GDP / Output
+6.3% YoY
83
$69.6B
Output changed +6.3% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
63
3.9%
Unemployment is 3.9% for May 2026.
Vintage date unknown
State avg5.2%
U.S. avg4.2%
Population
-1.0% 5-year
44
837,469
Population moved -1.0% over the latest ACS window.
Vintage date unknown
State population39,287,377
U.S. population334,922,499
Housing
Rent share of income
65
25.3%
Median rent consumes 25.3% 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
$7.1K per resident
92
$6.0B
$6.0B 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
$6.0B
$7.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$4.0B
2. Department of Defense$1.5B
3. Department of Veterans Affairs$426.1M
Top recipients
Dollars1. AEROVIRONMENT, INC$495.2M
2. NORTHROP GRUMMAN SYSTEMS CORPORATION$107.7M
3. CLARK CONSTRUCTION GROUP - CALIFORNIA, LP$107.0M
Affordable
Housing Affordability
25.3%
of median income
1BR estimate$1,900
2BR estimate$2,502
Median income$109,797
Median home value$822,700
ACS context
Quick Facts
Population
837,469
Median age
39.6
Bachelor's degree+
36.1%
Poverty rate
9.3%
Labor force participation
64.3%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.1%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
May 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-16
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
-0.2%
GDP CAGR
+5.2%
Federal flow
5 years
Population (5 years)
2020845,599
2021845,255
2022842,009
2023838,259
2024837,469
GDP (5 years)
2020$53.9B
2021$58.5B
2022$62.5B
2023$65.5B
2024$69.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024837,469
2025834,741 *
2026832,416 *
R² = 93.8% · * projected
GDP forecast
2024$69.6B
2025$73.5B *
2026$77.3B *
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$109,797/yr
Median rent$2,317/mo
Rent share of income25.3%
Est. mortgage (30yr, 6.5%)$49,920/yr
Mortgage share of income45.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.9%
State avg5.2%
U.S. avg4.2%
Labor force participation64.3%
Poverty rate9.3%
Data from BLS LAUS / CPS. May 2026.
valuation snapshot
Real Estate
Median home value$822,700
Median monthly rent$2,317
Price-to-rent ratio29.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score66/100
Economic growth83/100
Labor market63/100
Population momentum44/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.