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
65
3.8%
Unemployment is 3.8% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg4.3%
Population
-9.9% 5-year
0
3,577
Population moved -9.9% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
72
20.0%
Median rent consumes 20.0% 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
$9.6K per resident
100
$35.5M
$35.5M 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
$35.5M
$9.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$29.7M
2. Department of Veterans Affairs$3.2M
3. Department of Transportation$1.8M
Top recipients
Dollars1. VA DEPARTMENT OF TRANSPORTATION$1.4M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$417.6K
3. CITY OF NORTON$55.9K
Affordable
Housing Affordability
20.0%
of median income
1BR estimate$567
2BR estimate$747
Median income$41,495
Median home value$110,000
ACS context
Quick Facts
Population
3,577
Median age
41.3
Bachelor's degree+
13.7%
Poverty rate
26.3%
Labor force participation
47.6%
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
-2.1%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20203,969
20213,696
20223,668
20233,620
20243,577
2-year linear forecast
Predictive Outlook
Population forecast
20243,577
20253,448 *
20263,362 *
R² = 78.1% · * 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$41,495/yr
Median rent$692/mo
Rent share of income20.0%
Est. mortgage (30yr, 6.5%)$6,675/yr
Mortgage share of income16.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.8%
State avg4.3%
U.S. avg4.3%
Labor force participation47.6%
Poverty rate26.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$110,000
Median monthly rent$692
Price-to-rent ratio13.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score44/100
Economic growthN/A
Labor market65/100
Population momentum0/100
Overall stability59/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.