GDP / Output
+5.9% YoY
80
$21.0B
Output changed +5.9% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.4%
Unemployment is 0.4% for Latest available.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
+4.9% 5-year
79
2,665
Population moved +4.9% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
74
18.5%
Median rent consumes 18.5% 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
$8.7K per resident
100
$2.0B
$2.0B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.0B
$8.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.4B
2. Department of Veterans Affairs$216.2M
3. Department of Defense$155.9M
Top recipients
Dollars1. NORFOLK DREDGING COMPANY$64.5M
2. WEEKS MARINE, INC.$38.4M
3. UNIVERSITY OF NORTH CAROLINA AT WILMINGTON$29.4M
Affordable
Housing Affordability
18.5%
of median income
1BR estimate$1,916
2BR estimate$2,523
Median income$151,563
Median home value$1,168,700
ACS context
Quick Facts
Population
2,665
Median age
58.0
Bachelor's degree+
72.5%
Poverty rate
4.0%
Labor force participation
57.4%
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
+1.0%
GDP CAGR
+7.7%
Federal flow
5 years
Population (5 years)
20202,541
20212,593
20222,848
20232,679
20242,665
GDP (5 years)
2020$14.6B
2021$16.4B
2022$18.0B
2023$19.9B
2024$21.0B
2-year linear forecast
Predictive Outlook
Population forecast
20242,665
20252,765 *
20262,799 *
R² = 20.6% · * projected
GDP forecast
2024$21.0B
2025$22.9B *
2026$24.6B *
R² = 99.5% · * 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$151,563/yr
Median rent$2,336/mo
Rent share of income18.5%
Est. mortgage (30yr, 6.5%)$70,915/yr
Mortgage share of income46.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.4%
State avg3.7%
U.S. avg4.3%
Labor force participation57.4%
Poverty rate4.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$1,168,700
Median monthly rent$2,336
Price-to-rent ratio41.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score86/100
Economic growth80/100
Labor market100/100
Population momentum79/100
Overall stability86/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.