GDP / Output
+3.3% YoY
62
$31.2B
Output changed +3.3% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
Jobs
Unemployment rate
86
2.3%
Unemployment is 2.3% for Latest available.
Vintage date unknown
State avg3.3%
U.S. avg4.1%
Population
+22.8% 5-year
100
22,567
Population moved +22.8% over the latest ACS window.
Vintage date unknown
State population6,851,073
U.S. population334,922,499
Housing
Rent share of income
87
9.0%
Median rent consumes 9.0% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.4K per resident
86
$3.2B
$3.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$3.2B
$6.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Veterans Affairs$214.5M
3. Department of Housing and Urban Development$85.9M
Top recipients
Dollars1. INDIANA DEPARTMENT OF TRANSPORTATION$61.5M
2. HOUSING AUTHORITY OF CITY OF GARY TH$27.6M
3. SOUTHLAKE/TRI-CITY MANAGEMENT CORP.$23.0M
Affordable
Housing Affordability
9.0%
of median income
1BR estimate$811
2BR estimate$1,068
Median income$131,467
Median home value$406,300
ACS context
Quick Facts
Population
22,567
Median age
42.3
Bachelor's degree+
43.7%
Poverty rate
2.1%
Labor force participation
62.8%
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
+4.2%
GDP CAGR
+7.3%
Federal flow
5 years
Population (5 years)
202018,382
202119,805
202220,727
202321,639
202422,567
GDP (5 years)
2020$22.0B
2021$25.7B
2022$28.3B
2023$30.2B
2024$31.2B
2-year linear forecast
Predictive Outlook
Population forecast
202422,567
202523,685 *
202624,706 *
R² = 99.0% · * projected
GDP forecast
2024$31.2B
2025$34.4B *
2026$36.7B *
R² = 95.0% · * 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$131,467/yr
Median rent$989/mo
Rent share of income9.0%
Est. mortgage (30yr, 6.5%)$24,654/yr
Mortgage share of income18.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.3%
State avg3.3%
U.S. avg4.1%
Labor force participation62.8%
Poverty rate2.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$406,300
Median monthly rent$989
Price-to-rent ratio34.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score81/100
Economic growth62/100
Labor market86/100
Population momentum100/100
Overall stability84/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.