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EconPulse

Local economy signal dashboard

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PLACEStable

Simpson, NC

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

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Overall score44out of 100
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81
0
11
67
90

Population

432

Data freshness

Unknown

GDP / Output

+6.0% YoY

81

$12.5B

Output changed +6.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

11.6%

Unemployment is 11.6% for Latest available.

Vintage date unknown

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

Population

-6.5% 5-year

11

432

Population moved -6.5% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

67

23.3%

Median rent consumes 23.3% 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

$6.9K per resident

90

$1.2B

$1.2B 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

$1.2B

$6.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$815.5M
2. Department of Veterans Affairs$159.3M
3. Department of Education$70.5M

Top recipients

Dollars
1. EAST CAROLINA UNIVERSITY$58.6M
2. HYSTER-YALE GROUP, INC.$32.0M
3. TRANSPORTATION NORTH CAROLINA DEPARTMENT$23.9M

Affordable

Housing Affordability

23.3%

of median income

1BR estimate$629
2BR estimate$828
Median income$39,464
Median home value$177,800

ACS context

Quick Facts

Population

432

Median age

50.1

Bachelor's degree+

22.3%

Poverty rate

27.4%

Labor force participation

49.4%

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

-1.3%

GDP CAGR

+5.4%

Federal flow

5 years

Population (5 years)
2020462
2021383
2022386
2023388
2024432
GDP (5 years)
2020$9.6B
2021$10.2B
2022$11.0B
2023$11.8B
2024$12.5B

2-year linear forecast

Predictive Outlook

Population forecast

2024432
2025394 *
2026388 *

R² = 6.1% · * projected

GDP forecast

2024$12.5B
2025$13.3B *
2026$14.0B *

R² = 99.8% · * 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$39,464/yr
Median rent$767/mo
Rent share of income23.3%
Est. mortgage (30yr, 6.5%)$10,789/yr
Mortgage share of income27.3%

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

employment snapshot

Job Market

Unemployment rate11.6%
State avg3.6%
U.S. avg5.2%
Labor force participation49.4%
Poverty rate27.4%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$177,800
Median monthly rent$767
Price-to-rent ratio19.3x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score38/100
Economic growth81/100
Labor market0/100
Population momentum11/100
Overall stability44/100

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

Location Context

Simpson village, North Carolina

City/Town

Part of

Greenville, NC

Nearby locations

Grimesland, NCGreenville, NCWinterville, NCStokes, NCAyden, NC