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EconPulse

Local economy signal dashboard

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PLACEThriving

Sanford, NC

Thriving overall. GDP / Output is the clearest support signal, while housing needs the most attention. Housing reads as affordable for a median-income household.

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Overall score82out of 100
Compare
100
74
85
69
100

Population

31,478

Data freshness

Unknown

GDP / Output

+13.2% YoY

100

$4.3B

Output changed +13.2% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

74

3.5%

Unemployment is 3.5% for June 2026.

Vintage date unknown

State avg3.6%
U.S. avg5.2%

Population

+5.8% 5-year

85

31,478

Population moved +5.8% over the latest ACS window.

Vintage date unknown

State population10,730,404
U.S. population334,922,499

Housing

Rent share of income

69

21.9%

Median rent consumes 21.9% 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

$8.4K per resident

100

$532.3M

$532.3M 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

$532.3M

$8.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$347.9M
2. Department of Veterans Affairs$154.1M
3. Department of Education$12.9M

Top recipients

Dollars
1. CENTRAL CAROLINA COMMUNITY COLLEGE$14.3M
2. SANFORD HOUSING AUTHORITY$8.7M
3. VIOLET SANFORD HOLDINGS, LLC$1.8M

Affordable

Housing Affordability

21.9%

of median income

1BR estimate$863
2BR estimate$1,136
Median income$57,586
Median home value$245,400

ACS context

Quick Facts

Population

31,478

Median age

34.7

Bachelor's degree+

21.6%

Poverty rate

22.0%

Labor force participation

61.5%

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

June 2026

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

+1.1%

GDP CAGR

+8.0%

Federal flow

5 years

Population (5 years)
202029,758
202130,024
202230,373
202330,833
202431,478
GDP (5 years)
2020$2.9B
2021$3.1B
2022$3.4B
2023$3.8B
2024$4.3B

2-year linear forecast

Predictive Outlook

Population forecast

202431,478
202531,768 *
202632,193 *

R² = 97.0% · * projected

GDP forecast

2024$4.3B
2025$4.5B *
2026$4.8B *

R² = 97.2% · * 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$57,586/yr
Median rent$1,052/mo
Rent share of income21.9%
Est. mortgage (30yr, 6.5%)$14,891/yr
Mortgage share of income25.9%

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

employment snapshot

Job Market

Unemployment rate3.5%
State avg3.6%
U.S. avg5.2%
Labor force participation61.5%
Poverty rate22.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$245,400
Median monthly rent$1,052
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 score86/100
Economic growth100/100
Labor market74/100
Population momentum85/100
Overall stability82/100

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

Location Context

Sanford city, North Carolina

City/Town

Part of

Sanford, NC

Nearby locations

Broadway, NCGulf, NCGoldston, NCMoncure, NCCameron, NC