Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Scotland Neck, NC

Stable overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as strained for a median-income household.

Post on XLinkedIn
Overall score53out of 100
Compare
74
0
100
51
100

Population

2,006

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$1.9B

Output changed +5.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

14.5%

Unemployment is 14.5% for Latest available.

Vintage date unknown

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

Population

+13.3% 5-year

100

2,006

Population moved +13.3% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

51

35.2%

Median rent consumes 35.2% of median household income: Strained.

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

$8.3K per resident

100

$404.1M

$404.1M 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

$404.1M

$8.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$336.8M
2. Department of Veterans Affairs$42.7M
3. Department of Agriculture$7.7M

Top recipients

Dollars
1. RURAL HEALTH GROUP, INC$6.7M
2. REDACTED DUE TO PII$6.1M
3. EAGLE HOME MEDICAL CORP$2.9M

Strained

Housing Affordability

35.2%

of median income

1BR estimate$458
2BR estimate$604
Median income$19,083
Median home value$73,000

ACS context

Quick Facts

Population

2,006

Median age

52.8

Bachelor's degree+

15.0%

Poverty rate

44.8%

Labor force participation

38.1%

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

+2.5%

GDP CAGR

+5.1%

Federal flow

5 years

Population (5 years)
20201,770
20212,033
20221,861
20232,087
20242,006
GDP (5 years)
2020$1.5B
2021$1.6B
2022$1.7B
2023$1.8B
2024$1.9B

2-year linear forecast

Predictive Outlook

Population forecast

20242,006
20252,109 *
20262,162 *

R² = 40.0% · * projected

GDP forecast

2024$1.9B
2025$2.0B *
2026$2.2B *

R² = 99.6% · * 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$19,083/yr
Median rent$559/mo
Rent share of income35.2%
Est. mortgage (30yr, 6.5%)$4,430/yr
Mortgage share of income23.2%

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

employment snapshot

Job Market

Unemployment rate14.5%
State avg3.6%
U.S. avg5.2%
Labor force participation38.1%
Poverty rate44.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$73,000
Median monthly rent$559
Price-to-rent ratio10.9x

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

composite score

Investment Climate

Investment climateModerate
Composite score55/100
Economic growth74/100
Labor market0/100
Population momentum100/100
Overall stability53/100

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

Location Context

Scotland Neck town, North Carolina

City/Town

Part of

Roanoke Rapids, NC

Nearby locations

Hobgood, NCRoxobel, NCSpeed, NCKelford, NCRich Square, NC