GDP / Output
+6.9% YoY
87
$9.8B
Output changed +6.9% in 2024.
Vintage date unknown
State growth5.3%
U.S. growth5.3%
Jobs
Unemployment rate
83
2.9%
Unemployment is 2.9% for Latest available.
Vintage date unknown
State avg3.9%
U.S. avg5.2%
Population
+3.2% 5-year
69
18,411
Population moved +3.2% over the latest ACS window.
Vintage date unknown
State population1,101,801
U.S. population334,922,499
Housing
Rent share of income
78
15.9%
Median rent consumes 15.9% 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
$1.3B
$1.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$15.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.3B
$10.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$929.8M
2. Department of Veterans Affairs$65.7M
3. Department of Commerce$48.7M
Top recipients
Dollars1. UNIVERSITY OF RHODE ISLAND$96.7M
2. EDESIA, INC.$36.8M
3. RHODE ISLAND DOT$32.1M
Affordable
Housing Affordability
15.9%
of median income
1BR estimate$1,033
2BR estimate$1,361
Median income$95,207
Median home value$448,800
ACS context
Quick Facts
Population
18,411
Median age
50.4
Bachelor's degree+
43.3%
Poverty rate
5.7%
Labor force participation
63.3%
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
+0.6%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
202017,842
202118,241
202218,272
202318,528
202418,411
GDP (5 years)
2020$7.3B
2021$8.0B
2022$8.5B
2023$9.1B
2024$9.8B
2-year linear forecast
Predictive Outlook
Population forecast
202418,411
202518,686 *
202618,829 *
R² = 75.3% · * projected
GDP forecast
2024$9.8B
2025$10.4B *
2026$11.0B *
R² = 99.8% · * 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$95,207/yr
Median rent$1,260/mo
Rent share of income15.9%
Est. mortgage (30yr, 6.5%)$27,233/yr
Mortgage share of income28.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.9%
State avg3.9%
U.S. avg5.2%
Labor force participation63.3%
Poverty rate5.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$448,800
Median monthly rent$1,260
Price-to-rent ratio29.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score81/100
Economic growth87/100
Labor market83/100
Population momentum69/100
Overall stability82/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.