GDP / Output
+4.0% YoY
67
$17.1B
Output changed +4.0% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
86
2.7%
Unemployment is 2.7% for Latest available.
Vintage date unknown
State avg4.1%
U.S. avg5.2%
Population
+9.8% 5-year
100
483
Population moved +9.8% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
83
11.9%
Median rent consumes 11.9% 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
$6.1K per resident
84
$1.6B
$1.6B 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
$1.6B
$6.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$123.2M
3. Department of Transportation$22.1M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$22.3M
2. CENTURY COLLEGE$18.3M
3. REDACTED DUE TO PII$4.7M
Affordable
Housing Affordability
11.9%
of median income
1BR estimate$923
2BR estimate$1,215
Median income$113,750
Median home value$523,000
ACS context
Quick Facts
Population
483
Median age
45.9
Bachelor's degree+
55.4%
Poverty rate
10.4%
Labor force participation
53.4%
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
Latest available
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
+1.9%
GDP CAGR
+7.1%
Federal flow
5 years
Population (5 years)
2020440
2021427
2022467
2023484
2024483
GDP (5 years)
2020$12.1B
2021$13.6B
2022$15.9B
2023$16.4B
2024$17.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024483
2025503 *
2026517 *
R² = 77.4% · * projected
GDP forecast
2024$17.1B
2025$18.8B *
2026$20.1B *
R² = 93.7% · * 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$113,750/yr
Median rent$1,125/mo
Rent share of income11.9%
Est. mortgage (30yr, 6.5%)$31,735/yr
Mortgage share of income27.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.7%
State avg4.1%
U.S. avg5.2%
Labor force participation53.4%
Poverty rate10.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$523,000
Median monthly rent$1,125
Price-to-rent ratio38.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score82/100
Economic growth67/100
Labor market86/100
Population momentum100/100
Overall stability83/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.