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.
Related Trends
Per Capita Personal Consumption Expenditures: Services: Housing and Utilities for Virginia
VAPCEPCHOUSUTL
Value of Exports to Australia from Virginia
VAAUSA052SCEN
Number of Identified Exporters to Ireland from Virginia
VAIRLA475SCEN
Gross Domestic Product: Educational Services, Health Care, and Social Assistance (61, 62) in Virginia
VAEDHLTHSOCASSNGSP
Gross Domestic Product: Motion Picture and Sound Recording Industries (512) in Virginia
VAMOTPICSNDNGSP
All Employees: Financial Activities: Finance and Insurance in Virginia
SMS51000005552000001
Citation
U.S. Federal Reserve, Resident Population in Virginia (VAPOP), retrieved from FRED.