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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Jaars, NC

Stable overall. GDP / Output is the clearest support signal, while population needs the most attention. Housing reads as unavailable for a median-income household.

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Overall score65out of 100
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92
75
0
NA
79

Population

715

Data freshness

Unknown

GDP / Output

+7.6% YoY

92

$13.1B

Output changed +7.6% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

75

3.1%

Unemployment is 3.1% for April 2026.

Vintage date unknown

State avg3.7%
U.S. avg4.3%

Population

-34.4% 5-year

0

715

Population moved -34.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

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

$5.6K per resident

79

$1.3B

$1.3B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.3B

$5.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.1B
2. Department of Veterans Affairs$133.5M
3. Department of Defense$77.9M

Top recipients

Dollars
1. TMSAB LLC$41.6M
2. SCOTT TECHNOLOGIES, INC.$28.1M
3. TRANSPORTATION NORTH CAROLINA DEPARTMENT$18.8M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$65,777
Median home value$9,999

ACS context

Quick Facts

Population

715

Median age

33.0

Bachelor's degree+

40.6%

Poverty rate

27.8%

Labor force participation

31.8%

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

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

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

-8.1%

GDP CAGR

+9.6%

Federal flow

5 years

Population (5 years)
20201,090
2021981
2022887
2023769
2024715
GDP (5 years)
2020$8.3B
2021$9.4B
2022$11.1B
2023$12.2B
2024$13.1B

2-year linear forecast

Predictive Outlook

Population forecast

2024715
2025600 *
2026504 *

R² = 98.9% · * projected

GDP forecast

2024$13.1B
2025$14.6B *
2026$15.8B *

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$65,777/yr
Est. mortgage (30yr, 6.5%)$607/yr
Mortgage share of income0.9%

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

employment snapshot

Job Market

Unemployment rate3.1%
State avg3.7%
U.S. avg4.3%
Labor force participation31.8%
Poverty rate27.8%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$9,999

composite score

Investment Climate

Investment climateModerate
Composite score63/100
Economic growth92/100
Labor market75/100
Population momentum0/100
Overall stability65/100

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

Location Context

JAARS CDP, North Carolina

City/Town

Part of

Charlotte-Concord-Gastonia, NC-SC

Nearby locations

Van Wyck, SCWaxhaw, NCUnity, SCMineral Springs, NCCatawba, SC