GDP / Output
+8.7% YoY
100
$53.3B
Output changed +8.7% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
74
3.2%
Unemployment is 3.2% for April 2026.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
+4.6% 5-year
78
332,353
Population moved +4.6% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
69
22.0%
Median rent consumes 22.0% 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
$18.9K per resident
100
$6.1B
$6.1B 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
$6.1B
$18.9K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$3.2B
2. Social Security Administration$1.4B
3. Agency for International Development$304.4M
Top recipients
Dollars1. DUKE UNIVERSITY$578.5M
2. RESEARCH TRIANGLE INSTITUTE$538.5M
3. FAMILY HEALTH INTERNATIONAL$283.6M
Affordable
Housing Affordability
22.0%
of median income
1BR estimate$1,237
2BR estimate$1,629
Median income$82,316
Median home value$389,400
ACS context
Quick Facts
Population
332,353
Median age
36.1
Bachelor's degree+
55.2%
Poverty rate
11.5%
Labor force participation
67.7%
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
+0.9%
GDP CAGR
+7.0%
Federal flow
5 years
Population (5 years)
2020317,665
2021320,146
2022325,101
2023329,405
2024332,353
GDP (5 years)
2020$37.9B
2021$41.6B
2022$45.1B
2023$49.0B
2024$53.3B
2-year linear forecast
Predictive Outlook
Population forecast
2024332,353
2025336,525 *
2026340,388 *
R² = 99.0% · * projected
GDP forecast
2024$53.3B
2025$56.8B *
2026$60.6B *
R² = 99.9% · * 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$82,316/yr
Median rent$1,508/mo
Rent share of income22.0%
Est. mortgage (30yr, 6.5%)$23,628/yr
Mortgage share of income28.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.2%
State avg3.7%
U.S. avg4.3%
Labor force participation67.7%
Poverty rate11.5%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$389,400
Median monthly rent$1,508
Price-to-rent ratio21.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score84/100
Economic growth100/100
Labor market74/100
Population momentum78/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.