GDP / Output
+5.9% YoY
80
$1.4B
Output changed +5.9% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
71
3.4%
Unemployment is 3.4% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.3%
Population
+7.1% 5-year
93
11,109
Population moved +7.1% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
76
17.2%
Median rent consumes 17.2% 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
$8.9K per resident
100
$345.4M
$345.4M 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
FY2025
Federal Money
Federal obligations
$345.4M
$8.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$251.2M
2. Department of Veterans Affairs$61.9M
3. Department of Defense$8.5M
Top recipients
Dollars1. VIRGINIA INSTITUTE OF MARINE SCIENCE$9.7M
2. RAPPAHANNOCK COMMUNITY COLLEGE$6.6M
3. BOOZ ALLEN HAMILTON INC$4.5M
Affordable
Housing Affordability
17.2%
of median income
1BR estimate$871
2BR estimate$1,147
Median income$74,001
Median home value$320,700
ACS context
Quick Facts
Population
11,109
Median age
41.4
Bachelor's degree+
23.6%
Poverty rate
7.5%
Labor force participation
58.4%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
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
+1.4%
GDP CAGR
+6.9%
Federal flow
5 years
Population (5 years)
202010,373
202111,313
202211,016
202311,159
202411,109
GDP (5 years)
2020$976.5M
2021$1.1B
2022$1.1B
2023$1.3B
2024$1.4B
2-year linear forecast
Predictive Outlook
Population forecast
202411,109
202511,389 *
202611,521 *
R² = 32.9% · * projected
GDP forecast
2024$1.4B
2025$1.5B *
2026$1.6B *
R² = 98.9% · * 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$74,001/yr
Median rent$1,062/mo
Rent share of income17.2%
Est. mortgage (30yr, 6.5%)$19,460/yr
Mortgage share of income26.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.4%
State avg4.3%
U.S. avg4.3%
Labor force participation58.4%
Poverty rate7.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$320,700
Median monthly rent$1,062
Price-to-rent ratio25.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score80/100
Economic growth80/100
Labor market71/100
Population momentum93/100
Overall stability80/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.