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EconPulse

Local economy signal dashboard

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PLACEThriving

Paris, VA

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

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Overall score100out of 100
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100
100
100
NA
98

Population

63

Data freshness

Unknown

GDP / Output

+8.9% YoY

100

$4.2B

Output changed +8.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

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

Population

+110.0% 5-year

100

63

Population moved +110.0% 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

$7.9K per resident

98

$578.7M

$578.7M 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

$578.7M

$7.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$382.1M
2. Department of Veterans Affairs$66.7M
3. Department of Health and Human Services$45.7M

Top recipients

Dollars
1. SPARC RESEARCH LLC$36.5M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$8.4M
3. OCH TECHNOLOGIES, LLC$8.1M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home valueUnavailable

ACS context

Quick Facts

Population

63

Median age

60.4

Bachelor's degree+

50.8%

Poverty rate

33.3%

Labor force participation

36.5%

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

+16.0%

GDP CAGR

+6.5%

Federal flow

5 years

Population (5 years)
202030
202150
202260
202358
202463
GDP (5 years)
2020$3.0B
2021$3.3B
2022$3.6B
2023$3.8B
2024$4.2B

2-year linear forecast

Predictive Outlook

Population forecast

202463
202574 *
202682 *

R² = 77.3% · * projected

GDP forecast

2024$4.2B
2025$4.4B *
2026$4.7B *

R² = 99.7% · * 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 + income analysis

Cost of Living

Income and housing cost data unavailable for this geography.

employment snapshot

Job Market

Unemployment rate0.0%
State avg4.3%
U.S. avg5.2%
Labor force participation36.5%
Poverty rate33.3%

Data from BLS LAUS / CPS. Latest available.

valuation indicators

Real Estate

Home value and rent data unavailable for this geography.

composite score

Investment Climate

Investment climateStrong
Composite score100/100
Economic growth100/100
Labor market100/100
Population momentum100/100
Overall stability100/100

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

Location Context

Paris CDP, Virginia

City/Town

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

Upperville, VAShenandoah Farms, VARectortown, VABoyce, VASkyland Estates, VA