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
45
5.4%
Unemployment is 5.4% for June 2026.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+1.7% 5-year
60
7,139
Population moved +1.7% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
76
17.2%
Median rent consumes 17.2% 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
$7.8K per resident
97
$397.8M
$397.8M 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
$397.8M
$7.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$356.3M
2. Department of Veterans Affairs$23.1M
3. Department of Education$6.7M
Top recipients
Dollars1. PATRICK & HENRY COMMUNITY COLLEGE$6.7M
2. BLUE RIDGE AIRPORT AUTH.$4.5M
3. BARNES SUPPLY CO, INC$1.5M
Affordable
Housing Affordability
17.2%
of median income
1BR estimate$612
2BR estimate$806
Median income$52,158
Median home value$146,700
ACS context
Quick Facts
Population
7,139
Median age
37.4
Bachelor's degree+
24.9%
Poverty rate
16.3%
Labor force participation
64.3%
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
June 2026
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
+0.3%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20207,019
20217,529
20227,640
20237,645
20247,139
2-year linear forecast
Predictive Outlook
Population forecast
20247,139
20257,501 *
20267,537 *
R² = 3.6% · * 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$52,158/yr
Median rent$746/mo
Rent share of income17.2%
Est. mortgage (30yr, 6.5%)$8,902/yr
Mortgage share of income17.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.4%
State avg4.3%
U.S. avg5.2%
Labor force participation64.3%
Poverty rate16.3%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$146,700
Median monthly rent$746
Price-to-rent ratio16.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score56/100
Economic growthN/A
Labor market45/100
Population momentum60/100
Overall stability64/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.