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EconPulse

Local economy signal dashboard

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PLACEThriving

East Bank, WV

Thriving overall. Jobs 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 score75out of 100
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74
100
0
79
100

Population

850

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$14.4B

Output changed +5.0% in 2024.

Vintage date unknown

State growth4.9%
U.S. growth5.3%

Jobs

Unemployment rate

100

1.6%

Unemployment is 1.6% for Latest available.

Vintage date unknown

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

Population

-24.9% 5-year

0

850

Population moved -24.9% over the latest ACS window.

Vintage date unknown

State population1,778,373
U.S. population334,922,499

Housing

Rent share of income

79

15.0%

Median rent consumes 15.0% of median household income: Affordable.

Vintage date unknown

State rent$872
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$11.5K per resident

100

$2.1B

$2.1B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$23.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$2.1B

$11.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.1B
2. Department of Education$305.9M
3. Department of Homeland Security$140.9M

Top recipients

Dollars
1. WEST VIRGINIA DEPARTMENT OF EDUCATION$249.1M
2. DIVISION OF EMERGENCY MANAGEMENT$125.4M
3. WEST VIRGINIA DEPT OF HUMAN SERVICES$48.9M

Affordable

Housing Affordability

15.0%

of median income

1BR estimate$745
2BR estimate$981
Median income$72,875
Median home value$98,000

ACS context

Quick Facts

Population

850

Median age

43.4

Bachelor's degree+

11.2%

Poverty rate

13.9%

Labor force participation

58.4%

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

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

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

-5.6%

GDP CAGR

+5.7%

Federal flow

5 years

Population (5 years)
20201,132
2021897
2022810
2023776
2024850
GDP (5 years)
2020$10.9B
2021$11.9B
2022$12.9B
2023$13.8B
2024$14.4B

2-year linear forecast

Predictive Outlook

Population forecast

2024850
2025688 *
2026619 *

R² = 59.0% · * projected

GDP forecast

2024$14.4B
2025$15.4B *
2026$16.3B *

R² = 99.6% · * 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$72,875/yr
Median rent$908/mo
Rent share of income15.0%
Est. mortgage (30yr, 6.5%)$5,946/yr
Mortgage share of income8.2%

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

employment snapshot

Job Market

Unemployment rate1.6%
State avg4.2%
U.S. avg5.2%
Labor force participation58.4%
Poverty rate13.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$98,000
Median monthly rent$908
Price-to-rent ratio9.0x

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

composite score

Investment Climate

Investment climateModerate
Composite score66/100
Economic growth74/100
Labor market100/100
Population momentum0/100
Overall stability75/100

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

Location Context

East Bank town, West Virginia

City/Town

Part of

Charleston, WV

Nearby locations

Cedar Grove, WVGlasgow, WVShrewsbury, WVHansford, WVChelyan, WV