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EconPulse

Local economy signal dashboard

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PLACEStable

Armstrong, OK

Stable 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 score43out of 100
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59
0
0
84
100

Population

101

Data freshness

Unknown

GDP / Output

+2.8% YoY

59

$2.6B

Output changed +2.8% in 2024.

Vintage date unknown

State growth3.0%
U.S. growth5.3%

Jobs

Unemployment rate

0

16.0%

Unemployment is 16.0% for Latest available.

Vintage date unknown

State avg5.0%
U.S. avg4.3%

Population

-15.8% 5-year

0

101

Population moved -15.8% over the latest ACS window.

Vintage date unknown

State population4,028,634
U.S. population334,922,499

Housing

Rent share of income

84

11.1%

Median rent consumes 11.1% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$11.8K per resident

100

$544.6M

$544.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$50.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$544.6M

$11.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$234.3M
2. Department of Transportation$143.2M
3. Department of Commerce$46.3M

Top recipients

Dollars
1. OKLAHOMA DEPARTMENT OF TRANSPORTATION$140.7M
2. CHOCTAW NATION OF OKLAHOMA$75.9M
3. SOUTHEASTERN OKLAHOMA STATE UNIVERSITY$15.0M

Affordable

Housing Affordability

11.1%

of median income

1BR estimate$318
2BR estimate$419
Median income$41,875
Median home value$75,000

ACS context

Quick Facts

Population

101

Median age

36.2

Bachelor's degree+

13.4%

Poverty rate

16.8%

Labor force participation

65.8%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

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

-3.4%

GDP CAGR

+6.5%

Federal flow

5 years

Population (5 years)
2020120
2021101
2022119
2023128
2024101
GDP (5 years)
2020$1.9B
2021$2.1B
2022$2.3B
2023$2.6B
2024$2.6B

2-year linear forecast

Predictive Outlook

Population forecast

2024101
2025111 *
2026109 *

R² = 2.0% · * projected

GDP forecast

2024$2.6B
2025$2.9B *
2026$3.1B *

R² = 97.0% · * 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$41,875/yr
Median rent$388/mo
Rent share of income11.1%
Est. mortgage (30yr, 6.5%)$4,551/yr
Mortgage share of income10.9%

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

employment snapshot

Job Market

Unemployment rate16.0%
State avg5.0%
U.S. avg4.3%
Labor force participation65.8%
Poverty rate16.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$75,000
Median monthly rent$388
Price-to-rent ratio16.1x

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

composite score

Investment Climate

Investment climateWeak
Composite score28/100
Economic growth59/100
Labor market0/100
Population momentum0/100
Overall stability43/100

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

Location Context

Armstrong town, Oklahoma

City/Town

Part of

Durant, OK

Nearby locations

Durant, OKCaddo, OKKenefic, OKSilo, OKBlue, OK