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
59
4.5%
Unemployment is 4.5% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+1.0% 5-year
56
829
Population moved +1.0% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
65
25.3%
Median rent consumes 25.3% 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
$9.2K per resident
100
$893.2M
$893.2M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$214.2B
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
$893.2M
$9.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$615.0M
2. Department of Defense$182.0M
3. Department of Veterans Affairs$67.7M
Top recipients
Dollars1. ELBIT SYSTEMS OF AMERICA - NIGHT VISION LLC$182.0M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$22.4M
3. HOLLINS UNIVERSITY CORP$2.2M
Affordable
Housing Affordability
25.3%
of median income
1BR estimate$850
2BR estimate$1,119
Median income$49,083
Median home value$264,100
ACS context
Quick Facts
Population
829
Median age
75.2
Bachelor's degree+
16.4%
Poverty rate
17.0%
Labor force participation
29.1%
Prime rate
7.0%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-17
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
+0.2%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
2020821
2021873
2022932
2023865
2024829
2-year linear forecast
Predictive Outlook
Population forecast
2024829
2025866 *
2026867 *
R² = 0.1% · * 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$49,083/yr
Median rent$1,036/mo
Rent share of income25.3%
Est. mortgage (30yr, 6.5%)$16,025/yr
Mortgage share of income32.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.5%
State avg4.3%
U.S. avg5.2%
Labor force participation29.1%
Poverty rate17.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$264,100
Median monthly rent$1,036
Price-to-rent ratio21.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score60/100
Economic growthN/A
Labor market59/100
Population momentum56/100
Overall stability65/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.