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EconPulse

Local economy signal dashboard

Saved
PLACEStable

New River, VA

Stable overall. Federal Funds 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 score57out of 100
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75
60
0
NA
99

Population

268

Data freshness

Unknown

GDP / Output

+5.2% YoY

75

$1.9B

Output changed +5.2% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

60

4.4%

Unemployment is 4.4% for June 2026.

Vintage date unknown

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

Population

-27.6% 5-year

0

268

Population moved -27.6% 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

$8.0K per resident

99

$269.3M

$269.3M 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

$269.3M

$8.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$224.3M
2. Department of Veterans Affairs$16.1M
3. Department of Defense$12.2M

Top recipients

Dollars
1. ECC CONSTRUCTORS LLC$10.0M
2. NEW RIVER COMMUNITY COLLEGE$5.8M
3. VIRGINIA DEPARTMENT OF TRANSPORTATION$2.3M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$41,628
Median home value$133,600

ACS context

Quick Facts

Population

268

Median age

60.5

Bachelor's degree+

48.9%

Poverty rate

2.6%

Labor force participation

83.2%

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

-6.2%

GDP CAGR

+7.2%

Federal flow

5 years

Population (5 years)
2020370
2021412
2022387
2023377
2024268
GDP (5 years)
2020$1.3B
2021$1.5B
2022$1.7B
2023$1.8B
2024$1.9B

2-year linear forecast

Predictive Outlook

Population forecast

2024268
2025291 *
2026267 *

R² = 46.6% · * projected

GDP forecast

2024$1.9B
2025$2.1B *
2026$2.2B *

R² = 97.6% · * 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$41,628/yr
Est. mortgage (30yr, 6.5%)$8,107/yr
Mortgage share of income19.5%

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

employment snapshot

Job Market

Unemployment rate4.4%
State avg4.3%
U.S. avg5.2%
Labor force participation83.2%
Poverty rate2.6%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$133,600

composite score

Investment Climate

Investment climateModerate
Composite score52/100
Economic growth75/100
Labor market60/100
Population momentum0/100
Overall stability57/100

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

Location Context

New River CDP, Virginia

City/Town

Part of

Blacksburg-Christiansburg-Radford, VA

Nearby locations

Radford, VAFairlawn, VABelspring, VABelview, VAPlum Creek, VA