Resident Population in Virginia
VAPOP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,811.20
Year-over-Year Change
7.62%
Date Range
1/1/1900 - 1/1/2024
Summary
The Resident Population in Virginia tracks the total number of people living in the state. This measure is important for economic and policy analysis, as population size and growth trends impact labor force, consumer demand, and government planning.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Resident Population in Virginia represents the total number of people residing in the state, including both citizens and non-citizens. This metric is widely used by economists, demographers, and policymakers to understand population dynamics and their implications for the state's economy and society.
Methodology
The data is collected through the U.S. Census Bureau's population estimates program.
Historical Context
Resident population trends inform state-level economic policies and resource allocation decisions.
Key Facts
- Virginia's resident population was 8.65 million as of 2021.
- The state's population grew by 3.2% between 2010 and 2020.
- Virginia is the 12th most populous state in the United States.
FAQs
Q: What does this economic trend measure?
A: The Resident Population in Virginia metric tracks the total number of people living within the state's borders, including both citizens and non-citizens.
Q: Why is this trend relevant for users or analysts?
A: Population size and growth patterns are crucial inputs for economic and policy analysis, as they impact labor force, consumer demand, and government planning at the state level.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's population estimates program.
Q: How is this trend used in economic policy?
A: Resident population trends inform state-level economic policies and resource allocation decisions, such as infrastructure investment, workforce development, and public service provision.
Q: Are there update delays or limitations?
A: The population estimates are released annually, with a lag of several months following the reference year.
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VAINSURTAX
Unemployment Level for Virginia
UNEMPLOYVA
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Virginia
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Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in Virginia
VATEXTNGSP
Electric Power Carbon Dioxide Emissions, Natural Gas for Virginia
EMISSCO2TOTVECNGVAA
All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Virginia
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Citation
U.S. Federal Reserve, Resident Population in Virginia (VAPOP), retrieved from FRED.