GDP / Output
+8.9% YoY
100
$4.2B
Output changed +8.9% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
80
2.8%
Unemployment is 2.8% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.3%
Population
+10.5% 5-year
100
3,219
Population moved +10.5% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
67
23.3%
Median rent consumes 23.3% 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
$7.9K per resident
98
$576.8M
$576.8M 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
$576.8M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$382.1M
2. Department of Veterans Affairs$66.0M
3. Department of Health and Human Services$45.7M
Top recipients
Dollars1. SPARC RESEARCH LLC$36.5M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$8.4M
3. OCH TECHNOLOGIES, LLC$8.1M
Affordable
Housing Affordability
23.3%
of median income
1BR estimate$1,487
2BR estimate$1,959
Median income$93,594
Median home value$436,000
ACS context
Quick Facts
Population
3,219
Median age
33.1
Bachelor's degree+
21.3%
Poverty rate
20.6%
Labor force participation
75.2%
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
+2.0%
GDP CAGR
+6.5%
Federal flow
5 years
Population (5 years)
20202,913
20213,114
20223,033
20233,213
20243,219
GDP (5 years)
2020$3.0B
2021$3.3B
2022$3.6B
2023$3.8B
2024$4.2B
2-year linear forecast
Predictive Outlook
Population forecast
20243,219
20253,312 *
20263,383 *
R² = 75.9% · * projected
GDP forecast
2024$4.2B
2025$4.4B *
2026$4.7B *
R² = 99.7% · * 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$93,594/yr
Median rent$1,814/mo
Rent share of income23.3%
Est. mortgage (30yr, 6.5%)$26,456/yr
Mortgage share of income28.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.8%
State avg4.3%
U.S. avg4.3%
Labor force participation75.2%
Poverty rate20.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$436,000
Median monthly rent$1,814
Price-to-rent ratio20.0x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score92/100
Economic growth100/100
Labor market80/100
Population momentum100/100
Overall stability86/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.