GDP / Output
+8.1% YoY
96
$1.6B
Output changed +8.1% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
100
1.5%
Unemployment is 1.5% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+5.1% 5-year
80
269
Population moved +5.1% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
60
28.6%
Median rent consumes 28.6% 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
$8.9K per resident
100
$271.2M
$271.2M 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
$271.2M
$8.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$229.2M
2. Department of Veterans Affairs$25.1M
3. Department of Transportation$7.8M
Top recipients
Dollars1. VIRGINIA DEPARTMENT OF TRANSPORTATION$6.8M
2. FEDSERV INC$2.8M
3. REDACTED DUE TO PII$1.5M
Affordable
Housing Affordability
28.6%
of median income
1BR estimate$1,040
2BR estimate$1,369
Median income$53,250
Median home value$159,100
ACS context
Quick Facts
Population
269
Median age
53.6
Bachelor's degree+
26.7%
Poverty rate
14.9%
Labor force participation
57.9%
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
+1.0%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
2020256
2021274
2022279
2023251
2024269
GDP (5 years)
2020$1.2B
2021$1.2B
2022$1.4B
2023$1.5B
2024$1.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024269
2025267 *
2026267 *
R² = 0.2% · * projected
GDP forecast
2024$1.6B
2025$1.7B *
2026$1.8B *
R² = 99.8% · * 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$53,250/yr
Median rent$1,268/mo
Rent share of income28.6%
Est. mortgage (30yr, 6.5%)$9,654/yr
Mortgage share of income18.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.5%
State avg4.3%
U.S. avg5.2%
Labor force participation57.9%
Poverty rate14.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$159,100
Median monthly rent$1,268
Price-to-rent ratio10.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score91/100
Economic growth96/100
Labor market100/100
Population momentum80/100
Overall stability86/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.