GDP / Output
+6.9% YoY
87
$3.9B
Output changed +6.9% in 2024.
Vintage date unknown
State growth5.6%
U.S. growth5.3%
Jobs
Unemployment rate
83
2.9%
Unemployment is 2.9% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+19.4% 5-year
100
14,631
Population moved +19.4% over the latest ACS window.
Vintage date unknown
State population7,066,383
U.S. population334,922,499
Housing
Rent share of income
73
19.0%
Median rent consumes 19.0% 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
$6.6K per resident
88
$480.7M
$480.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$121.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$480.7M
$6.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$377.0M
2. Department of Veterans Affairs$77.5M
3. Department of Transportation$8.9M
Top recipients
Dollars1. TENNESSEE DEPARTMENT OF TRANSPORTATION$8.9M
2. REDACTED DUE TO PII$8.6M
3. SPRINGFIELD HOUSING AUTHORITY$3.4M
Affordable
Housing Affordability
19.0%
of median income
1BR estimate$1,169
2BR estimate$1,540
Median income$90,019
Median home value$344,800
ACS context
Quick Facts
Population
14,631
Median age
34.8
Bachelor's degree+
26.7%
Poverty rate
7.0%
Labor force participation
72.9%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
+3.6%
GDP CAGR
+8.0%
Federal flow
5 years
Population (5 years)
202012,258
202112,820
202213,305
202313,875
202414,631
GDP (5 years)
2020$2.6B
2021$2.9B
2022$3.3B
2023$3.6B
2024$3.9B
2-year linear forecast
Predictive Outlook
Population forecast
202414,631
202515,118 *
202615,698 *
R² = 99.3% · * projected
GDP forecast
2024$3.9B
2025$4.2B *
2026$4.5B *
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$90,019/yr
Median rent$1,426/mo
Rent share of income19.0%
Est. mortgage (30yr, 6.5%)$20,922/yr
Mortgage share of income23.2%
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 avg4.7%
U.S. avg5.2%
Labor force participation72.9%
Poverty rate7.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$344,800
Median monthly rent$1,426
Price-to-rent ratio20.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score88/100
Economic growth87/100
Labor market83/100
Population momentum100/100
Overall stability84/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.