GDP / Output
Unavailable YoY
NA
Unavailable
Local GDP is unavailable for this geography.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
3
7.9%
Unemployment is 7.9% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.3%
Population
-2.8% 5-year
33
3,342
Population moved -2.8% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
70
21.3%
Median rent consumes 21.3% 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
$6.8K per resident
89
$378.1M
$378.1M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$214.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
Industry GDP mix is unavailable for this geography.
FY2025
Federal Money
Federal obligations
$378.1M
$6.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$332.8M
2. Department of Veterans Affairs$23.7M
3. Department of Defense$8.1M
Top recipients
Dollars1. FOSTER FUELS, INC.$5.2M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$3.2M
3. SONNY MERRYMAN, INC$2.5M
Affordable
Housing Affordability
21.3%
of median income
1BR estimate$746
2BR estimate$983
Median income$51,349
Median home value$142,900
ACS context
Quick Facts
Population
3,342
Median age
39.0
Bachelor's degree+
27.7%
Poverty rate
11.9%
Labor force participation
65.4%
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
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
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
-0.6%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20203,439
20213,396
20223,370
20233,356
20243,342
2-year linear forecast
Predictive Outlook
Population forecast
20243,342
20253,310 *
20263,287 *
R² = 93.5% · * 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$51,349/yr
Median rent$910/mo
Rent share of income21.3%
Est. mortgage (30yr, 6.5%)$8,671/yr
Mortgage share of income16.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.9%
State avg4.3%
U.S. avg4.3%
Labor force participation65.4%
Poverty rate11.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$142,900
Median monthly rent$910
Price-to-rent ratio13.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score25/100
Economic growthN/A
Labor market3/100
Population momentum33/100
Overall stability40/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.