GDP / Output
+17.5% YoY
100
$1.2B
Output changed +17.5% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
80
3.1%
Unemployment is 3.1% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+48.9% 5-year
100
414
Population moved +48.9% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
75
17.8%
Median rent consumes 17.8% 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
$8.0K per resident
99
$127.5M
$127.5M 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
$127.5M
$8.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$99.5M
2. Department of Veterans Affairs$10.7M
3. Department of Education$7.1M
Top recipients
Dollars1. SOUTHSIDE VIRGINIA COMMUNITY COLLEGE$7.1M
2. REDACTED DUE TO PII$4.0M
3. VIRGINIA DEPARTMENT OF TRANSPORTATION$3.6M
Affordable
Housing Affordability
17.8%
of median income
1BR estimate$1,003
2BR estimate$1,321
Median income$82,396
Median home value$127,500
ACS context
Quick Facts
Population
414
Median age
34.5
Bachelor's degree+
8.2%
Poverty rate
2.4%
Labor force participation
78.8%
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
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
+8.3%
GDP CAGR
+5.3%
Federal flow
5 years
Population (5 years)
2020278
2021295
2022365
2023350
2024414
GDP (5 years)
2020$926.8M
2021$967.3M
2022$1.1B
2023$1.0B
2024$1.2B
2-year linear forecast
Predictive Outlook
Population forecast
2024414
2025439 *
2026471 *
R² = 88.6% · * projected
GDP forecast
2024$1.2B
2025$1.2B *
2026$1.3B *
R² = 80.7% · * 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$82,396/yr
Median rent$1,223/mo
Rent share of income17.8%
Est. mortgage (30yr, 6.5%)$7,737/yr
Mortgage share of income9.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.1%
State avg4.3%
U.S. avg5.2%
Labor force participation78.8%
Poverty rate2.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$127,500
Median monthly rent$1,223
Price-to-rent ratio8.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score92/100
Economic growth100/100
Labor market80/100
Population momentum100/100
Overall stability88/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.