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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Ronceverte, WV

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score38out of 100
Compare
42
9
0
66
100

Population

1,419

Data freshness

Unknown

GDP / Output

+0.5% YoY

42

$1.5B

Output changed +0.5% in 2024.

Vintage date unknown

State growth4.9%
U.S. growth5.3%

Jobs

Unemployment rate

9

7.8%

Unemployment is 7.8% for Latest available.

Vintage date unknown

State avg4.2%
U.S. avg5.2%

Population

-12.7% 5-year

0

1,419

Population moved -12.7% over the latest ACS window.

Vintage date unknown

State population1,778,373
U.S. population334,922,499

Housing

Rent share of income

66

24.6%

Median rent consumes 24.6% of median household income: Affordable.

Vintage date unknown

State rent$872
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$9.2K per resident

100

$302.2M

$302.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$23.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$302.2M

$9.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$227.1M
2. Department of Veterans Affairs$29.7M
3. Department of Transportation$16.7M

Top recipients

Dollars
1. WVDOT DIVISION OF HIGHWAYS$16.5M
2. NEW RIVER COMMUNITY & TECHNICAL$3.8M
3. REDACTED DUE TO PII$3.7M

Affordable

Housing Affordability

24.6%

of median income

1BR estimate$704
2BR estimate$927
Median income$41,889
Median home value$130,300

ACS context

Quick Facts

Population

1,419

Median age

37.9

Bachelor's degree+

17.3%

Poverty rate

25.9%

Labor force participation

59.3%

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

2026-07-31

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

-2.7%

GDP CAGR

+3.6%

Federal flow

5 years

Population (5 years)
20201,626
20211,435
20221,426
20231,523
20241,419
GDP (5 years)
2020$1.2B
2021$1.3B
2022$1.4B
2023$1.4B
2024$1.5B

2-year linear forecast

Predictive Outlook

Population forecast

20241,419
20251,388 *
20261,355 *

R² = 33.6% · * projected

GDP forecast

2024$1.5B
2025$1.5B *
2026$1.6B *

R² = 94.3% · * 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$41,889/yr
Median rent$858/mo
Rent share of income24.6%
Est. mortgage (30yr, 6.5%)$7,906/yr
Mortgage share of income18.9%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate7.8%
State avg4.2%
U.S. avg5.2%
Labor force participation59.3%
Poverty rate25.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$130,300
Median monthly rent$858
Price-to-rent ratio12.7x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateWeak
Composite score24/100
Economic growth42/100
Labor market9/100
Population momentum0/100
Overall stability38/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Ronceverte city, West Virginia

City/Town

Part of

West Virginia

Nearby locations

Fairlea, WVLewisburg, WVAlderson, WVWhite Sulphur Springs, WVUnion, WV