Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Colonial Heights, VA

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

Post on XLinkedIn
Overall score76out of 100
Compare
NA
66
87
73
100

Population

18,352

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

66

4.0%

Unemployment is 4.0% for June 2026.

Vintage date unknown

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

Population

+6.2% 5-year

87

18,352

Population moved +6.2% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

73

19.4%

Median rent consumes 19.4% 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

$9.0K per resident

100

$163.0M

$163.0M 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

$163.0M

$9.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$101.7M
2. Department of Veterans Affairs$35.4M
3. Department of Transportation$19.0M

Top recipients

Dollars
1. VIRGINIA DEPARTMENT OF TRANSPORTATION$19.0M
2. FITT SCIENTIFIC, LLC$7.4M
3. COLONIAL HEIGHTS OPERATOR LLC$93.8K

Affordable

Housing Affordability

19.4%

of median income

1BR estimate$1,012
2BR estimate$1,333
Median income$76,505
Median home value$246,600

ACS context

Quick Facts

Population

18,352

Median age

38.2

Bachelor's degree+

28.0%

Poverty rate

7.9%

Labor force participation

64.1%

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

+1.2%

GDP CAGR

Unavailable

Federal flow

5 years

Population (5 years)
202017,283
202118,127
202218,158
202318,210
202418,352

2-year linear forecast

Predictive Outlook

Population forecast

202418,352
202518,692 *
202618,914 *

R² = 68.5% · * 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$76,505/yr
Median rent$1,234/mo
Rent share of income19.4%
Est. mortgage (30yr, 6.5%)$14,963/yr
Mortgage share of income19.6%

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

employment snapshot

Job Market

Unemployment rate4.0%
State avg4.3%
U.S. avg5.2%
Labor force participation64.1%
Poverty rate7.9%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$246,600
Median monthly rent$1,234
Price-to-rent ratio16.7x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score76/100
Economic growthN/A
Labor market66/100
Population momentum87/100
Overall stability76/100

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

Location Context

Colonial Heights city, Virginia

City/Town

Part of

Richmond, VA

Nearby locations

Ettrick, VAPetersburg, VAFort Lee, VAMatoaca, VAHopewell, VA