GDP / Output
+7.9% YoY
94
$477.2B
Output changed +7.9% in 2024.
Vintage date unknown
State growth6.8%
U.S. growth5.3%
Jobs
Unemployment rate
39
5.8%
Unemployment is 5.8% for Latest available.
Vintage date unknown
State avg5.1%
U.S. avg5.2%
Population
-0.3% 5-year
48
23,047
Population moved -0.3% over the latest ACS window.
Vintage date unknown
State population7,816,116
U.S. population334,922,499
Housing
Rent share of income
77
16.5%
Median rent consumes 16.5% of median household income: Affordable.
Vintage date unknown
State rent$1.8K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State totalUnavailable
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
16.5%
of median income
1BR estimate$2,096
2BR estimate$2,760
Median income$185,369
Median home value$1,218,500
ACS context
Quick Facts
Population
23,047
Median age
43.9
Bachelor's degree+
71.7%
Poverty rate
5.7%
Labor force participation
57.6%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
HUD Fair Market Rent
Latest available
Data notes
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-0.1%
GDP CAGR
+7.0%
Federal flow
N/A
Population (5 years)
202023,114
202123,060
202223,173
202323,272
202423,047
GDP (5 years)
2020$340.7B
2021$377.5B
2022$404.8B
2023$442.1B
2024$477.2B
2-year linear forecast
Predictive Outlook
Population forecast
202423,047
202523,157 *
202623,164 *
R² = 1.8% · * projected
GDP forecast
2024$477.2B
2025$509.7B *
2026$543.5B *
R² = 99.8% · * 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$185,369/yr
Median rent$2,556/mo
Rent share of income16.5%
Est. mortgage (30yr, 6.5%)$73,937/yr
Mortgage share of income39.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.8%
State avg5.1%
U.S. avg5.2%
Labor force participation57.6%
Poverty rate5.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$1,218,500
Median monthly rent$2,556
Price-to-rent ratio39.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score63/100
Economic growth94/100
Labor market39/100
Population momentum48/100
Overall stability63/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.