GDP / Output
+7.6% YoY
92
$1.0T
Output changed +7.6% in 2024.
Vintage date unknown
State growth6.4%
U.S. growth5.3%
Jobs
Unemployment rate
54
4.5%
Unemployment is 4.5% for March 2026.
Vintage date unknown
State avg4.6%
U.S. avg4.3%
Population
+0.0% 5-year
50
1,629,477
Population moved +0.0% over the latest ACS window.
Vintage date unknown
State population19,852,366
U.S. population334,922,499
Housing
Rent share of income
64
25.4%
Median rent consumes 25.4% of median household income: Affordable.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$18.4K per resident
100
$31.2B
$31.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$262.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$31.2B
$18.4K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$12.6B
2. Department of Housing and Urban Development$6.9B
3. Social Security Administration$6.9B
Top recipients
Dollars1. NEW YORK CITY HOUSING AUTHORITY$4.6B
2. NATIONAL RAILROAD PASSENGER CORPORATION$1.3B
3. CITY UNIVERSITY OF NEW YORK, THE$1.3B
Affordable
Housing Affordability
25.4%
of median income
1BR estimate$1,802
2BR estimate$2,373
Median income$103,931
Median home value$1,090,500
ACS context
Quick Facts
Population
1,629,477
Median age
38.9
Bachelor's degree+
64.2%
Poverty rate
16.5%
Labor force participation
66.5%
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
+0.0%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
20201,629,153
20211,669,127
20221,645,867
20231,627,788
20241,629,477
GDP (5 years)
2020$774.9B
2021$852.0B
2022$903.8B
2023$935.7B
2024$1.0T
2-year linear forecast
Predictive Outlook
Population forecast
20241,629,477
20251,628,075 *
20261,624,006 *
R² = 13.1% · * projected
GDP forecast
2024$1.0T
2025$1.1T *
2026$1.1T *
R² = 98.3% · * 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$103,931/yr
Median rent$2,197/mo
Rent share of income25.4%
Est. mortgage (30yr, 6.5%)$66,170/yr
Mortgage share of income63.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.5%
State avg4.6%
U.S. avg4.3%
Labor force participation66.5%
Poverty rate16.5%
Data from BLS LAUS / CPS. March 2026.
valuation snapshot
Real Estate
Median home value$1,090,500
Median monthly rent$2,197
Price-to-rent ratio41.4x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score68/100
Economic growth92/100
Labor market54/100
Population momentum50/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.