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EconPulse

Local economy signal dashboard

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PLACEThriving

Danbury, NC

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

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Overall score69out of 100
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86
74
10
73
99

Population

197

Data freshness

Unknown

GDP / Output

+6.7% YoY

86

$1.8B

Output changed +6.7% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

74

3.5%

Unemployment is 3.5% for June 2026.

Vintage date unknown

State avg3.6%
U.S. avg5.2%

Population

-6.6% 5-year

10

197

Population moved -6.6% over the latest ACS window.

Vintage date unknown

State population10,730,404
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$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.0K per resident

99

$357.4M

$357.4M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$357.4M

$8.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$315.8M
2. Department of Veterans Affairs$34.0M
3. Department of Agriculture$3.2M

Top recipients

Dollars
1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$3.1M
2. REDACTED DUE TO PII$2.1M
3. VILLAGE CARE OF KING, LLC$1.4M

Affordable

Housing Affordability

19.4%

of median income

1BR estimate$957
2BR estimate$1,260
Median income$72,250
Median home value$181,300

ACS context

Quick Facts

Population

197

Median age

43.2

Bachelor's degree+

18.3%

Poverty rate

10.3%

Labor force participation

38.9%

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

-1.4%

GDP CAGR

+10.9%

Federal flow

5 years

Population (5 years)
2020211
2021311
2022293
2023234
2024197
GDP (5 years)
2020$1.0B
2021$1.4B
2022$1.6B
2023$1.6B
2024$1.8B

2-year linear forecast

Predictive Outlook

Population forecast

2024197
2025218 *
2026207 *

R² = 10.9% · * projected

GDP forecast

2024$1.8B
2025$2.0B *
2026$2.2B *

R² = 92.1% · * 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$72,250/yr
Median rent$1,167/mo
Rent share of income19.4%
Est. mortgage (30yr, 6.5%)$11,001/yr
Mortgage share of income15.2%

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

employment snapshot

Job Market

Unemployment rate3.5%
State avg3.6%
U.S. avg5.2%
Labor force participation38.9%
Poverty rate10.3%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$181,300
Median monthly rent$1,167
Price-to-rent ratio12.9x

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

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth86/100
Labor market74/100
Population momentum10/100
Overall stability69/100

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

Location Context

Danbury town, North Carolina

City/Town

Part of

Winston-Salem, NC

Nearby locations

Walnut Cove, NCGermanton, NCKing, NCMadison, NCPinnacle, NC