Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Broomes Island, MD

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

Post on XLinkedIn
Overall score68out of 100
Compare
59
100
0
NA
95

Population

460

Data freshness

Unknown

GDP / Output

+2.9% YoY

59

$6.2B

Output changed +2.9% in 2024.

Vintage date unknown

State growth6.0%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

-10.3% 5-year

0

460

Population moved -10.3% over the latest ACS window.

Vintage date unknown

State population6,206,011
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.5K per resident

95

$693.5M

$693.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$105.7B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$693.5M

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$467.3M
2. Department of Veterans Affairs$122.6M
3. Department of Defense$66.4M

Top recipients

Dollars
1. ARROWS EDGE LLC$38.3M
2. EVCON-CWC JV LLC$8.8M
3. NAVAL SYSTEMS, INC.$7.0M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median incomeUnavailable
Median home value$390,200

ACS context

Quick Facts

Population

460

Median age

58.6

Bachelor's degree+

15.4%

Poverty rate

0.0%

Labor force participation

50.1%

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

2026-07-31

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

-2.2%

GDP CAGR

+5.3%

Federal flow

5 years

Population (5 years)
2020513
2021583
2022524
2023422
2024460
GDP (5 years)
2020$4.8B
2021$4.9B
2022$5.5B
2023$6.1B
2024$6.2B

2-year linear forecast

Predictive Outlook

Population forecast

2024460
2025420 *
2026394 *

R² = 46.5% · * projected

GDP forecast

2024$6.2B
2025$6.7B *
2026$7.1B *

R² = 94.1% · * 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 + income analysis

Cost of Living

Income and housing cost data unavailable for this geography.

employment snapshot

Job Market

Unemployment rate0.0%
State avg4.3%
U.S. avg5.2%
Labor force participation50.1%
Poverty rate0.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$390,200

composite score

Investment Climate

Investment climateModerate
Composite score60/100
Economic growth59/100
Labor market100/100
Population momentum0/100
Overall stability68/100

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

Location Context

Broomes Island CDP, Maryland

City/Town

Part of

Lexington Park, MD

Nearby locations

St. Leonard, MDLong Beach, MDCalvert Beach, MDSolomons, MDLusby, MD