GDP / Output
+4.9% YoY
73
$611.6M
Output changed +4.9% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
35
5.8%
Unemployment is 5.8% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.3%
Population
+2.8% 5-year
67
891
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
74
18.6%
Median rent consumes 18.6% 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
$10.7K per resident
100
$158.4M
$158.4M 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
$158.4M
$10.7K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$101.5M
2. Department of Homeland Security$36.1M
3. Department of Veterans Affairs$14.7M
Top recipients
Dollars1. HARKINS BUILDERS, INC.$22.4M
2. LEIDOS, INC.$10.5M
3. VIRGINIA DEPARTMENT OF TRANSPORTATION$3.1M
Affordable
Housing Affordability
18.6%
of median income
1BR estimate$1,128
2BR estimate$1,485
Median income$88,616
Median home value$425,000
ACS context
Quick Facts
Population
891
Median age
44.4
Bachelor's degree+
23.0%
Poverty rate
2.8%
Labor force participation
69.0%
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
+0.5%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
2020867
2021814
2022956
2023981
2024891
GDP (5 years)
2020$462.4M
2021$512.9M
2022$540.5M
2023$583.1M
2024$611.6M
2-year linear forecast
Predictive Outlook
Population forecast
2024891
2025966 *
2026988 *
R² = 25.3% · * projected
GDP forecast
2024$611.6M
2025$652.7M *
2026$689.5M *
R² = 99.0% · * 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$88,616/yr
Median rent$1,375/mo
Rent share of income18.6%
Est. mortgage (30yr, 6.5%)$25,788/yr
Mortgage share of income29.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.8%
State avg4.3%
U.S. avg4.3%
Labor force participation69.0%
Poverty rate2.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$425,000
Median monthly rent$1,375
Price-to-rent ratio25.8x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score60/100
Economic growth73/100
Labor market35/100
Population momentum67/100
Overall stability64/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.