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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Oakvale, WV

Stable overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as unavailable for a median-income household.

Post on XLinkedIn
Overall score65out of 100
Compare
61
38
100
NA
100

Population

254

Data freshness

Unknown

GDP / Output

+3.2% YoY

61

$2.3B

Output changed +3.2% in 2024.

Vintage date unknown

State growth4.9%
U.S. growth5.3%

Jobs

Unemployment rate

38

5.9%

Unemployment is 5.9% for Latest available.

Vintage date unknown

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

Population

+26.4% 5-year

100

254

Population moved +26.4% over the latest ACS window.

Vintage date unknown

State population1,778,373
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$872
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$9.2K per resident

100

$549.5M

$549.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$23.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$549.5M

$9.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$371.9M
2. Department of Veterans Affairs$61.9M
3. Department of Agriculture$26.6M

Top recipients

Dollars
1. WEST VIRGINA CONSERVATION AGENCY$23.4M
2. WVDOT DIVISION OF HIGHWAYS$20.9M
3. CONCORD UNIVERSITY$11.5M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimate$595
2BR estimate$783
Median incomeUnavailable
Median home valueUnavailable

ACS context

Quick Facts

Population

254

Median age

11.9

Bachelor's degree+

24.0%

Poverty rate

10.3%

Labor force participation

60.2%

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

Latest available

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

+4.8%

GDP CAGR

+5.6%

Federal flow

5 years

Population (5 years)
2020201
2021238
2022214
2023232
2024254
GDP (5 years)
2020$1.8B
2021$1.9B
2022$2.1B
2023$2.3B
2024$2.3B

2-year linear forecast

Predictive Outlook

Population forecast

2024254
2025258 *
2026268 *

R² = 58.2% · * projected

GDP forecast

2024$2.3B
2025$2.5B *
2026$2.7B *

R² = 98.5% · * 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 affordability breakdown

Cost of Living

Median rent$725/mo

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

employment snapshot

Job Market

Unemployment rate5.9%
State avg4.2%
U.S. avg5.2%
Labor force participation60.2%
Poverty rate10.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median monthly rent$725

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth61/100
Labor market38/100
Population momentum100/100
Overall stability65/100

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

Location Context

Oakvale town, West Virginia

City/Town

Part of

Bluefield, WV-VA

Nearby locations

Athens, WVGlen Lyn, VAPrinceton, WVNarrows, VARich Creek, VA