GDP / Output
+4.8% YoY
72
$8.5B
Output changed +4.8% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
45
5.1%
Unemployment is 5.1% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
-31.1% 5-year
0
1,079
Population moved -31.1% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
71
20.9%
Median rent consumes 20.9% of median household income: Affordable.
Vintage date unknown
State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.8K per resident
89
$1.0B
$1.0B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$96.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.0B
$6.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$753.8M
2. Department of Veterans Affairs$77.7M
3. Department of Defense$71.5M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$32.5M
2. SEASHORE FRUIT & PRODUCE CO., INC.$30.1M
3. TRI-COUNTY COMMUNITY ACTION AGENCY, INC.$27.6M
Affordable
Housing Affordability
20.9%
of median income
1BR estimate$1,041
2BR estimate$1,371
Median income$72,813
Median home value$217,800
ACS context
Quick Facts
Population
1,079
Median age
46.4
Bachelor's degree+
27.8%
Poverty rate
13.3%
Labor force participation
62.9%
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
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-7.2%
GDP CAGR
+5.0%
Federal flow
5 years
Population (5 years)
20201,566
20211,530
20221,560
20231,521
20241,079
GDP (5 years)
2020$6.7B
2021$7.3B
2022$7.7B
2023$8.1B
2024$8.5B
2-year linear forecast
Predictive Outlook
Population forecast
20241,079
20251,156 *
20261,058 *
R² = 55.3% · * projected
GDP forecast
2024$8.5B
2025$9.0B *
2026$9.5B *
R² = 98.7% · * 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$72,813/yr
Median rent$1,269/mo
Rent share of income20.9%
Est. mortgage (30yr, 6.5%)$13,216/yr
Mortgage share of income18.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.1%
State avg6.3%
U.S. avg4.3%
Labor force participation62.9%
Poverty rate13.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$217,800
Median monthly rent$1,269
Price-to-rent ratio14.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score47/100
Economic growth72/100
Labor market45/100
Population momentum0/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.