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EconPulse

Local economy signal dashboard

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PLACEThriving

Beckley, WV

Thriving overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score73out of 100
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89
59
71
68
100

Population

16,818

Data freshness

Unknown

GDP / Output

+7.1% YoY

89

$4.5B

Output changed +7.1% in 2024.

Vintage date unknown

State growth4.9%
U.S. growth5.3%

Jobs

Unemployment rate

59

4.5%

Unemployment is 4.5% for June 2026.

Vintage date unknown

State avg4.2%
U.S. avg5.2%

Population

+3.6% 5-year

71

16,818

Population moved +3.6% over the latest ACS window.

Vintage date unknown

State population1,778,373
U.S. population334,922,499

Housing

Rent share of income

68

22.8%

Median rent consumes 22.8% of median household income: Affordable.

Vintage date unknown

State rent$872
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$9.2K per resident

100

$682.8M

$682.8M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$23.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$682.8M

$9.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$495.3M
2. Department of Veterans Affairs$99.7M
3. Department of Transportation$26.9M

Top recipients

Dollars
1. WVDOT DIVISION OF HIGHWAYS$23.4M
2. RALEIGH COUNTY HOUSING AUTHORITY$12.3M
3. RALEIGH COUNTY COMMUNITY ACTION ASSOCIATION INC$5.5M

Affordable

Housing Affordability

22.8%

of median income

1BR estimate$713
2BR estimate$939
Median income$45,826
Median home value$158,000

ACS context

Quick Facts

Population

16,818

Median age

42.3

Bachelor's degree+

29.2%

Poverty rate

28.9%

Labor force participation

50.4%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

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

+0.7%

GDP CAGR

+7.7%

Federal flow

5 years

Population (5 years)
202016,240
202117,261
202217,132
202316,977
202416,818
GDP (5 years)
2020$3.1B
2021$3.5B
2022$3.9B
2023$4.2B
2024$4.5B

2-year linear forecast

Predictive Outlook

Population forecast

202416,818
202517,147 *
202617,234 *

R² = 12.0% · * projected

GDP forecast

2024$4.5B
2025$4.9B *
2026$5.3B *

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$45,826/yr
Median rent$869/mo
Rent share of income22.8%
Est. mortgage (30yr, 6.5%)$9,587/yr
Mortgage share of income20.9%

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 avg4.2%
U.S. avg5.2%
Labor force participation50.4%
Poverty rate28.9%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$158,000
Median monthly rent$869
Price-to-rent ratio15.2x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score74/100
Economic growth89/100
Labor market59/100
Population momentum71/100
Overall stability73/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Beckley city, West Virginia

City/Town

Part of

Beckley, WV

Nearby locations

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