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EconPulse

Local economy signal dashboard

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PLACEThriving

Taylorsville, NC

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 score73out of 100
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75
65
65
79
91

Population

2,201

Data freshness

Unknown

GDP / Output

+5.2% YoY

75

$1.2B

Output changed +5.2% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

65

3.7%

Unemployment is 3.7% for July 2026.

Vintage date unknown

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

Population

+2.6% 5-year

65

2,201

Population moved +2.6% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

79

15.1%

Median rent consumes 15.1% 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

$7.0K per resident

91

$254.0M

$254.0M 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

$254.0M

$7.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$223.3M
2. Department of Veterans Affairs$24.6M
3. Department of Agriculture$2.1M

Top recipients

Dollars
1. REDACTED DUE TO PII$2.3M
2. VALLEY NURSING HEALTHCARE, LLC$1.9M
3. ALEXANDER COUNTY SCHOOLS$1.8M

Affordable

Housing Affordability

15.1%

of median income

1BR estimate$407
2BR estimate$536
Median income$39,423
Median home value$237,300

ACS context

Quick Facts

Population

2,201

Median age

56.3

Bachelor's degree+

15.0%

Poverty rate

27.7%

Labor force participation

32.1%

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

July 2026

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

+0.5%

GDP CAGR

+6.7%

Federal flow

5 years

Population (5 years)
20202,146
20212,332
20222,198
20232,386
20242,201
GDP (5 years)
2020$864.1M
2021$956.7M
2022$1.1B
2023$1.1B
2024$1.2B

2-year linear forecast

Predictive Outlook

Population forecast

20242,201
20252,302 *
20262,318 *

R² = 6.5% · * projected

GDP forecast

2024$1.2B
2025$1.3B *
2026$1.4B *

R² = 90.3% · * 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$39,423/yr
Median rent$496/mo
Rent share of income15.1%
Est. mortgage (30yr, 6.5%)$14,399/yr
Mortgage share of income36.5%

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

employment snapshot

Job Market

Unemployment rate3.7%
State avg3.6%
U.S. avg4.1%
Labor force participation32.1%
Poverty rate27.7%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$237,300
Median monthly rent$496
Price-to-rent ratio39.9x

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

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growth75/100
Labor market65/100
Population momentum65/100
Overall stability73/100

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

Location Context

Taylorsville town, North Carolina

City/Town

Part of

Hickory-Lenoir-Morganton, NC

Nearby locations

Hiddenite, NCStony Point, NCBethlehem, NCLove Valley, NCSt. Stephens, NC