GDP / Output
+6.8% YoY
87
$42.5B
Output changed +6.8% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
65
3.7%
Unemployment is 3.7% for Latest available.
Vintage date unknown
State avg4.4%
U.S. avg4.1%
Population
-0.4% 5-year
48
3,687
Population moved -0.4% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
61
27.6%
Median rent consumes 27.6% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$11.4K per resident
100
$5.4B
$5.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$5.4B
$11.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Defense$1.6B
3. Department of Transportation$563.8M
Top recipients
Dollars1. LOCKHEED MARTIN CORPORATION$1.1B
2. DEPARTMENT OF TRANSPORTATION NEW YORK$527.6M
3. SRC INC$149.8M
Affordable
Housing Affordability
27.6%
of median income
1BR estimate$1,014
2BR estimate$1,336
Median income$53,836
Median home value$153,500
ACS context
Quick Facts
Population
3,687
Median age
37.2
Bachelor's degree+
37.7%
Poverty rate
7.2%
Labor force participation
67.8%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
-0.1%
GDP CAGR
+4.9%
Federal flow
5 years
Population (5 years)
20203,701
20213,883
20223,747
20233,518
20243,687
GDP (5 years)
2020$33.5B
2021$35.7B
2022$38.0B
2023$39.8B
2024$42.5B
2-year linear forecast
Predictive Outlook
Population forecast
20243,687
20253,589 *
20263,550 *
R² = 22.5% · * projected
GDP forecast
2024$42.5B
2025$44.5B *
2026$46.7B *
R² = 99.7% · * 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$53,836/yr
Median rent$1,237/mo
Rent share of income27.6%
Est. mortgage (30yr, 6.5%)$9,314/yr
Mortgage share of income17.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.7%
State avg4.4%
U.S. avg4.1%
Labor force participation67.8%
Poverty rate7.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$153,500
Median monthly rent$1,237
Price-to-rent ratio10.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth87/100
Labor market65/100
Population momentum48/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.