GDP / Output
-0.7% YoY
34
$923.4M
Output changed -0.7% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
98
1.9%
Unemployment is 1.9% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+2.8% 5-year
67
776
Population moved +2.8% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
84
11.8%
Median rent consumes 11.8% of median household income: Affordable.
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
$132.6M
$132.6M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$214.2B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$132.6M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$109.3M
2. Department of Veterans Affairs$9.9M
3. Department of Defense$4.2M
Top recipients
Dollars1. NANOSONIC INC.$6.6M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$1.7M
3. GILES COUNTY BOARD OF SUPERVISORS$330.1K
Affordable
Housing Affordability
11.8%
of median income
1BR estimate$392
2BR estimate$516
Median income$48,750
Median home value$123,200
ACS context
Quick Facts
Population
776
Median age
53.1
Bachelor's degree+
9.8%
Poverty rate
22.4%
Labor force participation
45.7%
Prime rate
7.0%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-17
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
+0.6%
GDP CAGR
+10.5%
Federal flow
5 years
Population (5 years)
2020755
2021658
2022707
2023781
2024776
GDP (5 years)
2020$559.7M
2021$712.9M
2022$722.2M
2023$929.5M
2024$923.4M
2-year linear forecast
Predictive Outlook
Population forecast
2024776
2025785 *
2026801 *
R² = 25.0% · * projected
GDP forecast
2024$923.4M
2025$1.1B *
2026$1.1B *
R² = 90.2% · * 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$48,750/yr
Median rent$478/mo
Rent share of income11.8%
Est. mortgage (30yr, 6.5%)$7,476/yr
Mortgage share of income15.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.9%
State avg4.3%
U.S. avg5.2%
Labor force participation45.7%
Poverty rate22.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$123,200
Median monthly rent$478
Price-to-rent ratio21.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score67/100
Economic growth34/100
Labor market98/100
Population momentum67/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.