GDP / Output
+5.1% YoY
75
$193.6B
Output changed +5.1% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
68
3.6%
Unemployment is 3.6% for April 2026.
Vintage date unknown
State avg4.5%
U.S. avg4.3%
Population
+1.1% 5-year
57
1,269,496
Population moved +1.1% over the latest ACS window.
Vintage date unknown
State population5,739,445
U.S. population334,922,499
Housing
Rent share of income
74
18.3%
Median rent consumes 18.3% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$146.7K per resident
100
$188.0B
$188.0B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$242.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$188.0B
$146.7K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$179.2B
2. Social Security Administration$5.8B
3. Department of Defense$980.1M
Top recipients
Dollars1. NORTHROP GRUMMAN SYSTEMS CORPORATION$719.4M
2. REGENTS OF THE UNIVERSITY OF MINNESOTA$383.1M
3. MINNESOTA DEPARTMENT OF TRANSPORTATION$249.1M
Affordable
Housing Affordability
18.3%
of median income
1BR estimate$1,219
2BR estimate$1,606
Median income$97,653
Median home value$392,900
ACS context
Quick Facts
Population
1,269,496
Median age
37.6
Bachelor's degree+
54.1%
Poverty rate
10.0%
Labor force participation
71.2%
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
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+6.0%
Federal flow
5 years
Population (5 years)
20201,255,296
20211,270,283
20221,270,787
20231,268,903
20241,269,496
GDP (5 years)
2020$144.4B
2021$159.1B
2022$173.0B
2023$184.2B
2024$193.6B
2-year linear forecast
Predictive Outlook
Population forecast
20241,269,496
20251,275,059 *
20261,277,761 *
R² = 42.5% · * projected
GDP forecast
2024$193.6B
2025$207.9B *
2026$220.3B *
R² = 99.2% · * 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$97,653/yr
Median rent$1,487/mo
Rent share of income18.3%
Est. mortgage (30yr, 6.5%)$23,841/yr
Mortgage share of income24.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.6%
State avg4.5%
U.S. avg4.3%
Labor force participation71.2%
Poverty rate10.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$392,900
Median monthly rent$1,487
Price-to-rent ratio22.0x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth75/100
Labor market68/100
Population momentum57/100
Overall stability72/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.