GDP / Output
+1.7% YoY
51
$1.7B
Output changed +1.7% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
80
2.8%
Unemployment is 2.8% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.3%
Population
+2.5% 5-year
65
1,167
Population moved +2.5% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
61
27.8%
Median rent consumes 27.8% 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
$9.4K per resident
100
$381.9M
$381.9M 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
$381.9M
$9.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$291.1M
2. Department of Veterans Affairs$34.0M
3. Department of Health and Human Services$14.4M
Top recipients
Dollars1. SOUTHWEST VIRGINIA COMMUNITY COLLEGE$11.0M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$7.4M
3. CLINCH VALLEY COMMUNITY ACTION, INC.$4.5M
Affordable
Housing Affordability
27.8%
of median income
1BR estimate$705
2BR estimate$929
Median income$37,170
Median home value$111,800
ACS context
Quick Facts
Population
1,167
Median age
51.4
Bachelor's degree+
14.6%
Poverty rate
17.4%
Labor force participation
41.1%
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
+7.2%
Federal flow
5 years
Population (5 years)
20201,138
20211,159
20221,210
20231,156
20241,167
GDP (5 years)
2020$1.2B
2021$1.3B
2022$1.5B
2023$1.7B
2024$1.7B
2-year linear forecast
Predictive Outlook
Population forecast
20241,167
20251,183 *
20261,188 *
R² = 10.5% · * projected
GDP forecast
2024$1.7B
2025$1.9B *
2026$2.1B *
R² = 93.7% · * 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$37,170/yr
Median rent$860/mo
Rent share of income27.8%
Est. mortgage (30yr, 6.5%)$6,784/yr
Mortgage share of income18.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.8%
State avg4.3%
U.S. avg4.3%
Labor force participation41.1%
Poverty rate17.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$111,800
Median monthly rent$860
Price-to-rent ratio10.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score66/100
Economic growth51/100
Labor market80/100
Population momentum65/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.