GDP / Output
Unavailable YoY
NA
Unavailable
Local GDP is unavailable for this geography.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
21
7.0%
Unemployment is 7.0% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
-17.3% 5-year
0
607
Population moved -17.3% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
70
21.2%
Median rent consumes 21.2% 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
$11.9K per resident
100
$430.2M
$430.2M 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
Industry GDP mix is unavailable for this geography.
FY2025
Federal Money
Federal obligations
$430.2M
$11.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$262.7M
2. Department of Energy$89.7M
3. Department of Veterans Affairs$28.5M
Top recipients
Dollars1. THE VIRGINIA DEPARTMENT OF ENERGY$89.7M
2. MOUNTAIN EMPIRE COMMUNITY COLLEGE$6.4M
3. THE WISE COUNTY HOUSING CORPORATION$5.7M
Affordable
Housing Affordability
21.2%
of median income
1BR estimate$631
2BR estimate$832
Median income$43,542
Median home value$38,500
ACS context
Quick Facts
Population
607
Median age
38.0
Bachelor's degree+
2.2%
Poverty rate
15.3%
Labor force participation
39.8%
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
2026-07-30
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
-3.7%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
2020734
2021618
2022479
2023652
2024607
2-year linear forecast
Predictive Outlook
Population forecast
2024607
2025552 *
2026530 *
R² = 14.2% · * 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$43,542/yr
Median rent$770/mo
Rent share of income21.2%
Est. mortgage (30yr, 6.5%)$2,336/yr
Mortgage share of income5.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.0%
State avg4.3%
U.S. avg5.2%
Labor force participation39.8%
Poverty rate15.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$38,500
Median monthly rent$770
Price-to-rent ratio4.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score23/100
Economic growthN/A
Labor market21/100
Population momentum0/100
Overall stability42/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.