GDP / Output
+7.6% YoY
92
$13.1B
Output changed +7.6% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
70
3.4%
Unemployment is 3.4% for July 2026.
Vintage date unknown
State avg3.6%
U.S. avg4.1%
Population
-2.1% 5-year
37
9,090
Population moved -2.1% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
59
29.0%
Median rent consumes 29.0% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$5.6K per resident
79
$1.3B
$1.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.3B
$5.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.1B
2. Department of Veterans Affairs$133.7M
3. Department of Defense$77.9M
Top recipients
Dollars1. TMSAB LLC$41.6M
2. SCOTT TECHNOLOGIES, INC.$28.1M
3. TRANSPORTATION NORTH CAROLINA DEPARTMENT$18.8M
Affordable
Housing Affordability
29.0%
of median income
1BR estimate$2,617
2BR estimate$3,446
Median income$132,188
Median home value$535,500
ACS context
Quick Facts
Population
9,090
Median age
41.7
Bachelor's degree+
47.7%
Poverty rate
4.5%
Labor force participation
67.2%
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
July 2026
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
-0.4%
GDP CAGR
+9.6%
Federal flow
5 years
Population (5 years)
20209,287
20218,661
20228,763
20238,923
20249,090
GDP (5 years)
2020$8.3B
2021$9.4B
2022$11.1B
2023$12.2B
2024$13.1B
2-year linear forecast
Predictive Outlook
Population forecast
20249,090
20258,905 *
20268,892 *
R² = 0.7% · * projected
GDP forecast
2024$13.1B
2025$14.6B *
2026$15.8B *
R² = 98.9% · * 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$132,188/yr
Median rent$3,191/mo
Rent share of income29.0%
Est. mortgage (30yr, 6.5%)$32,493/yr
Mortgage share of income24.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.4%
State avg3.6%
U.S. avg4.1%
Labor force participation67.2%
Poverty rate4.5%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$535,500
Median monthly rent$3,191
Price-to-rent ratio14.0x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score70/100
Economic growth92/100
Labor market70/100
Population momentum37/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.