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EconPulse

Local economy signal dashboard

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PLACEThriving

Akron, IA

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

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Overall score85out of 100
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46
100
100
82
100

Population

1,689

Data freshness

Unknown

GDP / Output

+1.0% YoY

46

$2.0B

Output changed +1.0% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

100

1.7%

Unemployment is 1.7% for Latest available.

Vintage date unknown

State avg3.6%
U.S. avg5.2%

Population

+14.3% 5-year

100

1,689

Population moved +14.3% over the latest ACS window.

Vintage date unknown

State population3,210,507
U.S. population334,922,499

Housing

Rent share of income

82

12.9%

Median rent consumes 12.9% of median household income: Affordable.

Vintage date unknown

State rent$972
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$10.0K per resident

100

$256.7M

$256.7M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$36.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$256.7M

$10.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$139.0M
2. Department of Homeland Security$52.5M
3. Department of Transportation$26.1M

Top recipients

Dollars
1. MLU SERVICES, LLC$52.5M
2. IOWA DEPARTMENT OF TRANSPORTATION$26.1M
3. REDACTED DUE TO PII$25.2M

Affordable

Housing Affordability

12.9%

of median income

1BR estimate$582
2BR estimate$767
Median income$66,250
Median home value$157,900

ACS context

Quick Facts

Population

1,689

Median age

41.2

Bachelor's degree+

22.9%

Poverty rate

9.5%

Labor force participation

61.4%

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

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

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

+2.7%

GDP CAGR

+7.4%

Federal flow

5 years

Population (5 years)
20201,478
20211,527
20221,580
20231,660
20241,689
GDP (5 years)
2020$1.4B
2021$1.7B
2022$2.0B
2023$2.0B
2024$2.0B

2-year linear forecast

Predictive Outlook

Population forecast

20241,689
20251,753 *
20261,809 *

R² = 98.5% · * projected

GDP forecast

2024$2.0B
2025$2.3B *
2026$2.4B *

R² = 78.5% · * 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$66,250/yr
Median rent$710/mo
Rent share of income12.9%
Est. mortgage (30yr, 6.5%)$9,581/yr
Mortgage share of income14.5%

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

employment snapshot

Job Market

Unemployment rate1.7%
State avg3.6%
U.S. avg5.2%
Labor force participation61.4%
Poverty rate9.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$157,900
Median monthly rent$710
Price-to-rent ratio18.5x

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

composite score

Investment Climate

Investment climateStrong
Composite score80/100
Economic growth46/100
Labor market100/100
Population momentum100/100
Overall stability85/100

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

Location Context

Akron city, Iowa

City/Town

Part of

Le Mars, IA

Nearby locations

Westfield, IARichland, SDChatsworth, IAElk Point, SDHawarden, IA