Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Big Chimney, WV

Stable overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as unavailable for a median-income household.

Post on XLinkedIn
Overall score53out of 100
Compare
74
0
100
NA
100

Population

610

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$14.4B

Output changed +5.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

13.3%

Unemployment is 13.3% for Latest available.

Vintage date unknown

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

Population

+26.0% 5-year

100

610

Population moved +26.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

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

$11.5K per resident

100

$2.1B

$2.1B 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

$2.1B

$11.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.1B
2. Department of Education$305.9M
3. Department of Homeland Security$140.9M

Top recipients

Dollars
1. WEST VIRGINIA DEPARTMENT OF EDUCATION$249.1M
2. DIVISION OF EMERGENCY MANAGEMENT$125.4M
3. WEST VIRGINIA DEPT OF HUMAN SERVICES$48.9M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$43,403
Median home valueUnavailable

ACS context

Quick Facts

Population

610

Median age

59.3

Bachelor's degree+

12.8%

Poverty rate

32.1%

Labor force participation

33.4%

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

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

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

+4.7%

GDP CAGR

+5.7%

Federal flow

5 years

Population (5 years)
2020484
2021446
2022412
2023497
2024610
GDP (5 years)
2020$10.9B
2021$11.9B
2022$12.9B
2023$13.8B
2024$14.4B

2-year linear forecast

Predictive Outlook

Population forecast

2024610
2025581 *
2026611 *

R² = 40.8% · * projected

GDP forecast

2024$14.4B
2025$15.4B *
2026$16.3B *

R² = 99.6% · * 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$43,403/yr

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate13.3%
State avg4.2%
U.S. avg5.2%
Labor force participation33.4%
Poverty rate32.1%

Data from BLS LAUS / CPS. Latest available.

valuation indicators

Real Estate

Home value and rent data unavailable for this geography.

composite score

Investment Climate

Investment climateModerate
Composite score55/100
Economic growth74/100
Labor market0/100
Population momentum100/100
Overall stability53/100

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

Location Context

Big Chimney CDP, West Virginia

City/Town

Part of

Charleston, WV

Nearby locations

Pinch, WVElkview, WVCoal Fork, WVCharleston, WVMalden, WV