GDP / Output
+2.9% YoY
60
$1.3B
Output changed +2.9% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
100
1.7%
Unemployment is 1.7% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+7.3% 5-year
94
2,428
Population moved +7.3% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
74
18.7%
Median rent consumes 18.7% 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
$8.8K per resident
100
$263.7M
$263.7M 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
$263.7M
$8.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$197.6M
2. Department of Agriculture$18.0M
3. Department of Veterans Affairs$17.9M
Top recipients
Dollars1. SMYTH COUNTY BOARD OF SUPERVISORS$8.5M
2. MOUNT ROGERS COMMUNITY SERVICES$7.3M
3. DOT CONSTRUCTION, INC$6.4M
Affordable
Housing Affordability
18.7%
of median income
1BR estimate$658
2BR estimate$866
Median income$51,429
Median home value$153,600
ACS context
Quick Facts
Population
2,428
Median age
42.5
Bachelor's degree+
24.3%
Poverty rate
13.1%
Labor force participation
49.3%
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
+1.4%
GDP CAGR
+5.3%
Federal flow
5 years
Population (5 years)
20202,262
20212,060
20222,371
20232,462
20242,428
GDP (5 years)
2020$1.0B
2021$1.1B
2022$1.2B
2023$1.3B
2024$1.3B
2-year linear forecast
Predictive Outlook
Population forecast
20242,428
20252,537 *
20262,610 *
R² = 51.1% · * projected
GDP forecast
2024$1.3B
2025$1.4B *
2026$1.5B *
R² = 98.4% · * 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$51,429/yr
Median rent$802/mo
Rent share of income18.7%
Est. mortgage (30yr, 6.5%)$9,320/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 rate1.7%
State avg4.3%
U.S. avg5.2%
Labor force participation49.3%
Poverty rate13.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$153,600
Median monthly rent$802
Price-to-rent ratio16.0x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score83/100
Economic growth60/100
Labor market100/100
Population momentum94/100
Overall stability85/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.