GDP / Output
+6.5% YoY
85
$7.3B
Output changed +6.5% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
92
2.0%
Unemployment is 2.0% for Latest available.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+51.0% 5-year
100
2,285
Population moved +51.0% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
86
10.1%
Median rent consumes 10.1% 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
$5.4K per resident
79
$769.6M
$769.6M 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
$769.6M
$5.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$644.4M
2. Department of Veterans Affairs$62.5M
3. Department of Transportation$25.9M
Top recipients
Dollars1. MINNESOTA DEPARTMENT OF TRANSPORTATION$25.6M
2. REDACTED DUE TO PII$11.5M
3. CARGILL KITCHEN SOLUTIONS, INC$4.3M
Affordable
Housing Affordability
10.1%
of median income
1BR estimate$772
2BR estimate$1,016
Median income$112,222
Median home value$323,100
ACS context
Quick Facts
Population
2,285
Median age
38.1
Bachelor's degree+
24.6%
Poverty rate
10.6%
Labor force participation
77.8%
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
2026-06-10
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
+8.6%
GDP CAGR
+6.2%
Federal flow
5 years
Population (5 years)
20201,513
20211,740
20221,803
20231,947
20242,285
GDP (5 years)
2020$5.4B
2021$6.0B
2022$6.5B
2023$6.9B
2024$7.3B
2-year linear forecast
Predictive Outlook
Population forecast
20242,285
20252,383 *
20262,558 *
R² = 94.0% · * projected
GDP forecast
2024$7.3B
2025$7.8B *
2026$8.3B *
R² = 99.5% · * 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$112,222/yr
Median rent$941/mo
Rent share of income10.1%
Est. mortgage (30yr, 6.5%)$19,605/yr
Mortgage share of income17.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.0%
State avg4.5%
U.S. avg4.3%
Labor force participation77.8%
Poverty rate10.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$323,100
Median monthly rent$941
Price-to-rent ratio28.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score91/100
Economic growth85/100
Labor market92/100
Population momentum100/100
Overall stability89/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.