GDP / Output
+1.7% YoY
51
$1.7B
Output changed +1.7% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
44
5.5%
Unemployment is 5.5% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
-2.6% 5-year
34
5,171
Population moved -2.6% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
64
26.0%
Median rent consumes 26.0% 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
$9.4K per resident
100
$381.9M
$381.9M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$214.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$381.9M
$9.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$291.1M
2. Department of Veterans Affairs$34.0M
3. Department of Health and Human Services$14.4M
Top recipients
Dollars1. SOUTHWEST VIRGINIA COMMUNITY COLLEGE$11.0M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$7.4M
3. CLINCH VALLEY COMMUNITY ACTION, INC.$4.5M
Affordable
Housing Affordability
26.0%
of median income
1BR estimate$659
2BR estimate$868
Median income$37,154
Median home value$111,000
ACS context
Quick Facts
Population
5,171
Median age
44.5
Bachelor's degree+
13.5%
Poverty rate
30.2%
Labor force participation
35.3%
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
2026-07-30
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
-0.5%
GDP CAGR
+7.2%
Federal flow
5 years
Population (5 years)
20205,311
20215,300
20225,266
20235,188
20245,171
GDP (5 years)
2020$1.2B
2021$1.3B
2022$1.5B
2023$1.7B
2024$1.7B
2-year linear forecast
Predictive Outlook
Population forecast
20245,171
20255,130 *
20265,090 *
R² = 93.0% · * projected
GDP forecast
2024$1.7B
2025$1.9B *
2026$2.1B *
R² = 93.7% · * 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$37,154/yr
Median rent$804/mo
Rent share of income26.0%
Est. mortgage (30yr, 6.5%)$6,735/yr
Mortgage share of income18.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.5%
State avg4.3%
U.S. avg5.2%
Labor force participation35.3%
Poverty rate30.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$111,000
Median monthly rent$804
Price-to-rent ratio11.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score47/100
Economic growth51/100
Labor market44/100
Population momentum34/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.