GDP / Output
-7.5% YoY
0
$2.6B
Output changed -7.5% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
33
6.2%
Unemployment is 6.2% for June 2026.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
-1.9% 5-year
39
104
Population moved -1.9% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
81
13.5%
Median rent consumes 13.5% 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
$9.3K per resident
100
$419.9M
$419.9M 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
$419.9M
$9.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$325.7M
2. Department of Veterans Affairs$44.3M
3. Department of Health and Human Services$12.7M
Top recipients
Dollars1. LEECH LAKE BAND OF OJIBWE$11.8M
2. MINNESOTA DEPARTMENT OF TRANSPORTATION$7.4M
3. ITASCA COUNTY HRA$3.0M
Affordable
Housing Affordability
13.5%
of median income
1BR estimate$554
2BR estimate$729
Median income$60,000
Median home value$181,300
ACS context
Quick Facts
Population
104
Median age
39.4
Bachelor's degree+
5.9%
Poverty rate
26.9%
Labor force participation
38.0%
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
-0.4%
GDP CAGR
+4.4%
Federal flow
5 years
Population (5 years)
2020106
202186
202296
2023133
2024104
GDP (5 years)
2020$2.1B
2021$2.4B
2022$2.6B
2023$2.8B
2024$2.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024104
2025118 *
2026122 *
R² = 15.1% · * projected
GDP forecast
2024$2.6B
2025$2.9B *
2026$3.0B *
R² = 66.9% · * 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$60,000/yr
Median rent$675/mo
Rent share of income13.5%
Est. mortgage (30yr, 6.5%)$11,001/yr
Mortgage share of income18.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.2%
State avg4.1%
U.S. avg5.2%
Labor force participation38.0%
Poverty rate26.9%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$181,300
Median monthly rent$675
Price-to-rent ratio22.4x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateWeak
Composite score28/100
Economic growth0/100
Labor market33/100
Population momentum39/100
Overall stability46/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.