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EconPulse

Local economy signal dashboard

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PLACEStable

South Charleston, WV

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 score65out of 100
Compare
74
21
98
78
100

Population

13,457

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$14.4B

Output changed +5.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

21

7.0%

Unemployment is 7.0% for Latest available.

Vintage date unknown

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

Population

+8.0% 5-year

98

13,457

Population moved +8.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

78

15.9%

Median rent consumes 15.9% 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

$11.5K per resident

100

$2.1B

$2.1B 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

$2.1B

$11.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.1B
2. Department of Education$305.9M
3. Department of Homeland Security$140.9M

Top recipients

Dollars
1. WEST VIRGINIA DEPARTMENT OF EDUCATION$249.1M
2. DIVISION OF EMERGENCY MANAGEMENT$125.4M
3. WEST VIRGINIA DEPT OF HUMAN SERVICES$48.9M

Affordable

Housing Affordability

15.9%

of median income

1BR estimate$692
2BR estimate$912
Median income$63,884
Median home value$155,400

ACS context

Quick Facts

Population

13,457

Median age

41.7

Bachelor's degree+

37.8%

Poverty rate

16.9%

Labor force participation

62.9%

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

+1.5%

GDP CAGR

+5.7%

Federal flow

5 years

Population (5 years)
202012,461
202113,595
202213,527
202313,594
202413,457
GDP (5 years)
2020$10.9B
2021$11.9B
2022$12.9B
2023$13.8B
2024$14.4B

2-year linear forecast

Predictive Outlook

Population forecast

202413,457
202513,924 *
202614,123 *

R² = 41.7% · * projected

GDP forecast

2024$14.4B
2025$15.4B *
2026$16.3B *

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$63,884/yr
Median rent$844/mo
Rent share of income15.9%
Est. mortgage (30yr, 6.5%)$9,429/yr
Mortgage share of income14.8%

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

employment snapshot

Job Market

Unemployment rate7.0%
State avg4.2%
U.S. avg5.2%
Labor force participation62.9%
Poverty rate16.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$155,400
Median monthly rent$844
Price-to-rent ratio15.3x

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

composite score

Investment Climate

Investment climateModerate
Composite score63/100
Economic growth74/100
Labor market21/100
Population momentum98/100
Overall stability65/100

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

Location Context

South Charleston city, West Virginia

City/Town

Part of

Charleston, WV

Nearby locations

Dunbar, WVWest Dunbar, WVInstitute, WVCharleston, WVJefferson, WV