GDP / Output
+10.2% YoY
100
$6.0B
Output changed +10.2% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
77
3.0%
Unemployment is 3.0% for Latest available.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
+31.4% 5-year
100
456
Population moved +31.4% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
82
13.0%
Median rent consumes 13.0% of median household income: Affordable.
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
$6.7K per resident
89
$965.9M
$965.9M 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
$965.9M
$6.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$821.1M
2. Department of Veterans Affairs$81.3M
3. Department of Transportation$20.8M
Top recipients
Dollars1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$20.8M
2. RANDOLPH ELECTRIC MEMBERSHIP CORP$12.7M
3. RANDOLPH COMMUNITY COLLEGE$6.8M
Affordable
Housing Affordability
13.0%
of median income
1BR estimate$713
2BR estimate$939
Median income$80,250
Median home value$132,500
ACS context
Quick Facts
Population
456
Median age
34.6
Bachelor's degree+
13.3%
Poverty rate
11.2%
Labor force participation
70.3%
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
+5.6%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
2020347
2021515
2022505
2023532
2024456
GDP (5 years)
2020$4.3B
2021$4.7B
2022$5.2B
2023$5.4B
2024$6.0B
2-year linear forecast
Predictive Outlook
Population forecast
2024456
2025542 *
2026565 *
R² = 24.6% · * projected
GDP forecast
2024$6.0B
2025$6.3B *
2026$6.7B *
R² = 99.1% · * 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$80,250/yr
Median rent$869/mo
Rent share of income13.0%
Est. mortgage (30yr, 6.5%)$8,040/yr
Mortgage share of income10.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.0%
State avg3.7%
U.S. avg4.3%
Labor force participation70.3%
Poverty rate11.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$132,500
Median monthly rent$869
Price-to-rent ratio12.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score91/100
Economic growth100/100
Labor market77/100
Population momentum100/100
Overall stability88/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.