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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Beach Park, IL

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 score53out of 100
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65
0
80
75
94

Population

14,115

Data freshness

Unknown

GDP / Output

+3.7% YoY

65

$82.9B

Output changed +3.7% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

8.4%

Unemployment is 8.4% for Latest available.

Vintage date unknown

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

Population

+5.1% 5-year

80

14,115

Population moved +5.1% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

75

17.6%

Median rent consumes 17.6% 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

$7.4K per resident

94

$5.3B

$5.3B 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

$5.3B

$7.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$3.2B
2. Department of Defense$807.4M
3. Department of Veterans Affairs$499.0M

Top recipients

Dollars
1. CARDINAL HEALTH 200, LLC$472.6M
2. W.W. GRAINGER, INC.$357.3M
3. GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC.$134.7M

Affordable

Housing Affordability

17.6%

of median income

1BR estimate$1,028
2BR estimate$1,354
Median income$85,664
Median home value$245,800

ACS context

Quick Facts

Population

14,115

Median age

43.7

Bachelor's degree+

19.2%

Poverty rate

8.5%

Labor force participation

62.0%

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

+1.0%

GDP CAGR

+5.0%

Federal flow

5 years

Population (5 years)
202013,433
202113,634
202213,995
202313,988
202414,115
GDP (5 years)
2020$65.0B
2021$71.5B
2022$76.1B
2023$79.9B
2024$82.9B

2-year linear forecast

Predictive Outlook

Population forecast

202414,115
202514,348 *
202614,520 *

R² = 89.6% · * projected

GDP forecast

2024$82.9B
2025$88.3B *
2026$92.7B *

R² = 97.8% · * 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$85,664/yr
Median rent$1,254/mo
Rent share of income17.6%
Est. mortgage (30yr, 6.5%)$14,915/yr
Mortgage share of income17.4%

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

employment snapshot

Job Market

Unemployment rate8.4%
State avg5.1%
U.S. avg5.2%
Labor force participation62.0%
Poverty rate8.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$245,800
Median monthly rent$1,254
Price-to-rent ratio16.3x

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

composite score

Investment Climate

Investment climateModerate
Composite score49/100
Economic growth65/100
Labor market0/100
Population momentum80/100
Overall stability53/100

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

Location Context

Beach Park village, Illinois

City/Town

Part of

Chicago-Naperville-Elgin, IL-IN

Nearby locations

Zion, ILWadsworth, ILWinthrop Harbor, ILWaukegan, ILOld Mill Creek, IL