Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Ashley, IL

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score39out of 100
Compare
18
21
0
75
100

Population

412

Data freshness

Unknown

GDP / Output

-3.0% YoY

18

$1.3B

Output changed -3.0% in 2024.

Vintage date unknown

State growth4.3%
U.S. growth5.3%

Jobs

Unemployment rate

21

7.0%

Unemployment is 7.0% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

-12.5% 5-year

0

412

Population moved -12.5% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

75

17.7%

Median rent consumes 17.7% of median household income: Affordable.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.2K per resident

100

$112.6M

$112.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$112.6M

$8.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$79.5M
2. Department of Agriculture$17.5M
3. Department of Veterans Affairs$8.7M

Top recipients

Dollars
1. REDACTED DUE TO PII$17.0M
2. ILLINOIS DEPARTMENT OF TRANSPORTATION$4.2M
3. NOTS LOGISTICS LLC$171.3K

Affordable

Housing Affordability

17.7%

of median income

1BR estimate$598
2BR estimate$787
Median income$49,559
Median home value$82,500

ACS context

Quick Facts

Population

412

Median age

32.7

Bachelor's degree+

1.9%

Poverty rate

34.3%

Labor force participation

57.0%

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

-2.6%

GDP CAGR

+3.3%

Federal flow

5 years

Population (5 years)
2020471
2021455
2022411
2023428
2024412
GDP (5 years)
2020$1.1B
2021$1.1B
2022$1.2B
2023$1.3B
2024$1.3B

2-year linear forecast

Predictive Outlook

Population forecast

2024412
2025392 *
2026377 *

R² = 73.8% · * projected

GDP forecast

2024$1.3B
2025$1.4B *
2026$1.4B *

R² = 82.4% · * 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$49,559/yr
Median rent$729/mo
Rent share of income17.7%
Est. mortgage (30yr, 6.5%)$5,006/yr
Mortgage share of income10.1%

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

employment snapshot

Job Market

Unemployment rate7.0%
State avg5.1%
U.S. avg5.2%
Labor force participation57.0%
Poverty rate34.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$82,500
Median monthly rent$729
Price-to-rent ratio9.4x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateWeak
Composite score20/100
Economic growth18/100
Labor market21/100
Population momentum0/100
Overall stability39/100

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

Location Context

Ashley city, Illinois

City/Town

Part of

Illinois

Nearby locations

Richview, ILRadom, ILDu Bois, ILIrvington, ILWoodlawn, IL