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EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Fort Lee, 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 score80out of 100
Compare
NA
77
100
62
100

Population

8,993

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

77

3.3%

Unemployment is 3.3% for June 2026.

Vintage date unknown

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

Population

+51.3% 5-year

100

8,993

Population moved +51.3% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

62

27.3%

Median rent consumes 27.3% 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

$13.0K per resident

100

$557.9M

$557.9M 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

$557.9M

$13.0K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Defense$294.5M
2. Social Security Administration$180.7M
3. Department of Veterans Affairs$54.3M

Top recipients

Dollars
1. SKOOKUM EDUCATIONAL PROGRAMS$32.5M
2. SOUTHERN FOODSERVICE MANAGEMENT INC$29.8M
3. HII MISSION TECHNOLOGIES CORP$19.4M

Affordable

Housing Affordability

27.3%

of median income

1BR estimate$1,541
2BR estimate$2,029
Median income$82,563
Median home valueUnavailable

ACS context

Quick Facts

Population

8,993

Median age

21.0

Bachelor's degree+

33.0%

Poverty rate

2.5%

Labor force participation

89.4%

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

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

+8.6%

GDP CAGR

Unavailable

Federal flow

5 years

Population (5 years)
20205,944
20216,271
20227,577
20238,318
20248,993

2-year linear forecast

Predictive Outlook

Population forecast

20248,993
20259,864 *
202610,679 *

R² = 97.5% · * 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$82,563/yr
Median rent$1,879/mo
Rent share of income27.3%

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

employment snapshot

Job Market

Unemployment rate3.3%
State avg4.3%
U.S. avg5.2%
Labor force participation89.4%
Poverty rate2.5%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median monthly rent$1,879

composite score

Investment Climate

Investment climateStrong
Composite score85/100
Economic growthN/A
Labor market77/100
Population momentum100/100
Overall stability80/100

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

Location Context

Fort Lee CDP, Virginia

City/Town

Part of

Richmond, VA

Nearby locations

Prince George, VAPetersburg, VAColonial Heights, VAHopewell, VAEttrick, VA