GDP / Output
+10.2% YoY
100
$11.6B
Output changed +10.2% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.7%
Unemployment is 10.7% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
+2.0% 5-year
62
2,753
Population moved +2.0% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
73
19.5%
Median rent consumes 19.5% 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
$6.7K per resident
89
$1.5B
$1.5B 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
$1.5B
$6.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.0B
2. Department of Veterans Affairs$191.4M
3. Department of Health and Human Services$109.3M
Top recipients
Dollars1. NORTH CAROLINA DEPARTMENT OF HEALTH & HUMAN SERVICES$90.0M
2. TRANSPORTATION NORTH CAROLINA DEPARTMENT$36.0M
3. SYSCO RALEIGH, LLC$24.6M
Affordable
Housing Affordability
19.5%
of median income
1BR estimate$837
2BR estimate$1,103
Median income$62,813
Median home value$241,800
ACS context
Quick Facts
Population
2,753
Median age
29.0
Bachelor's degree+
16.7%
Poverty rate
31.9%
Labor force participation
68.5%
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
+0.4%
GDP CAGR
+8.2%
Federal flow
5 years
Population (5 years)
20202,698
20212,506
20222,581
20232,652
20242,753
GDP (5 years)
2020$7.8B
2021$8.4B
2022$9.7B
2023$10.5B
2024$11.6B
2-year linear forecast
Predictive Outlook
Population forecast
20242,753
20252,715 *
20262,740 *
R² = 17.4% · * projected
GDP forecast
2024$11.6B
2025$12.5B *
2026$13.4B *
R² = 99.3% · * 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$62,813/yr
Median rent$1,021/mo
Rent share of income19.5%
Est. mortgage (30yr, 6.5%)$14,672/yr
Mortgage share of income23.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.7%
State avg3.6%
U.S. avg5.2%
Labor force participation68.5%
Poverty rate31.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$241,800
Median monthly rent$1,021
Price-to-rent ratio19.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score56/100
Economic growth100/100
Labor market0/100
Population momentum62/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.