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EconPulse

Local economy signal dashboard

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PLACEThriving

South Riding, VA

Thriving 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 score79out of 100
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86
69
84
75
100

Population

34,352

Data freshness

Unknown

GDP / Output

+6.8% YoY

86

$44.9B

Output changed +6.8% in 2024.

Vintage date unknown

State growth5.4%
U.S. growth5.3%

Jobs

Unemployment rate

69

3.8%

Unemployment is 3.8% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

+5.6% 5-year

84

34,352

Population moved +5.6% over the latest ACS window.

Vintage date unknown

State population8,705,170
U.S. population334,922,499

Housing

Rent share of income

75

17.7%

Median rent consumes 17.7% of median household income: Affordable.

Vintage date unknown

State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$12.6K per resident

100

$5.3B

$5.3B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$214.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$5.3B

$12.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.3B
2. Department of Homeland Security$1.0B
3. Department of Defense$899.5M

Top recipients

Dollars
1. NORTHROP GRUMMAN SYSTEMS CORPORATION$379.8M
2. CACI, INC. - FEDERAL$335.8M
3. RANGE GENERATION NEXT LLC$202.0M

Affordable

Housing Affordability

17.7%

of median income

1BR estimate$2,382
2BR estimate$3,137
Median income$196,403
Median home value$746,200

ACS context

Quick Facts

Population

34,352

Median age

38.5

Bachelor's degree+

68.5%

Poverty rate

3.8%

Labor force participation

79.5%

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

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

+1.1%

GDP CAGR

+8.4%

Federal flow

5 years

Population (5 years)
202032,526
202133,828
202233,358
202334,200
202434,352
GDP (5 years)
2020$29.9B
2021$33.6B
2022$37.4B
2023$42.0B
2024$44.9B

2-year linear forecast

Predictive Outlook

Population forecast

202434,352
202534,860 *
202635,262 *

R² = 74.4% · * projected

GDP forecast

2024$44.9B
2025$49.0B *
2026$52.9B *

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$196,403/yr
Median rent$2,905/mo
Rent share of income17.7%
Est. mortgage (30yr, 6.5%)$45,278/yr
Mortgage share of income23.1%

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

employment snapshot

Job Market

Unemployment rate3.8%
State avg4.3%
U.S. avg5.2%
Labor force participation79.5%
Poverty rate3.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$746,200
Median monthly rent$2,905
Price-to-rent ratio21.4x

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

composite score

Investment Climate

Investment climateStrong
Composite score80/100
Economic growth86/100
Labor market69/100
Population momentum84/100
Overall stability79/100

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

Location Context

South Riding CDP, Virginia

City/Town

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

Stone Ridge, VAArcola, VAChantilly, VASully Square, VALoudoun Valley Estates, VA