GDP / Output
+8.4% YoY
98
$438.5B
Output changed +8.4% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
65
3.8%
Unemployment is 3.8% for March 2026.
Vintage date unknown
State avg5.3%
U.S. avg4.3%
Population
-1.2% 5-year
43
1,902,047
Population moved -1.2% over the latest ACS window.
Vintage date unknown
State population39,287,377
U.S. population334,922,499
Housing
Rent share of income
71
20.9%
Median rent consumes 20.9% of median household income: Affordable.
Vintage date unknown
State rent$2.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.0K per resident
91
$13.6B
$13.6B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$485.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$13.6B
$7.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$7.0B
2. Department of Defense$2.3B
3. Department of Health and Human Services$949.3M
Top recipients
Dollars1. THE LELAND STANFORD JUNIOR UNIVERSITY$1.4B
2. LOCKHEED MARTIN CORP$1.1B
3. PALANTIR USG INC$589.4M
Affordable
Housing Affordability
20.9%
of median income
1BR estimate$2,343
2BR estimate$3,086
Median income$164,281
Median home value$1,490,600
ACS context
Quick Facts
Population
1,902,047
Median age
38.1
Bachelor's degree+
56.5%
Poverty rate
7.1%
Labor force participation
67.4%
Prime rate
6.8%
CPI YoY
+3.7%
U.S. GDP YoY
+6.0%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
March 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-05-25
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
-0.2%
GDP CAGR
+5.1%
Federal flow
5 years
Population (5 years)
20201,924,379
20211,932,022
20221,916,831
20231,903,297
20241,902,047
GDP (5 years)
2020$341.2B
2021$386.0B
2022$384.2B
2023$404.5B
2024$438.5B
2-year linear forecast
Predictive Outlook
Population forecast
20241,902,047
20251,893,699 *
20261,886,360 *
R² = 78.8% · * projected
GDP forecast
2024$438.5B
2025$454.8B *
2026$476.1B *
R² = 91.0% · * 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$164,281/yr
Median rent$2,857/mo
Rent share of income20.9%
Est. mortgage (30yr, 6.5%)$90,447/yr
Mortgage share of income55.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.8%
State avg5.3%
U.S. avg4.3%
Labor force participation67.4%
Poverty rate7.1%
Data from BLS LAUS / CPS. March 2026.
valuation snapshot
Real Estate
Median home value$1,490,600
Median monthly rent$2,857
Price-to-rent ratio43.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score72/100
Economic growth98/100
Labor market65/100
Population momentum43/100
Overall stability72/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.