GDP / Output
+6.7% YoY
86
$56.3B
Output changed +6.7% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
63
3.9%
Unemployment is 3.9% for April 2026.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
-5.4% 5-year
18
12,838
Population moved -5.4% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
75
17.7%
Median rent consumes 17.7% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$10.1K per resident
100
$5.6B
$5.6B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$5.6B
$10.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.5B
2. Department of Health and Human Services$940.3M
3. Department of Education$674.6M
Top recipients
Dollars1. STATE OF MINNESOTA OF EMPLOYMENT & ECONOMIC DEVELOPMENT, THE$751.7M
2. MINNESOTA DEPARTMENT OF EDUCATION$507.7M
3. PUBLIC SAFETY, MINNESOTA DEPARTMENT OF$144.3M
Affordable
Housing Affordability
17.7%
of median income
1BR estimate$1,193
2BR estimate$1,571
Median income$98,685
Median home value$363,100
ACS context
Quick Facts
Population
12,838
Median age
39.6
Bachelor's degree+
45.9%
Poverty rate
3.9%
Labor force participation
69.4%
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
-1.1%
GDP CAGR
+5.0%
Federal flow
5 years
Population (5 years)
202013,565
202112,931
202212,864
202312,789
202412,838
GDP (5 years)
2020$44.0B
2021$46.1B
2022$49.8B
2023$52.7B
2024$56.3B
2-year linear forecast
Predictive Outlook
Population forecast
202412,838
202512,519 *
202612,359 *
R² = 61.6% · * projected
GDP forecast
2024$56.3B
2025$59.1B *
2026$62.2B *
R² = 99.3% · * 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$98,685/yr
Median rent$1,455/mo
Rent share of income17.7%
Est. mortgage (30yr, 6.5%)$22,032/yr
Mortgage share of income22.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.9%
State avg4.5%
U.S. avg4.3%
Labor force participation69.4%
Poverty rate3.9%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$363,100
Median monthly rent$1,455
Price-to-rent ratio20.8x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score62/100
Economic growth86/100
Labor market63/100
Population momentum18/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.