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EconPulse

Local economy signal dashboard

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PLACEStable

Inwood, WV

Stable overall. GDP / Output 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 score66out of 100
Compare
100
27
71
67
100

Population

2,794

Data freshness

Unknown

GDP / Output

+8.7% YoY

100

$6.1B

Output changed +8.7% in 2024.

Vintage date unknown

State growth4.9%
U.S. growth5.3%

Jobs

Unemployment rate

27

6.6%

Unemployment is 6.6% for Latest available.

Vintage date unknown

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

Population

+3.5% 5-year

71

2,794

Population moved +3.5% over the latest ACS window.

Vintage date unknown

State population1,778,373
U.S. population334,922,499

Housing

Rent share of income

67

23.4%

Median rent consumes 23.4% of median household income: Affordable.

Vintage date unknown

State rent$872
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$9.0K per resident

100

$1.1B

$1.1B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$23.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.1B

$9.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$632.8M
2. Department of Veterans Affairs$310.0M
3. Department of Homeland Security$66.8M

Top recipients

Dollars
1. MAVERIS LLC$98.0M
2. SYNERGY BUSINESS INNOVATION & SOLUTIONS INC.$45.9M
3. WVDOT DIVISION OF HIGHWAYS$22.7M

Affordable

Housing Affordability

23.4%

of median income

1BR estimate$1,351
2BR estimate$1,779
Median income$84,286
Median home value$268,400

ACS context

Quick Facts

Population

2,794

Median age

41.7

Bachelor's degree+

27.4%

Poverty rate

14.5%

Labor force participation

59.6%

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

+0.7%

GDP CAGR

+7.2%

Federal flow

5 years

Population (5 years)
20202,700
20212,794
20222,831
20232,605
20242,794
GDP (5 years)
2020$4.3B
2021$4.7B
2022$5.1B
2023$5.6B
2024$6.1B

2-year linear forecast

Predictive Outlook

Population forecast

20242,794
20252,745 *
20262,744 *

R² = 0.0% · * projected

GDP forecast

2024$6.1B
2025$6.5B *
2026$7.0B *

R² = 99.6% · * 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$84,286/yr
Median rent$1,647/mo
Rent share of income23.4%
Est. mortgage (30yr, 6.5%)$16,286/yr
Mortgage share of income19.3%

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

employment snapshot

Job Market

Unemployment rate6.6%
State avg4.2%
U.S. avg5.2%
Labor force participation59.6%
Poverty rate14.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$268,400
Median monthly rent$1,647
Price-to-rent ratio13.6x

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 growth100/100
Labor market27/100
Population momentum71/100
Overall stability66/100

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

Location Context

Inwood CDP, West Virginia

City/Town

Part of

Hagerstown-Martinsburg, MD-WV

Nearby locations

Middleway, WVBrucetown, VAMartinsburg, WVRanson corporation, WVCharles Town, WV