GDP / Output
+4.7% YoY
72
$19.1B
Output changed +4.7% in 2024.
Vintage date unknown
State growth4.8%
U.S. growth5.3%
Jobs
Unemployment rate
3
7.9%
Unemployment is 7.9% for Latest available.
Vintage date unknown
State avg6.3%
U.S. avg4.3%
Population
+2.1% 5-year
62
10,042
Population moved +2.1% over the latest ACS window.
Vintage date unknown
State population9,343,809
U.S. population334,922,499
Housing
Rent share of income
78
15.4%
Median rent consumes 15.4% 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
$2.1B
$2.1B 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
$2.1B
$6.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.7B
2. Department of Veterans Affairs$153.6M
3. Department of Education$56.6M
Top recipients
Dollars1. TRANSPORTATION, NEW JERSEY DEPT OF$54.5M
2. ROWAN UNIVERSITY$52.3M
3. HOUSING AUTHORITY OF GLOUCESTER COUNTY$24.5M
Affordable
Housing Affordability
15.4%
of median income
1BR estimate$812
2BR estimate$1,069
Median income$77,028
Median home value$222,700
ACS context
Quick Facts
Population
10,042
Median age
39.8
Bachelor's degree+
28.1%
Poverty rate
13.2%
Labor force participation
65.7%
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
+0.4%
GDP CAGR
+5.9%
Federal flow
5 years
Population (5 years)
20209,839
202110,067
20229,981
20239,992
202410,042
GDP (5 years)
2020$14.4B
2021$16.0B
2022$17.2B
2023$18.2B
2024$19.1B
2-year linear forecast
Predictive Outlook
Population forecast
202410,042
202510,084 *
202610,117 *
R² = 34.9% · * projected
GDP forecast
2024$19.1B
2025$20.5B *
2026$21.7B *
R² = 98.2% · * 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$77,028/yr
Median rent$990/mo
Rent share of income15.4%
Est. mortgage (30yr, 6.5%)$13,513/yr
Mortgage share of income17.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.9%
State avg6.3%
U.S. avg4.3%
Labor force participation65.7%
Poverty rate13.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$222,700
Median monthly rent$990
Price-to-rent ratio18.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score48/100
Economic growth72/100
Labor market3/100
Population momentum62/100
Overall stability53/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.