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EconPulse

Local economy signal dashboard

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PLACEStable

Cedar Rapids, NE

Stable overall. Jobs is the clearest support signal, while gdp / output needs the most attention. Housing reads as affordable for a median-income household.

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Overall score59out of 100
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0
100
0
76
100

Population

493

Data freshness

Unknown

GDP / Output

-9.6% YoY

0

$575.7M

Output changed -9.6% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.4%

Unemployment is 0.4% for Latest available.

Vintage date unknown

State avg3.0%
U.S. avg5.2%

Population

-15.3% 5-year

0

493

Population moved -15.3% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

76

16.9%

Median rent consumes 16.9% 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

$11.2K per resident

100

$60.3M

$60.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$27.7B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$60.3M

$11.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$30.4M
2. Department of Agriculture$26.9M
3. Department of Veterans Affairs$3.1M

Top recipients

Dollars
1. REDACTED DUE TO PII$25.8M
2. ANDREASEN LAND & CATTLE INC$300.6K
3. ALBION MUNICIPAL AIRPORT$296.0K

Affordable

Housing Affordability

16.9%

of median income

1BR estimate$630
2BR estimate$829
Median income$54,519
Median home value$79,600

ACS context

Quick Facts

Population

493

Median age

35.5

Bachelor's degree+

16.1%

Poverty rate

11.4%

Labor force participation

62.2%

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

-3.3%

GDP CAGR

+4.8%

Federal flow

5 years

Population (5 years)
2020582
2021523
2022585
2023484
2024493
GDP (5 years)
2020$456.4M
2021$560.8M
2022$554.5M
2023$637.0M
2024$575.7M

2-year linear forecast

Predictive Outlook

Population forecast

2024493
2025468 *
2026447 *

R² = 51.2% · * projected

GDP forecast

2024$575.7M
2025$651.3M *
2026$682.8M *

R² = 58.7% · * 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$54,519/yr
Median rent$768/mo
Rent share of income16.9%
Est. mortgage (30yr, 6.5%)$4,830/yr
Mortgage share of income8.9%

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

employment snapshot

Job Market

Unemployment rate0.4%
State avg3.0%
U.S. avg5.2%
Labor force participation62.2%
Poverty rate11.4%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$79,600
Median monthly rent$768
Price-to-rent ratio8.6x

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

composite score

Investment Climate

Investment climateModerate
Composite score40/100
Economic growth0/100
Labor market100/100
Population momentum0/100
Overall stability59/100

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

Location Context

Cedar Rapids village, Nebraska

City/Town

Part of

Nebraska

Nearby locations

Primrose, NEBelgrade, NEAlbion, NESpalding, NELoretto, NE