GDP / Output
+3.8% YoY
66
$2.0B
Output changed +3.8% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
0
8.7%
Unemployment is 8.7% for Latest available.
Vintage date unknown
State avg3.7%
U.S. avg4.3%
Population
-19.6% 5-year
0
1,619
Population moved -19.6% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
60
28.5%
Median rent consumes 28.5% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.8K per resident
98
$383.7M
$383.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.4B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$383.7M
$7.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$298.6M
2. Department of Veterans Affairs$42.6M
3. Department of Housing and Urban Development$15.3M
Top recipients
Dollars1. HOUSING AUTHORITY OF THE CITY OF ROCKY MOUNT, NORTH CAROLINA$9.4M
2. REDACTED DUE TO PII$9.4M
3. CITY OF ROCKY MOUNT NORTH CAROLINA$5.4M
Affordable
Housing Affordability
28.5%
of median income
1BR estimate$904
2BR estimate$1,191
Median income$46,406
Median home value$106,000
ACS context
Quick Facts
Population
1,619
Median age
40.0
Bachelor's degree+
8.1%
Poverty rate
36.2%
Labor force participation
52.5%
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
-4.3%
GDP CAGR
+4.7%
Federal flow
5 years
Population (5 years)
20202,013
20211,648
20221,630
20231,502
20241,619
GDP (5 years)
2020$1.6B
2021$1.8B
2022$1.8B
2023$1.9B
2024$2.0B
2-year linear forecast
Predictive Outlook
Population forecast
20241,619
20251,402 *
20261,309 *
R² = 58.2% · * projected
GDP forecast
2024$2.0B
2025$2.1B *
2026$2.2B *
R² = 95.8% · * 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$46,406/yr
Median rent$1,103/mo
Rent share of income28.5%
Est. mortgage (30yr, 6.5%)$6,432/yr
Mortgage share of income13.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate8.7%
State avg3.7%
U.S. avg4.3%
Labor force participation52.5%
Poverty rate36.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$106,000
Median monthly rent$1,103
Price-to-rent ratio8.0x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score29/100
Economic growth66/100
Labor market0/100
Population momentum0/100
Overall stability38/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.