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EconPulse

Local economy signal dashboard

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PLACEThriving

Craigsville, VA

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

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Overall score81out of 100
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NA
78
100
69
95

Population

1,104

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

78

3.2%

Unemployment is 3.2% for June 2026.

Vintage date unknown

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

Population

+15.0% 5-year

100

1,104

Population moved +15.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

69

22.4%

Median rent consumes 22.4% 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

$7.5K per resident

95

$581.0M

$581.0M 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

$581.0M

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$494.7M
2. Department of Veterans Affairs$29.1M
3. Department of Agriculture$18.7M

Top recipients

Dollars
1. DYNAMIC AVIATION GROUP, INC.$11.7M
2. LEIDOS, INC.$11.0M
3. REDACTED DUE TO PII$9.7M

Affordable

Housing Affordability

22.4%

of median income

1BR estimate$605
2BR estimate$797
Median income$39,609
Median home value$176,900

ACS context

Quick Facts

Population

1,104

Median age

38.6

Bachelor's degree+

9.5%

Poverty rate

29.2%

Labor force participation

52.5%

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

+2.8%

GDP CAGR

Unavailable

Federal flow

5 years

Population (5 years)
2020960
2021912
2022931
20231,052
20241,104

2-year linear forecast

Predictive Outlook

Population forecast

20241,104
20251,120 *
20261,163 *

R² = 67.1% · * 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$39,609/yr
Median rent$738/mo
Rent share of income22.4%
Est. mortgage (30yr, 6.5%)$10,734/yr
Mortgage share of income27.1%

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

employment snapshot

Job Market

Unemployment rate3.2%
State avg4.3%
U.S. avg5.2%
Labor force participation52.5%
Poverty rate29.2%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$176,900
Median monthly rent$738
Price-to-rent ratio20.0x

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

composite score

Investment Climate

Investment climateStrong
Composite score85/100
Economic growthN/A
Labor market78/100
Population momentum100/100
Overall stability81/100

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

Location Context

Craigsville town, Virginia

City/Town

Part of

Staunton-Stuarts Draft, VA

Nearby locations

Augusta Springs, VADeerfield, VAMiddlebrook, VAGoshen, VAMillboro, VA