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
33
6.2%
Unemployment is 6.2% for June 2026.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+3.8% 5-year
73
42,214
Population moved +3.8% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
68
22.6%
Median rent consumes 22.6% 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
$11.0K per resident
100
$470.5M
$470.5M 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
$470.5M
$11.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$262.1M
2. Department of Energy$100.1M
3. Department of Veterans Affairs$44.9M
Top recipients
Dollars1. MP ASSETS CORPORATION$100.0M
2. DANVILLE HOUSING COMPANY, INC.$14.4M
3. CITY OF DANVILLE, VIRGINIA$10.9M
Affordable
Housing Affordability
22.6%
of median income
1BR estimate$686
2BR estimate$903
Median income$44,423
Median home value$119,100
ACS context
Quick Facts
Population
42,214
Median age
40.4
Bachelor's degree+
19.6%
Poverty rate
24.7%
Labor force participation
54.1%
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
+0.7%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
202040,668
202142,556
202242,507
202342,239
202442,214
2-year linear forecast
Predictive Outlook
Population forecast
202442,214
202542,869 *
202643,147 *
R² = 31.6% · * 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$44,423/yr
Median rent$836/mo
Rent share of income22.6%
Est. mortgage (30yr, 6.5%)$7,227/yr
Mortgage share of income16.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.2%
State avg4.3%
U.S. avg5.2%
Labor force participation54.1%
Poverty rate24.7%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$119,100
Median monthly rent$836
Price-to-rent ratio11.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score54/100
Economic growthN/A
Labor market33/100
Population momentum73/100
Overall stability60/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.