GDP / Output
+1.8% YoY
52
$20.6B
Output changed +1.8% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
Jobs
Unemployment rate
95
1.8%
Unemployment is 1.8% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg4.3%
Population
+38.3% 5-year
100
2,128
Population moved +38.3% over the latest ACS window.
Vintage date unknown
State population6,851,073
U.S. population334,922,499
Housing
Rent share of income
76
17.1%
Median rent consumes 17.1% 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
$5.4K per resident
79
$1.1B
$1.1B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.1B
$5.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$927.5M
2. Department of Transportation$53.8M
3. Department of Veterans Affairs$48.7M
Top recipients
Dollars1. INDIANA DEPARTMENT OF TRANSPORTATION$47.1M
2. HOOSIER INDUSTRIAL SUPPLY, INC$23.4M
3. HOUSING AUTHORITY CITY OF ELKHART$12.1M
Affordable
Housing Affordability
17.1%
of median income
1BR estimate$901
2BR estimate$1,187
Median income$77,188
Median home value$229,500
ACS context
Quick Facts
Population
2,128
Median age
31.4
Bachelor's degree+
20.8%
Poverty rate
7.4%
Labor force participation
68.5%
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
2026-06-10
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
+6.7%
GDP CAGR
+4.9%
Federal flow
5 years
Population (5 years)
20201,539
20211,551
20221,862
20231,903
20242,128
GDP (5 years)
2020$16.2B
2021$19.5B
2022$21.0B
2023$20.2B
2024$20.6B
2-year linear forecast
Predictive Outlook
Population forecast
20242,128
20252,256 *
20262,409 *
R² = 92.9% · * projected
GDP forecast
2024$20.6B
2025$22.4B *
2026$23.3B *
R² = 60.3% · * 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$77,188/yr
Median rent$1,099/mo
Rent share of income17.1%
Est. mortgage (30yr, 6.5%)$13,926/yr
Mortgage share of income18.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.8%
State avg3.2%
U.S. avg4.3%
Labor force participation68.5%
Poverty rate7.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$229,500
Median monthly rent$1,099
Price-to-rent ratio17.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score80/100
Economic growth52/100
Labor market95/100
Population momentum100/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.