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EconPulse

Local economy signal dashboard

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PLACEThriving

Bassett, NE

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

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Overall score73out of 100
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86
90
0
74
100

Population

580

Data freshness

Unknown

GDP / Output

+6.7% YoY

86

$133.5M

Output changed +6.7% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

90

2.4%

Unemployment is 2.4% for August 2026.

Vintage date unknown

State avg2.9%
U.S. avg5.2%
BLS local unemployment unavailable; Census ACS fallback used if available.

Population

-18.7% 5-year

0

580

Population moved -18.7% over the latest ACS window.

Vintage date unknown

State population1,978,707
U.S. population334,922,499

Housing

Rent share of income

74

18.3%

Median rent consumes 18.3% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.8K per resident

100

$11.1M

$11.1M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$27.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$11.1M

$8.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$8.0M
2. Department of Transportation$1.3M
3. Department of Agriculture$1.0M

Top recipients

Dollars
1. NEBRASKA DEPARTMENT OF TRANSPORTATION$1.3M
2. REDACTED DUE TO PII$806.6K
3. LACKAFF CATTLE CORP$200.9K

Affordable

Housing Affordability

18.3%

of median income

1BR estimate$534
2BR estimate$703
Median income$42,697
Median home value$86,800

ACS context

Quick Facts

Population

580

Median age

54.1

Bachelor's degree+

21.5%

Poverty rate

16.6%

Labor force participation

64.0%

Prime rate

7.0%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

August 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-17

HUD Fair Market Rent

Latest available

Data notes
  • BLS local unemployment unavailable; Census ACS fallback used if available.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-4.0%

GDP CAGR

+6.6%

Federal flow

5 years

Population (5 years)
2020713
2021629
2022602
2023622
2024580
GDP (5 years)
2020$96.8M
2021$100.9M
2022$104.6M
2023$125.0M
2024$133.5M

2-year linear forecast

Predictive Outlook

Population forecast

2024580
2025547 *
2026520 *

R² = 72.8% · * projected

GDP forecast

2024$133.5M
2025$141.4M *
2026$151.2M *

R² = 91.5% · * 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$42,697/yr
Median rent$651/mo
Rent share of income18.3%
Est. mortgage (30yr, 6.5%)$5,267/yr
Mortgage share of income12.3%

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

employment snapshot

Job Market

Unemployment rate2.4%
State avg2.9%
U.S. avg5.2%
Labor force participation64.0%
Poverty rate16.6%

Data from BLS LAUS / CPS. August 2026.

valuation snapshot

Real Estate

Median home value$86,800
Median monthly rent$651
Price-to-rent ratio11.1x

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

composite score

Investment Climate

Investment climateModerate
Composite score67/100
Economic growth86/100
Labor market90/100
Population momentum0/100
Overall stability73/100

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

Location Context

Bassett city, Nebraska

City/Town

Part of

Nebraska

Nearby locations

Long Pine, NENewport, NEAinsworth, NESpringview, NEStuart, NE