GDP / Output
+4.9% YoY
73
$2.2B
Output changed +4.9% in 2024.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
84
2.8%
Unemployment is 2.8% for Latest available.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+4.7% 5-year
78
4,950
Population moved +4.7% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
76
16.9%
Median rent consumes 16.9% 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
$8.2K per resident
100
$447.9M
$447.9M 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
$447.9M
$8.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$377.5M
2. Department of Veterans Affairs$37.3M
3. Railroad Retirement Board$12.2M
Top recipients
Dollars1. VIRGINIA DEPARTMENT OF TRANSPORTATION$6.9M
2. REDACTED DUE TO PII$5.3M
3. PENBAY TECHNOLOGY GROUP LLC$3.5M
Affordable
Housing Affordability
16.9%
of median income
1BR estimate$730
2BR estimate$961
Median income$63,280
Median home value$207,000
ACS context
Quick Facts
Population
4,950
Median age
45.6
Bachelor's degree+
21.7%
Poverty rate
18.6%
Labor force participation
55.9%
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
+0.9%
GDP CAGR
+6.0%
Federal flow
5 years
Population (5 years)
20204,727
20214,863
20224,916
20234,926
20244,950
GDP (5 years)
2020$1.7B
2021$1.9B
2022$2.0B
2023$2.1B
2024$2.2B
2-year linear forecast
Predictive Outlook
Population forecast
20244,950
20255,029 *
20265,080 *
R² = 81.1% · * projected
GDP forecast
2024$2.2B
2025$2.4B *
2026$2.5B *
R² = 97.5% · * 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$63,280/yr
Median rent$890/mo
Rent share of income16.9%
Est. mortgage (30yr, 6.5%)$12,560/yr
Mortgage share of income19.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.8%
State avg4.3%
U.S. avg5.2%
Labor force participation55.9%
Poverty rate18.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$207,000
Median monthly rent$890
Price-to-rent ratio19.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score79/100
Economic growth73/100
Labor market84/100
Population momentum78/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.