GDP / Output
+4.4% YoY
70
$81.1B
Output changed +4.4% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
27
6.2%
Unemployment is 6.2% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
+1.6% 5-year
60
15,030
Population moved +1.6% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
76
17.2%
Median rent consumes 17.2% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$9.6K per resident
100
$9.1B
$9.1B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$9.1B
$9.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$5.3B
2. Department of Health and Human Services$2.3B
3. Department of Veterans Affairs$471.4M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION NEW YORK$149.9M
2. THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK$102.7M
3. MOOG MILITARY AIRCRAFT LLC$92.3M
Affordable
Housing Affordability
17.2%
of median income
1BR estimate$685
2BR estimate$902
Median income$58,326
Median home value$173,600
ACS context
Quick Facts
Population
15,030
Median age
43.5
Bachelor's degree+
28.5%
Poverty rate
13.8%
Labor force participation
61.2%
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
+0.3%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
202014,790
202115,132
202215,096
202315,044
202415,030
GDP (5 years)
2020$61.9B
2021$66.8B
2022$72.3B
2023$77.7B
2024$81.1B
2-year linear forecast
Predictive Outlook
Population forecast
202415,030
202515,136 *
202615,175 *
R² = 21.4% · * projected
GDP forecast
2024$81.1B
2025$86.8B *
2026$91.7B *
R² = 99.4% · * 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$58,326/yr
Median rent$835/mo
Rent share of income17.2%
Est. mortgage (30yr, 6.5%)$10,534/yr
Mortgage share of income18.1%
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 avg4.4%
U.S. avg4.1%
Labor force participation61.2%
Poverty rate13.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$173,600
Median monthly rent$835
Price-to-rent ratio17.3x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score55/100
Economic growth70/100
Labor market27/100
Population momentum60/100
Overall stability60/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.