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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Cherry Hill, VA

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

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Overall score64out of 100
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NA
26
100
74
100

Population

26,044

Data freshness

Unknown

GDP / Output

Unavailable YoY

NA

Unavailable

Local GDP is unavailable for this geography.

Vintage date unknown

State growth5.4%
U.S. growth5.3%

Jobs

Unemployment rate

26

6.7%

Unemployment is 6.7% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

+28.0% 5-year

100

26,044

Population moved +28.0% over the latest ACS window.

Vintage date unknown

State population8,705,170
U.S. population334,922,499

Housing

Rent share of income

74

18.9%

Median rent consumes 18.9% 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

$11.4K per resident

100

$5.5B

$5.5B 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

Industry GDP mix is unavailable for this geography.

FY2025

Federal Money

Federal obligations

$5.5B

$11.4K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Defense$2.6B
2. Social Security Administration$1.5B
3. Department of Veterans Affairs$740.0M

Top recipients

Dollars
1. LOCKHEED MARTIN CORPORATION$658.8M
2. PERATON RISK DECISION INC.$271.9M
3. CACI, INC. - FEDERAL$231.4M

Affordable

Housing Affordability

18.9%

of median income

1BR estimate$1,583
2BR estimate$2,085
Median income$122,447
Median home value$492,500

ACS context

Quick Facts

Population

26,044

Median age

33.0

Bachelor's degree+

43.7%

Poverty rate

8.6%

Labor force participation

81.8%

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

2026-07-31

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

+5.1%

GDP CAGR

Unavailable

Federal flow

5 years

Population (5 years)
202020,344
202122,118
202222,505
202323,443
202426,044

2-year linear forecast

Predictive Outlook

Population forecast

202426,044
202526,708 *
202627,981 *

R² = 92.6% · * 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$122,447/yr
Median rent$1,931/mo
Rent share of income18.9%
Est. mortgage (30yr, 6.5%)$29,884/yr
Mortgage share of income24.4%

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

employment snapshot

Job Market

Unemployment rate6.7%
State avg4.3%
U.S. avg5.2%
Labor force participation81.8%
Poverty rate8.6%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$492,500
Median monthly rent$1,931
Price-to-rent ratio21.3x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score61/100
Economic growthN/A
Labor market26/100
Population momentum100/100
Overall stability64/100

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

Location Context

Cherry Hill CDP, Virginia

City/Town

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

Dumfries, VATriangle, VALeesylvania, VAQuantico, VAQuantico Base, VA