GDP / Output
+12.3% YoY
100
$738.9M
Output changed +12.3% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
54
4.8%
Unemployment is 4.8% for July 2026.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+18.8% 5-year
100
880
Population moved +18.8% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
65
24.8%
Median rent consumes 24.8% 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
$9.9K per resident
100
$173.5M
$173.5M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$173.5M
$9.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$130.9M
2. Department of Veterans Affairs$12.7M
3. Department of Housing and Urban Development$10.9M
Top recipients
Dollars1. ROANOKE-CHOWAN REGIONAL HOUSING AUTHORITY$9.2M
2. REDACTED DUE TO PII$8.0M
3. CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA, INCORPORATED$7.3M
Affordable
Housing Affordability
24.8%
of median income
1BR estimate$626
2BR estimate$825
Median income$37,031
Median home value$85,000
ACS context
Quick Facts
Population
880
Median age
59.1
Bachelor's degree+
14.4%
Poverty rate
35.2%
Labor force participation
44.6%
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
July 2026
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
+3.5%
GDP CAGR
+6.5%
Federal flow
5 years
Population (5 years)
2020741
2021744
2022746
2023780
2024880
GDP (5 years)
2020$538.5M
2021$612.1M
2022$671.1M
2023$658.0M
2024$738.9M
2-year linear forecast
Predictive Outlook
Population forecast
2024880
2025872 *
2026904 *
R² = 70.6% · * projected
GDP forecast
2024$738.9M
2025$777.7M *
2026$822.4M *
R² = 90.3% · * 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$37,031/yr
Median rent$764/mo
Rent share of income24.8%
Est. mortgage (30yr, 6.5%)$5,158/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 rate4.8%
State avg4.7%
U.S. avg5.2%
Labor force participation44.6%
Poverty rate35.2%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$85,000
Median monthly rent$764
Price-to-rent ratio9.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score83/100
Economic growth100/100
Labor market54/100
Population momentum100/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.