GDP / Output
+7.0% YoY
88
$24.0B
Output changed +7.0% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
69
3.8%
Unemployment is 3.8% for June 2026.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+1.3% 5-year
58
7,907
Population moved +1.3% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
63
26.6%
Median rent consumes 26.6% 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
$7.0K per resident
91
$2.6B
$2.6B 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
FY2025
Federal Money
Federal obligations
$2.6B
$7.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.9B
2. Department of Veterans Affairs$377.6M
3. Department of Defense$107.4M
Top recipients
Dollars1. EMERGENCY MGMT DEPARTMENT OF$54.1M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$46.8M
3. BENAKA, INC.$19.7M
Affordable
Housing Affordability
26.6%
of median income
1BR estimate$868
2BR estimate$1,144
Median income$47,781
Median home value$225,300
ACS context
Quick Facts
Population
7,907
Median age
33.3
Bachelor's degree+
14.0%
Poverty rate
21.0%
Labor force participation
60.8%
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
+0.3%
GDP CAGR
+7.1%
Federal flow
5 years
Population (5 years)
20207,808
20218,138
20227,783
20238,489
20247,907
GDP (5 years)
2020$17.0B
2021$18.8B
2022$20.7B
2023$22.4B
2024$24.0B
2-year linear forecast
Predictive Outlook
Population forecast
20247,907
20258,190 *
20268,245 *
R² = 8.7% · * projected
GDP forecast
2024$24.0B
2025$25.9B *
2026$27.6B *
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$47,781/yr
Median rent$1,059/mo
Rent share of income26.6%
Est. mortgage (30yr, 6.5%)$13,671/yr
Mortgage share of income28.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.8%
State avg4.3%
U.S. avg5.2%
Labor force participation60.8%
Poverty rate21.0%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$225,300
Median monthly rent$1,059
Price-to-rent ratio17.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth88/100
Labor market69/100
Population momentum58/100
Overall stability72/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.