GDP / Output
+5.0% YoY
74
$51.9B
Output changed +5.0% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
59
4.2%
Unemployment is 4.2% for April 2026.
Vintage date unknown
State avg4.8%
U.S. avg4.3%
Population
+4.3% 5-year
76
579,290
Population moved +4.3% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
72
20.1%
Median rent consumes 20.1% 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
$5.0K per resident
75
$2.9B
$2.9B 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
$2.9B
$5.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.3B
2. Department of Defense$132.8M
3. Department of Veterans Affairs$121.0M
Top recipients
Dollars1. FRANK M. GARGIULO & SON, INC.$76.4M
2. KEAN UNIVERSITY$45.7M
3. NOKIA OF AMERICA CORPORATION$45.0M
Affordable
Housing Affordability
20.1%
of median income
1BR estimate$1,419
2BR estimate$1,868
Median income$103,202
Median home value$529,200
ACS context
Quick Facts
Population
579,290
Median age
39.1
Bachelor's degree+
38.9%
Poverty rate
9.2%
Labor force participation
69.3%
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
April 2026
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
+0.9%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
2020555,208
2021571,963
2022572,079
2023572,549
2024579,290
GDP (5 years)
2020$38.8B
2021$41.4B
2022$46.2B
2023$49.5B
2024$51.9B
2-year linear forecast
Predictive Outlook
Population forecast
2024579,290
2025584,843 *
2026589,718 *
R² = 74.4% · * projected
GDP forecast
2024$51.9B
2025$55.8B *
2026$59.3B *
R² = 98.8% · * 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$103,202/yr
Median rent$1,730/mo
Rent share of income20.1%
Est. mortgage (30yr, 6.5%)$32,111/yr
Mortgage share of income31.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.2%
State avg4.8%
U.S. avg4.3%
Labor force participation69.3%
Poverty rate9.2%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$529,200
Median monthly rent$1,730
Price-to-rent ratio25.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth74/100
Labor market59/100
Population momentum76/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.