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
74
3.2%
Unemployment is 3.2% for Latest available.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
+7.4% 5-year
95
7,111
Population moved +7.4% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
81
13.9%
Median rent consumes 13.9% 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
13.9%
of median income
1BR estimate$783
2BR estimate$1,031
Median income$82,664
Median home value$216,600
ACS context
Quick Facts
Population
7,111
Median age
42.0
Bachelor's degree+
20.1%
Poverty rate
11.6%
Labor force participation
63.3%
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
+1.4%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
20206,619
20216,981
20227,012
20237,066
20247,111
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
20247,111
20257,279 *
20267,385 *
R² = 74.5% · * 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$82,664/yr
Median rent$955/mo
Rent share of income13.9%
Est. mortgage (30yr, 6.5%)$13,143/yr
Mortgage share of income15.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.2%
State avg3.7%
U.S. avg4.3%
Labor force participation63.3%
Poverty rate11.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$216,600
Median monthly rent$955
Price-to-rent ratio18.9x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score89/100
Economic growth100/100
Labor market74/100
Population momentum95/100
Overall stability86/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.