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EconPulse

Local economy signal dashboard

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PLACEThriving

Swepsonville, NC

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

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Overall score84out of 100
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70
88
100
80
88

Population

2,517

Data freshness

Unknown

GDP / Output

+4.5% YoY

70

$9.0B

Output changed +4.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

88

2.2%

Unemployment is 2.2% for Latest available.

Vintage date unknown

State avg3.6%
U.S. avg4.1%

Population

+11.7% 5-year

100

2,517

Population moved +11.7% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

80

14.2%

Median rent consumes 14.2% 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

$6.7K per resident

88

$1.1B

$1.1B 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

$1.1B

$6.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$927.1M
2. Department of Veterans Affairs$139.2M
3. Department of Defense$23.4M

Top recipients

Dollars
1. LABORATORY CORPORATION OF AMERICA$32.9M
2. GRAHAM DYEING & FINISHING INC$9.4M
3. GRAHAM HOUSING AUTHORITY INC$9.0M

Affordable

Housing Affordability

14.2%

of median income

1BR estimate$977
2BR estimate$1,286
Median income$100,559
Median home value$311,200

ACS context

Quick Facts

Population

2,517

Median age

38.6

Bachelor's degree+

33.9%

Poverty rate

4.1%

Labor force participation

72.1%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

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

+2.2%

GDP CAGR

+5.9%

Federal flow

5 years

Population (5 years)
20202,254
20212,394
20222,464
20232,452
20242,517
GDP (5 years)
2020$6.8B
2021$7.4B
2022$8.0B
2023$8.6B
2024$9.0B

2-year linear forecast

Predictive Outlook

Population forecast

20242,517
20252,591 *
20262,650 *

R² = 84.2% · * projected

GDP forecast

2024$9.0B
2025$9.7B *
2026$10.2B *

R² = 99.3% · * 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$100,559/yr
Median rent$1,191/mo
Rent share of income14.2%
Est. mortgage (30yr, 6.5%)$18,883/yr
Mortgage share of income18.8%

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

employment snapshot

Job Market

Unemployment rate2.2%
State avg3.6%
U.S. avg4.1%
Labor force participation72.1%
Poverty rate4.1%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$311,200
Median monthly rent$1,191
Price-to-rent ratio21.8x

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

composite score

Investment Climate

Investment climateStrong
Composite score84/100
Economic growth70/100
Labor market88/100
Population momentum100/100
Overall stability84/100

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

Location Context

Swepsonville town, North Carolina

City/Town

Part of

Burlington, NC

Nearby locations

Graham, NCHaw River, NCSaxapahaw, NCMebane, NCGreen Level, NC