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EconPulse

Local economy signal dashboard

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PLACEThriving

Fort Washington, MD

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

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Overall score67out of 100
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93
38
66
68
100

Population

25,134

Data freshness

Unknown

GDP / Output

+7.7% YoY

93

$65.2B

Output changed +7.7% in 2024.

Vintage date unknown

State growth6.0%
U.S. growth5.3%

Jobs

Unemployment rate

38

5.9%

Unemployment is 5.9% for Latest available.

Vintage date unknown

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

Population

+2.7% 5-year

66

25,134

Population moved +2.7% over the latest ACS window.

Vintage date unknown

State population6,206,011
U.S. population334,922,499

Housing

Rent share of income

68

22.5%

Median rent consumes 22.5% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$10.5K per resident

100

$10.2B

$10.2B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$105.7B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$10.2B

$10.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$3.4B
2. Department of Defense$1.4B
3. National Aeronautics and Space Administration$1.2B

Top recipients

Dollars
1. UNIVERSITY OF MARYLAND, COLLEGE PARK$406.4M
2. KBR WYLE SERVICES, LLC$195.9M
3. ACCENTURE FEDERAL SERVICES LLC$155.9M

Affordable

Housing Affordability

22.5%

of median income

1BR estimate$2,206
2BR estimate$2,905
Median income$143,333
Median home value$480,100

ACS context

Quick Facts

Population

25,134

Median age

45.9

Bachelor's degree+

43.0%

Poverty rate

5.3%

Labor force participation

66.8%

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

2026-07-31

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

+0.5%

GDP CAGR

+6.5%

Federal flow

5 years

Population (5 years)
202024,468
202125,840
202225,825
202325,843
202425,134
GDP (5 years)
2020$47.6B
2021$51.6B
2022$56.6B
2023$60.5B
2024$65.2B

2-year linear forecast

Predictive Outlook

Population forecast

202425,134
202525,823 *
202625,956 *

R² = 11.8% · * projected

GDP forecast

2024$65.2B
2025$69.5B *
2026$73.9B *

R² = 99.9% · * 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$143,333/yr
Median rent$2,690/mo
Rent share of income22.5%
Est. mortgage (30yr, 6.5%)$29,132/yr
Mortgage share of income20.3%

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

employment snapshot

Job Market

Unemployment rate5.9%
State avg4.3%
U.S. avg5.2%
Labor force participation66.8%
Poverty rate5.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$480,100
Median monthly rent$2,690
Price-to-rent ratio14.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score67/100
Economic growth93/100
Labor market38/100
Population momentum66/100
Overall stability67/100

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

Location Context

Fort Washington CDP, Maryland

City/Town

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

Fort Hunt, VAFriendly, MDNational Harbor, MDAccokeek, MDHybla Valley, VA