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EconPulse

Local economy signal dashboard

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PLACEThriving

Mcdowell, VA

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

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Overall score90out of 100
Compare
100
74
100
NA
100

Population

58

Data freshness

Unknown

GDP / Output

+14.2% YoY

100

$110.6M

Output changed +14.2% in 2024.

Vintage date unknown

State growth5.4%
U.S. growth5.3%

Jobs

Unemployment rate

74

3.5%

Unemployment is 3.5% for April 2026.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

+114.8% 5-year

100

58

Population moved +114.8% over the latest ACS window.

Vintage date unknown

State population8,705,170
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

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

$12.4K per resident

100

$27.7M

$27.7M 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

$27.7M

$12.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$21.0M
2. Department of Transportation$2.0M
3. Department of Agriculture$1.5M

Top recipients

Dollars
1. VIRGINIA DEPARTMENT OF TRANSPORTATION$2.0M
2. HIGHLAND MEDICAL CENTER INC$1.4M
3. REDACTED DUE TO PII$951.0K

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home value$59,000

ACS context

Quick Facts

Population

58

Median age

32.3

Bachelor's degree+

5.3%

Poverty rate

0.0%

Labor force participation

47.4%

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

2026-06-16

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

+16.5%

GDP CAGR

+11.2%

Federal flow

5 years

Population (5 years)
202027
202134
202245
202337
202458
GDP (5 years)
2020$64.9M
2021$77.2M
2022$96.6M
2023$96.9M
2024$110.6M

2-year linear forecast

Predictive Outlook

Population forecast

202458
202560 *
202666 *

R² = 75.1% · * projected

GDP forecast

2024$110.6M
2025$122.6M *
2026$133.7M *

R² = 94.5% · * 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 + income analysis

Cost of Living

Income and housing cost data unavailable for this geography.

employment snapshot

Job Market

Unemployment rate3.5%
State avg4.3%
U.S. avg5.2%
Labor force participation47.4%
Poverty rate0.0%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$59,000

composite score

Investment Climate

Investment climateStrong
Composite score91/100
Economic growth100/100
Labor market74/100
Population momentum100/100
Overall stability90/100

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

Location Context

McDowell CDP, Virginia

City/Town

Part of

Virginia

Nearby locations

Monterey, VADeerfield, VAArbovale, WVCraigsville, VAGreen Bank, WV