Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Harrellsville, NC

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

Post on XLinkedIn
Overall score53out of 100
Compare
54
0
100
69
96

Population

196

Data freshness

Unknown

GDP / Output

+2.2% YoY

54

$1.1B

Output changed +2.2% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

0

8.7%

Unemployment is 8.7% for Latest available.

Vintage date unknown

State avg3.6%
U.S. avg5.2%

Population

+10.7% 5-year

100

196

Population moved +10.7% over the latest ACS window.

Vintage date unknown

State population10,730,404
U.S. population334,922,499

Housing

Rent share of income

69

21.8%

Median rent consumes 21.8% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.6K per resident

96

$163.2M

$163.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$163.2M

$7.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$129.1M
2. Department of Veterans Affairs$15.0M
3. Department of Agriculture$6.7M

Top recipients

Dollars
1. REDACTED DUE TO PII$5.1M
2. ROANOKE CHOWAN COMMUNITY HEALTH CENTERS, INC.$3.0M
3. CHOWAN UNIVERSITY$2.7M

Affordable

Housing Affordability

21.8%

of median income

1BR estimate$1,046
2BR estimate$1,377
Median income$70,089
Median home value$122,700

ACS context

Quick Facts

Population

196

Median age

43.5

Bachelor's degree+

16.7%

Poverty rate

14.8%

Labor force participation

59.0%

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

+2.1%

GDP CAGR

+5.2%

Federal flow

5 years

Population (5 years)
2020177
2021191
2022208
2023180
2024196
GDP (5 years)
2020$836.6M
2021$951.8M
2022$1.0B
2023$1.1B
2024$1.1B

2-year linear forecast

Predictive Outlook

Population forecast

2024196
2025199 *
2026201 *

R² = 11.6% · * projected

GDP forecast

2024$1.1B
2025$1.2B *
2026$1.2B *

R² = 90.3% · * 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$70,089/yr
Median rent$1,275/mo
Rent share of income21.8%
Est. mortgage (30yr, 6.5%)$7,445/yr
Mortgage share of income10.6%

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

employment snapshot

Job Market

Unemployment rate8.7%
State avg3.6%
U.S. avg5.2%
Labor force participation59.0%
Poverty rate14.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$122,700
Median monthly rent$1,275
Price-to-rent ratio8.0x

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

composite score

Investment Climate

Investment climateModerate
Composite score49/100
Economic growth54/100
Labor market0/100
Population momentum100/100
Overall stability53/100

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

Location Context

Harrellsville town, North Carolina

City/Town

Part of

North Carolina

Nearby locations

Colerain, NCArrowhead Beach, NCChowan Beach, NCCofield, NCGatesville, NC