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EconPulse

Local economy signal dashboard

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PLACEThriving

Rainelle, WV

Thriving overall. Federal Funds is the clearest support signal, while gdp / output needs the most attention. Housing reads as affordable for a median-income household.

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Overall score70out of 100
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42
86
58
69
100

Population

1,458

Data freshness

Unknown

GDP / Output

+0.5% YoY

42

$1.5B

Output changed +0.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

86

2.7%

Unemployment is 2.7% for Latest available.

Vintage date unknown

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

Population

+1.3% 5-year

58

1,458

Population moved +1.3% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

69

22.3%

Median rent consumes 22.3% of median household income: Affordable.

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

$302.2M

$302.2M 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

$302.2M

$9.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$227.1M
2. Department of Veterans Affairs$29.7M
3. Department of Transportation$16.7M

Top recipients

Dollars
1. WVDOT DIVISION OF HIGHWAYS$16.5M
2. NEW RIVER COMMUNITY & TECHNICAL$3.8M
3. REDACTED DUE TO PII$3.7M

Affordable

Housing Affordability

22.3%

of median income

1BR estimate$544
2BR estimate$716
Median income$35,625
Median home value$80,800

ACS context

Quick Facts

Population

1,458

Median age

48.8

Bachelor's degree+

12.6%

Poverty rate

29.8%

Labor force participation

44.8%

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

+0.3%

GDP CAGR

+3.6%

Federal flow

5 years

Population (5 years)
20201,439
20211,236
20221,424
20231,334
20241,458
GDP (5 years)
2020$1.2B
2021$1.3B
2022$1.4B
2023$1.4B
2024$1.5B

2-year linear forecast

Predictive Outlook

Population forecast

20241,458
20251,419 *
20261,433 *

R² = 5.4% · * projected

GDP forecast

2024$1.5B
2025$1.5B *
2026$1.6B *

R² = 94.3% · * 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$35,625/yr
Median rent$663/mo
Rent share of income22.3%
Est. mortgage (30yr, 6.5%)$4,903/yr
Mortgage share of income13.8%

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

employment snapshot

Job Market

Unemployment rate2.7%
State avg4.2%
U.S. avg5.2%
Labor force participation44.8%
Poverty rate29.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$80,800
Median monthly rent$663
Price-to-rent ratio10.2x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateModerate
Composite score63/100
Economic growth42/100
Labor market86/100
Population momentum58/100
Overall stability70/100

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

Location Context

Rainelle town, West Virginia

City/Town

Part of

West Virginia

Nearby locations

Rupert, WVQuinwood, WVMeadow Bridge, WVCunard, WVGatewood, WV