GDP / Output
+4.4% YoY
70
$56.8B
Output changed +4.4% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
65
4.1%
Unemployment is 4.1% for April 2026.
Vintage date unknown
State avg6.3%
U.S. avg5.2%
Population
+16.1% 5-year
100
8,382
Population moved +16.1% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
71
20.9%
Median rent consumes 20.9% of median household income: Affordable.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$13.4K per resident
100
$5.2B
$5.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$5.2B
$13.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.8B
2. Department of Education$1.2B
3. Department of Housing and Urban Development$549.6M
Top recipients
Dollars1. EDUCATION, NEW JERSEY DEPARTMENT OF$1.1B
2. LAW & PUBLIC SAFETY, NEW JERSEY DEPARTMENT OF$494.6M
3. COMMUNITY AFFAIRS, NEW JERSEY DEPT OF$444.2M
Affordable
Housing Affordability
20.9%
of median income
1BR estimate$1,437
2BR estimate$1,893
Median income$100,833
Median home value$301,400
ACS context
Quick Facts
Population
8,382
Median age
37.6
Bachelor's degree+
32.7%
Poverty rate
3.5%
Labor force participation
79.6%
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
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
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
+3.0%
GDP CAGR
+7.2%
Federal flow
5 years
Population (5 years)
20207,221
20218,049
20228,144
20238,315
20248,382
GDP (5 years)
2020$40.2B
2021$45.0B
2022$50.8B
2023$54.4B
2024$56.8B
2-year linear forecast
Predictive Outlook
Population forecast
20248,382
20258,799 *
20269,057 *
R² = 76.8% · * projected
GDP forecast
2024$56.8B
2025$62.2B *
2026$66.5B *
R² = 97.7% · * 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$100,833/yr
Median rent$1,753/mo
Rent share of income20.9%
Est. mortgage (30yr, 6.5%)$18,289/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 rate4.1%
State avg6.3%
U.S. avg5.2%
Labor force participation79.6%
Poverty rate3.5%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$301,400
Median monthly rent$1,753
Price-to-rent ratio14.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score76/100
Economic growth70/100
Labor market65/100
Population momentum100/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.