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EconPulse

Local economy signal dashboard

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PLACEThriving

Ranson Corporation, WV

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

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Overall score88out of 100
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100
84
100
71
100

Population

5,729

Data freshness

Unknown

GDP / Output

+14.9% YoY

100

$3.0B

Output changed +14.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

84

2.5%

Unemployment is 2.5% for Latest available.

Vintage date unknown

State avg5.4%
U.S. avg4.3%

Population

+9.8% 5-year

100

5,729

Population moved +9.8% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

71

20.6%

Median rent consumes 20.6% 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

$12.2K per resident

100

$704.1M

$704.1M 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

$704.1M

$12.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$315.4M
2. Department of the Treasury$84.8M
3. Department of Education$84.5M

Top recipients

Dollars
1. AMERICAN PUBLIC UNIVERSITY SYSTEM, INC$78.0M
2. FCN, INC.$22.8M
3. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION$22.3M

Affordable

Housing Affordability

20.6%

of median income

1BR estimate$1,260
2BR estimate$1,659
Median income$89,523
Median home value$242,700

ACS context

Quick Facts

Population

5,729

Median age

39.3

Bachelor's degree+

18.9%

Poverty rate

12.0%

Labor force participation

75.0%

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

+1.9%

GDP CAGR

+10.0%

Federal flow

5 years

Population (5 years)
20205,217
20215,404
20225,497
20235,588
20245,729
GDP (5 years)
2020$1.9B
2021$2.1B
2022$2.3B
2023$2.6B
2024$3.0B

2-year linear forecast

Predictive Outlook

Population forecast

20245,729
20255,849 *
20265,970 *

R² = 98.2% · * projected

GDP forecast

2024$3.0B
2025$3.2B *
2026$3.5B *

R² = 97.1% · * 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$89,523/yr
Median rent$1,536/mo
Rent share of income20.6%
Est. mortgage (30yr, 6.5%)$14,727/yr
Mortgage share of income16.5%

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

employment snapshot

Job Market

Unemployment rate2.5%
State avg5.4%
U.S. avg4.3%
Labor force participation75.0%
Poverty rate12.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$242,700
Median monthly rent$1,536
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 climateStrong
Composite score93/100
Economic growth100/100
Labor market84/100
Population momentum100/100
Overall stability88/100

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

Location Context

Ranson corporation, West Virginia

City/Town

Part of

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

Nearby locations

Charles Town, WVShenandoah Junction, WVMiddleway, WVBolivar, WVShannondale, WV