GDP / Output
+2.9% YoY
59
$679.1M
Output changed +2.9% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
57
4.6%
Unemployment is 4.6% for June 2026.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+43.3% 5-year
100
513
Population moved +43.3% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
88
8.8%
Median rent consumes 8.8% 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
$12.2K per resident
100
$133.4M
$133.4M 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
$133.4M
$12.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$117.7M
2. Department of Veterans Affairs$7.6M
3. Department of Transportation$4.2M
Top recipients
Dollars1. VIRGINIA DEPARTMENT OF TRANSPORTATION$4.2M
2. DEFINED BUSINESS SOLUTIONS LLC$1.3M
3. BOYS & GIRLS CLUB OF THE NORTHERN NECK, INC.$1.0M
Affordable
Housing Affordability
8.8%
of median income
1BR estimate$759
2BR estimate$999
Median income$126,136
Median home value$518,200
ACS context
Quick Facts
Population
513
Median age
63.0
Bachelor's degree+
65.6%
Poverty rate
5.7%
Labor force participation
53.9%
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
June 2026
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
+7.5%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
2020358
2021415
2022519
2023503
2024513
GDP (5 years)
2020$516.5M
2021$546.3M
2022$578.9M
2023$660.1M
2024$679.1M
2-year linear forecast
Predictive Outlook
Population forecast
2024513
2025581 *
2026621 *
R² = 77.1% · * projected
GDP forecast
2024$679.1M
2025$727.9M *
2026$771.8M *
R² = 95.9% · * 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$126,136/yr
Median rent$925/mo
Rent share of income8.8%
Est. mortgage (30yr, 6.5%)$31,444/yr
Mortgage share of income24.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.6%
State avg4.3%
U.S. avg5.2%
Labor force participation53.9%
Poverty rate5.7%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$518,200
Median monthly rent$925
Price-to-rent ratio46.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score71/100
Economic growth59/100
Labor market57/100
Population momentum100/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.