GDP / Output
+6.2% YoY
82
$190.8B
Output changed +6.2% in 2024.
Vintage date unknown
State growth5.5%
U.S. growth5.3%
Jobs
Unemployment rate
27
6.3%
Unemployment is 6.3% for Latest available.
Vintage date unknown
State avg5.2%
U.S. avg4.2%
Population
-2.0% 5-year
38
785,121
Population moved -2.0% over the latest ACS window.
Vintage date unknown
State population7,044,056
U.S. population334,922,499
Housing
Rent share of income
63
26.7%
Median rent consumes 26.7% of median household income: Affordable.
Vintage date unknown
State rent$1.8K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$15.7K per resident
100
$12.5B
$12.5B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$103.3B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$12.5B
$15.7K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$5.0B
2. Social Security Administration$2.4B
3. Department of Housing and Urban Development$2.1B
Top recipients
Dollars1. NOBLE SUPPLY & LOGISTICS, LLC$794.7M
2. BOSTON HOUSING AUTHORITY$629.4M
3. EXECUTIVE OFFICE OF HOUSING AND LIVABLE COMMUNITIES$615.2M
Affordable
Housing Affordability
26.7%
of median income
1BR estimate$1,746
2BR estimate$2,299
Median income$95,631
Median home value$705,800
ACS context
Quick Facts
Population
785,121
Median age
33.9
Bachelor's degree+
50.6%
Poverty rate
16.2%
Labor force participation
69.8%
Prime rate
7.0%
CPI YoY
Unavailable
U.S. GDP YoY
+6.3%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-10-26
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
+5.4%
Federal flow
5 years
Population (5 years)
2020801,162
2021792,647
2022785,443
2023782,172
2024785,121
GDP (5 years)
2020$146.7B
2021$159.7B
2022$171.4B
2023$179.7B
2024$190.8B
2-year linear forecast
Predictive Outlook
Population forecast
2024785,121
2025776,542 *
2026772,286 *
R² = 77.0% · * projected
GDP forecast
2024$190.8B
2025$202.1B *
2026$212.9B *
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$95,631/yr
Median rent$2,129/mo
Rent share of income26.7%
Est. mortgage (30yr, 6.5%)$42,827/yr
Mortgage share of income44.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.3%
State avg5.2%
U.S. avg4.2%
Labor force participation69.8%
Poverty rate16.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$705,800
Median monthly rent$2,129
Price-to-rent ratio27.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score53/100
Economic growth82/100
Labor market27/100
Population momentum38/100
Overall stability56/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.