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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Mckenney, VA

Stable overall. Federal Funds 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 score35out of 100
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NA
0
8
70
93

Population

518

Data freshness

Unknown

GDP / Output

Unavailable YoY

NA

Unavailable

Local GDP is unavailable for this geography.

Vintage date unknown

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

Jobs

Unemployment rate

0

25.9%

Unemployment is 25.9% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg4.3%

Population

-7.0% 5-year

8

518

Population moved -7.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

70

21.7%

Median rent consumes 21.7% 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

$7.3K per resident

93

$202.7M

$202.7M 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

Industry GDP mix is unavailable for this geography.

FY2025

Federal Money

Federal obligations

$202.7M

$7.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$163.5M
2. Department of Veterans Affairs$18.5M
3. Department of the Interior$11.0M

Top recipients

Dollars
1. VIRGINIA DEPARTMENT OF CONSERVATION AND RECREATION$10.6M
2. THE COLLEGE OF WILLIAM AND MARY IN VIRGINIA (THE UNIVERSITY)$4.4M
3. VIRGINIA STATE UNIVERSITY$1.8M

Affordable

Housing Affordability

21.7%

of median income

1BR estimate$779
2BR estimate$1,026
Median income$52,500
Median home value$212,000

ACS context

Quick Facts

Population

518

Median age

43.4

Bachelor's degree+

7.1%

Poverty rate

37.6%

Labor force participation

61.5%

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

-1.4%

GDP CAGR

Unavailable

Federal flow

5 years

Population (5 years)
2020557
2021506
2022559
2023569
2024518

2-year linear forecast

Predictive Outlook

Population forecast

2024518
2025537 *
2026536 *

R² = 0.7% · * 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$52,500/yr
Median rent$950/mo
Rent share of income21.7%
Est. mortgage (30yr, 6.5%)$12,864/yr
Mortgage share of income24.5%

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

employment snapshot

Job Market

Unemployment rate25.9%
State avg4.3%
U.S. avg4.3%
Labor force participation61.5%
Poverty rate37.6%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$212,000
Median monthly rent$950
Price-to-rent ratio18.6x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateWeak
Composite score15/100
Economic growthN/A
Labor market0/100
Population momentum8/100
Overall stability35/100

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

Location Context

McKenney town, Virginia

City/Town

Part of

Richmond, VA

Nearby locations

Warfield, VADinwiddie, VAAlberta, VABlackstone, VALawrenceville, VA