%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
-0.7%
GDP CAGR
+4.9%
Federal flow
5 years
Population (5 years)
20202,395
20212,478
20222,512
20232,357
20242,307
GDP (5 years)
2020$690.6M
2021$756.7M
2022$862.0M
2023$914.2M
2024$877.0M
2-year linear forecast
Predictive Outlook
Population forecast
20242,307
20252,321 *
20262,291 *
R² = 30.8% · * projected
GDP forecast
2024$877.0M
2025$979.2M *
2026$1.0B *
R² = 81.2% · * 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$66,339/yr
Median rent$915/mo
Rent share of income16.6%
Est. mortgage (30yr, 6.5%)$9,757/yr
Mortgage share of income14.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.9%
State avg4.3%
U.S. avg4.1%
Labor force participation66.4%
Poverty rate9.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$160,800
Median monthly rent$915
Price-to-rent ratio14.6x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score38/100
Economic growth11/100
Labor market62/100
Population momentum28/100
Overall stability54/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.