GDP / Output
Unavailable YoY
NA
Unavailable
Local GDP is unavailable for this geography.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
71
3.7%
Unemployment is 3.7% for June 2026.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
-0.6% 5-year
47
8,056
Population moved -0.6% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
75
18.2%
Median rent consumes 18.2% 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
$9.2K per resident
100
$893.2M
$893.2M 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
Industry GDP mix is unavailable for this geography.
FY2025
Federal Money
Federal obligations
$893.2M
$9.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$615.0M
2. Department of Defense$182.0M
3. Department of Veterans Affairs$67.7M
Top recipients
Dollars1. ELBIT SYSTEMS OF AMERICA - NIGHT VISION LLC$182.0M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$22.4M
3. HOLLINS UNIVERSITY CORP$2.2M
Affordable
Housing Affordability
18.2%
of median income
1BR estimate$813
2BR estimate$1,071
Median income$65,445
Median home value$190,900
ACS context
Quick Facts
Population
8,056
Median age
37.2
Bachelor's degree+
18.4%
Poverty rate
10.5%
Labor force participation
65.3%
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
June 2026
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
-0.1%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20208,102
20218,039
20228,045
20238,038
20248,056
2-year linear forecast
Predictive Outlook
Population forecast
20248,056
20258,028 *
20268,019 *
R² = 30.3% · * 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$65,445/yr
Median rent$992/mo
Rent share of income18.2%
Est. mortgage (30yr, 6.5%)$11,584/yr
Mortgage share of income17.7%
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 avg4.3%
U.S. avg5.2%
Labor force participation65.3%
Poverty rate10.5%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$190,900
Median monthly rent$992
Price-to-rent ratio16.0x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score64/100
Economic growthN/A
Labor market71/100
Population momentum47/100
Overall stability71/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.