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EconPulse

Local economy signal dashboard

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PLACEThriving

Tappahannock, VA

Thriving overall. Jobs is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score80out of 100
Compare
81
100
49
66
100

Population

1,908

Data freshness

Unknown

GDP / Output

+6.0% YoY

81

$560.4M

Output changed +6.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

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

Population

-0.2% 5-year

49

1,908

Population moved -0.2% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

66

24.1%

Median rent consumes 24.1% 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

$8.6K per resident

100

$91.5M

$91.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$214.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$91.5M

$8.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$79.4M
2. Department of Veterans Affairs$8.9M
3. Department of Agriculture$2.5M

Top recipients

Dollars
1. REDACTED DUE TO PII$2.3M
2. BAY RIVERS TELEHEALTH ALLIANCE$752.6K
3. ESSEX REHABILITATION & CARE CENTER, LLC$518.2K

Affordable

Housing Affordability

24.1%

of median income

1BR estimate$772
2BR estimate$1,017
Median income$46,816
Median home value$218,800

ACS context

Quick Facts

Population

1,908

Median age

44.9

Bachelor's degree+

14.9%

Poverty rate

25.2%

Labor force participation

53.3%

Prime rate

7.0%

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

2026-09-17

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

-0.0%

GDP CAGR

+7.8%

Federal flow

5 years

Population (5 years)
20201,911
20211,945
20221,919
20231,865
20241,908
GDP (5 years)
2020$384.2M
2021$409.2M
2022$432.0M
2023$528.7M
2024$560.4M

2-year linear forecast

Predictive Outlook

Population forecast

20241,908
20251,884 *
20261,875 *

R² = 22.2% · * projected

GDP forecast

2024$560.4M
2025$604.4M *
2026$651.6M *

R² = 93.3% · * 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$46,816/yr
Median rent$942/mo
Rent share of income24.1%
Est. mortgage (30yr, 6.5%)$13,276/yr
Mortgage share of income28.4%

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

employment snapshot

Job Market

Unemployment rate0.0%
State avg4.3%
U.S. avg5.2%
Labor force participation53.3%
Poverty rate25.2%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$218,800
Median monthly rent$942
Price-to-rent ratio19.4x

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

composite score

Investment Climate

Investment climateStrong
Composite score79/100
Economic growth81/100
Labor market100/100
Population momentum49/100
Overall stability80/100

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

Location Context

Tappahannock town, Virginia

City/Town

Part of

Virginia

Nearby locations

Warsaw, VAMontross, VAKing and Queen Court House, VACentral Garage, VAKing William, VA